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IncomeTaxReturnIndia.

com
Salary Inputs for Financial year 2012-2013
Previous Year -2012-2013 (Assessment year - 2013-2014)

Please enter your Income and tax saving details in Green Coloumn Total Salary Component Received Per month No of months Per annum Basic Salary 34,200 12 410,400 DA 12 HRA 10,260 12 123,120 Conveyance Allowance 800 12 9,600 Medical 1,250 12 15,000 LTA 2,500 12 30,000 Uniform Allowance 1,500 12 18,000 Other allowance - 1 325 12 3,900 Other allowance - 2 28,728 12 344,736 Other allowance - 3 1,000 12 12,000 Other allowance - 4 12 Total of Salary Income 966,756 Payment made 98,496 Benefit not Allowed -

Investments made under section 80C Public Provident Fund (PPF) Employee Provident Fund ( EPF) NSC School fees Insurance Premium Principal on housing loan repayment Mutual Funds- ELSS Bank Tax saving Fd for 5 years others

Amt Exempt 98,496 50,000

50,000

Total under sec 80C

148,496

100,000

Other General info Personal Info Are you a senior citizen (age above 60 years)? (Y or N) Are you above 80 years of age? (Y or N) Male or Female For HRA Metro/Non-metro (M or N) HRA Exempt limit (of Basic+DA) For Housing Loan House self-occupied? (Y or N)

Please Select
No No Male

Non-Metro

40%
N

Is possession of property given / Stamp deed registered? Rent Received if property is let out Municipal Tax paid Interest paid on housing loan Principal paid on housing loan

41,825 25,375

12

41,825 25,375

Others Sr. citizen included in medical insurance premium? (Y or N) Sr. citizen included in medical treatment u/s 80DDB? (Y or N) Dependents have permanent physical disability (>80%)? (Y or N) Have permanent physical disability? (Y or N) Is the permanent physical disability severe (>80%)? (Y or N)

N N N N N

Actual Payment/ Investment

Per month

No of months

Per annum 96,000 9,600 4,080 18,000 2,400

Rent Paid Conveyance - No Bills required Medical Bills Submitted LTA Bills Submitted Uniform bills submitted Professional tax

8,000 800 340 1,500 200

12 12 12 1 12 12

Total of Actual Payments Payment made -

130,080

Investments made under Chapter VI Medical Premium Self, Spouse and Child (Sec 80D) Medical Premium for parents(Sec 80D) Medical for handicapped dependents (Sec 80DD) Medical for specified diseases (Sec 80DDB) Higher Education Loan Interest Repayment (Sec 80E) Donation to approved fund and charities (sec 80G) Rent deduction (sec 80GG) only if HRA not received Deduction for permanent disability (80U) Bank Interest on deposits (Sec 80TTA) Other deduction, if any Total under chapter VI

Amt Exempt

54,960 9,600 4,080 18,000

Amt taxable 410,400 68,160 10,920 30,000 3,900

86,640

523,380 Benefit not Allowed -

Amt Exempt -

IncomeTaxReturnIndia.com
Tax Calculator for Financial year 2012-2013
Previous Year -2012-2013 (Assessment year -2013-2014)

Description Gross Salary Less: Exempt HRA Conveyance Allowance Medical LTA Uniform Allowance Other allowance - 1 Other allowance - 2 Other allowance - 3 Other allowance - 4 Total exempt Taxable Salary Income from house property Value of Property Less: Municipal Taxes Less: Interest on Housing loan Less: Deduction us/ 24 Net Amount taxable under House Property Other Income, if any Gross Total Income Less Deduction under chapter VI A Section 80C Section 80D Medical for specified diseases (Sec 80DDB) Section 80E Section 80GG Section 80TTA Section 80U Total Deductions Net taxable Income Total Tax payable Cess on above tax Total tax payable Less: TDS already deducted Balance Tax to be paid/ deducted

Total 966,756 54,960 9,600 4,080 18,000 86,640 880,116 41,825 -

41,825 (41,825)

838,291 100,000 100,000 738,291 77,658 2,330 79,988 71,312 8,676

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