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    Employee No.:53625 Name:Siddharth Das PAN:AOPPD7268A Gender:M

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    Siddharth Das
    This document contains an income tax projection for employee Siddharth Das for the period of April 2021 to March 2022. It lists the components of his salary and calculates his total taxable income for the year at Rs. 14,22,083 after accounting for exemptions. Based on this, the total income tax payable is estimated to be Rs. 2,48,689.90 plus an education charge of Rs. 9,565, for a total of Rs. 2,48,690 that is due to be paid.

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    Employee No.:53625 Name:Siddharth Das PAN:AOPPD7268A Gender:M

    Uploaded by

    Siddharth Das
    46 views2 pages
    This document contains an income tax projection for employee Siddharth Das for the period of April 2021 to March 2022. It lists the components of his salary and calculates his total taxable income for the year at Rs. 14,22,083 after accounting for exemptions. Based on this, the total income tax payable is estimated to be Rs. 2,48,689.90 plus an education charge of Rs. 9,565, for a total of Rs. 2,48,690 that is due to be paid.

    Original Description:

    Projections of income tax

    Original Title

    ITProjection_2021-2022_53625

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    This document contains an income tax projection for employee Siddharth Das for the period of April 2021 to March 2022. It lists the components of his salary and calculates his total taxable income for the year at Rs. 14,22,083 after accounting for exemptions. Based on this, the total income tax payable is estimated to be Rs. 2,48,689.90 plus an education charge of Rs. 9,565, for a total of Rs. 2,48,690 that is due to be paid.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    46 views2 pages

    Employee No.:53625 Name:Siddharth Das PAN:AOPPD7268A Gender:M

    Uploaded by

    Siddharth Das
    This document contains an income tax projection for employee Siddharth Das for the period of April 2021 to March 2022. It lists the components of his salary and calculates his total taxable income for the year at Rs. 14,22,083 after accounting for exemptions. Based on this, the total income tax payable is estimated to be Rs. 2,48,689.90 plus an education charge of Rs. 9,565, for a total of Rs. 2,48,690 that is due to be paid.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    INCOME TAX PROJECTION

    Employee No.:53625 Name:SIDDHARTH DAS PAN:AOPPD7268A Gender :M


    Apr,2021 May,2021 Jun,2021 Jul,2021 Aug,2021 Sep,2021 Oct,2021 Nov,2021 Dec,2021 Jan,2022 Feb,2022 Mar,2022 Total
    Basic Pay
    82,670.00 82,670.00 82,670.00 82,670.00 82,670.00 82,670.00 82,670.00 82,670.00 82,670.00 82,670.00 82,670.00 82,670.00 9,92,040.00
    D.A.
    21,643.01 21,643.01 21,643.01 21,643.01 21,643.01 21,643.01 21,643.01 21,643.01 21,643.01 21,643.01 21,643.01 21,643.01 2,59,716.12
    H.R.A.
    7,440.30 7,440.30 7,440.30 7,440.30 7,440.30 7,440.30 7,440.30 7,440.30 7,440.30 7,440.30 7,440.30 7,440.30 89,283.60
    C.C.A./Loc
    .A. 1,400.00 1,400.00 1,400.00 1,400.00 1,400.00 1,400.00 1,400.00 1,400.00 1,400.00 1,400.00 1,400.00 1,400.00 16,800.00

    P.Q.P.
    0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    F.P.P.
    0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    Grad. Pay
    0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    Spl. Pay
    0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    Spl.
    Allow. 15,707.30 15,707.30 15,707.30 15,707.30 15,707.30 15,707.30 15,707.30 15,707.30 15,707.30 15,707.30 15,707.30 15,707.30 1,88,487.60

    Spl.
    Allow. DA 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

    Conv.
    Allow 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

    Gross
    Salary 1,33,729.86 1,33,729.86 1,33,729.86 1,33,729.86 1,33,729.86 1,33,729.86 1,33,729.86 1,33,729.86 1,33,729.86 1,33,729.86 1,33,729.86 1,33,729.86 16,04,758.32

    Half Pay
    SL/LWP/ 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    Ded. For
    Strike
    Mem. Cont.
    to NPS 10,431.30 10,431.30 10,431.30 10,431.30 10,431.30 10,431.30 10,431.30 10,431.30 10,431.30 10,431.30 10,431.30 10,431.30 1,25,175.60

    Prof. Tax
    200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 2,400.00
    Inc. Tax
    0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    Insurance
    0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    GSLI
    425.00 425.00 425.00 425.00 425.00 425.00 425.00 425.00 425.00 425.00 425.00 425.00 5,100.00
    House Rent
    0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    House Rent
    Exe. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

    Fur. Rent
    0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
    Furniture
    Perq. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

    Disb. SOL 0330 0330 0330 0330 0330 0330 0330 0330 0330 0330 0330 0330
    ID
    Employee No.:53625 Name:SIDDHARTH DAS PAN:AOPPD7268A Gender :M

    Exemption Other Income Perquisite Tax Paid


    Employee 1,25,175.60
    Contribution
    to
    NPS(80CCD)
    GSLI 5,100.00
    Premium(80C)
    *Verified

    INCOME TAX CALCULATION: based on Old Regime


    Gross Salary 16,04,758.32
    Add:Perquisities 0.00 16,04,758.32
    Add:Total Other Income 0.00 16,04,758.32
    Less:LWP/Ded for Strike 0.00 16,04,758.32
    Less:Conveyance Allowance 0.00 16,04,758.32
    Total Gross Salary 16,04,758.32
    Less:Total Exemption 0.00 16,04,758.32
    Ded:Total Prof. Tax 2,400.00 16,02,358.32
    Less:Housing Loan Int.(24) 0.00 16,02,358.32
    Less:U/s 80C ,CCC and CCD 1,30,275.60 14,72,082.72
    Less:80DDD and 80UGE 0.00 14,72,082.72
    Less:80TTA and Others 50,000.00 14,22,082.72
    Total Taxable Income 14,22,082.72
    Total Taxable Income Round 14,22,083.00
    Tax Payable(Rebate under 87A, where applicable) 2,39,124.90
    Add:Edu. Charge 9,565.00
    Total Tax Payable 2,48,689.90
    Relief Under Sec 89A 0.00
    Total Income Tax Deducted 0.00
    Balance Tax to be Paid 2,48,690.00
    NOTE:PLEASE INTIMATE IN CASE OF DISCREPANCY
    (Income Tax on Perquisites will be levied if self-declaration is not submitted)

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