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    Relief Under 89

    Uploaded by

    Aanand Sharma
    This document contains tax information for multiple assessment years. It shows taxable income, tax amounts, and cess for with and without arrears. Taxable income and taxes owed increased each year. The total tax difference for AY 2019-20 was Rs. 57,201 with taxable income of Rs. 11,03,954 with arrears and Rs. 88,09,28 without arrears, a difference of Rs. 22,30,26.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Relief Under 89

    Uploaded by

    Aanand Sharma
    12 views4 pages
    This document contains tax information for multiple assessment years. It shows taxable income, tax amounts, and cess for with and without arrears. Taxable income and taxes owed increased each year. The total tax difference for AY 2019-20 was Rs. 57,201 with taxable income of Rs. 11,03,954 with arrears and Rs. 88,09,28 without arrears, a difference of Rs. 22,30,26.

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    RELIEF UNDER 89.xlsx

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    This document contains tax information for multiple assessment years. It shows taxable income, tax amounts, and cess for with and without arrears. Taxable income and taxes owed increased each year. The total tax difference for AY 2019-20 was Rs. 57,201 with taxable income of Rs. 11,03,954 with arrears and Rs. 88,09,28 without arrears, a difference of Rs. 22,30,26.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    12 views4 pages

    Relief Under 89

    Uploaded by

    Aanand Sharma
    This document contains tax information for multiple assessment years. It shows taxable income, tax amounts, and cess for with and without arrears. Taxable income and taxes owed increased each year. The total tax difference for AY 2019-20 was Rs. 57,201 with taxable income of Rs. 11,03,954 with arrears and Rs. 88,09,28 without arrears, a difference of Rs. 22,30,26.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 4

    A.Y 2016-17 A.

    Y 2017-18

    Particulars Without Arrears With Arrears Difference Without Arrears With Arrears
    Taxable income 610830 638550 27720 761720 871844
    Tax 47166 52710 5544 77344 99369
    Cess 1415 1581 166 2320 2981
    Total Tax 48581 54291 5710 79664 102350
    017-18 A.Y 2018-19 Combined

    Difference Without Arrears With Arrears Difference Without Arrears With Arrears
    110124 774920 860102 85182 2147470 2370496
    22025 67484 84520 17036 191994 236599
    661 2025 2536 511 5760 7098
    22686 69509 87056 17547 197754 243697
    bined A.Y 2019-20

    Difference PARTICULARS Without Arrears With Arrears DIFFERENCE


    223026 BASIC SALARY 898200 898200 0
    44605 ALLOWANCE 177624 177624 0
    1338 ARREAR SALARY 0 223026 223026
    45943 GROSS SALARY 1075824 1298850 223026
    LESS: ALLOWANCE U/S 10(SCA) 2400 2400 0
    BALANCE 1073424 1296450 223026
    DEDUCTIONS : Standard Deduction 40000 40000 0
    TAX ON PROFESSION 2496 2496 0
    GROSS TOTAL INCOME 1030928 1253954 223026
    DEDUCTION U/S 80C,80CCC, 80CCD
    (165133,maximum 150000) 150000 150000 0
    TAXABLE INCOME 880928 1103954 223026
    TAX 88686 143686 55001
    CESS 3547 5747 2200
    TOTAL TAX 92233 149434 57201
    RELIEF U/S 89(1)
    Difference of tax Difference of tax
    in current year in current year RELIEF
    57201 45943 11258

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