Name xyz city classification - A1 or X OTA for the 0.00 LIC,other insurances except 17880.

00
HRA: year 2009-10: PLI

Designation: PEX City classification A1 or A Taxable med. 0.00 PLI 0.00

TR.ALL: Reimbursement
amount:

Pay in Pay band 20280.00 GPF - per month 7500.00 Bonus for the 0.00 Tution Fee: a) First Child: -u 12000.00
(as on 01-03-09) year 2008-09: /s 80 C

Group:(For CGEIS B change in GPF contribution if Hon. Amount 2500.00 b) Second Child: - u/s 80 C 12000.00
contribution) any.

Grade Pay 4800.00 Month Amount 60% Arrears 95537.00 Professional Tax : Per 135.00
Amount: month:

Personal Pay: 0.00 Total Edu. Rem. 24000.00 Physically handicapped ? Yes
Amt:
Special Pay: 400.00 further change in GPF LTC - Leave 0.00 Are you a female employee? No
contribution if any encashment

Washing Allowance: 0.00 Month Amount Income tax paid till date: 0.00

other allowance if any -1 0.00

( except HRA,TR.ALL.)
other allowance if any - 2 0.00 DA % as on 01-07- 27%
(except HRA,TR.ALL.) 09

other allowance if any - 3 0.00

( except HRA,TR.ALL.)
u/s 80D- i) 15000.00 HOUSING LOAN 0.00 Deposits made interest received from
Medical insurance (PRINCIPAL amount) investments:
taken for family

Medical insur. ii) 0.00 HBA Interest claimed by 0.00 NSC(Investmen 0.00 Bank 0.00
taken for Senior the employee (Enter the t + accured (Savings/FD/Rec)
citizen of family actual amount) interest for first
5 years)
U/S.80 G 0.00 if housing loan taken, Not taken Mutual 0.00 NSC (accurd/Recd.) 0.00
i) 100% whether it is self occupied funds/Tax
or rented or not rented? saving bonds

ii) 50% 0.00 if rented, enter gross 0.00 Fixed 0.00 Post office MIS ( 6 0.00
annual value or Fair rent or Deposit:(5 years)
the total rent amount for years and
the year which ever is above)
higher
U/S.80E(Interest 0.00 if rented, enter municipal 0.00 PENSION 0.00 Post office recuring 0.00
on Educational tax amount paid, if any FUND Deposit(5 years)
Loan)
U/S.80 U 50000.00 Loan date 80CCC 0.00 Term Deposits ( 1 0.00
Pension plan to 5 years)
u/s 0.00 Living in own house? No OTHERS(IF ANY, SPECIFY) Saving Bonds ( 6 0.00
80CCD(Contributio years)
n to pension
scheme )
u/s 80DD(Medical 0.00 House Rent Receipt 11500.00 a) 0.00 Kisan vikas pathra 0.00
for handicapped amount(per month):
dependents)
F) Rebate under 0.00 Living in Metro ? Yes any other income 0.00
section 89(1)
 INCOME TAX CALCULATION SHEET IN RESPECT OF SHRI/SMT. xyz PEX
INCOME TAX CALCULATION FOR THE FINANCIAL YEAR 2009-10 (Assesment year 2010-11)
TAXABLE GROSS SALARY INCOME: Amount Deduction Total
Annual Gross Income: 533362.00
Arrears Amount: 95537.00
Total: 628899.00 628899.00
Are you a phyiscally handicapped person? Yes
Less: Maximum Rebate on Transport allowance: up to -19200 -19200.00
Rs.800/- per month, for handicapped up to Rs.1600/- per
month) - u/s 10
Whether living in Own house or not: No
Living in Metro ? Yes
Living in Quarters ? No
Actual Rent Paid per month: 11500.00
the least amount of the following three
descriptions should be taken for deduction.( U/S.
10(13A) & RULE 2A)
i) Actual HRA received. 92112.00
ii) Rent paid minus 10% of salary: 99206.00
iii) Residing in metro city - 50% of salary 193969.00 -92112.00 -92112.00
Less:Washing Allowance if any: 0.00 0.00

If housing loan taken whether it is self occupied or rented or Not taken

not rented ?
whether the housing loan taken before 01-04-09 or on or after 0
01-04-09:(If housing loan taken and rebate claimed)
House Loan interest rebate claimed by employee if any: 0.00
If self occupied:
Less: Interest on HBA (u/s 24) ( max.of Rs.150000/- if taken 0.00 0.00 0.00
after 01-04-1999, or max. of. Rs.30000/-)
If rented or not rented:
Gross Annual value or Fair rent or annual rent received, 0.00
which ever is higher - A
Municipal TAX paid if any - B 0.00
Net Annual value A - B 0.00
30% of Net annual value(for maintanance, etc) - C 0.00
Gross Total: Net annual value minus C 0.00
Interest on housing loan taken if any: D 0.00
Net loss / Gain if any(C-D): 0.00 0.00
Less: Professional Tax (u/s 16) -1620 -1620.00
Other Income for the year 2008-09 :
OTA for the year 2009-10: 0.00
Bonus for the year 2008-09: 0.00
Hon. Amount for the year 2009-10: 2500.00
Children Educational reimbursement for the year 2009-10: 24000.00

Amount / Interest received from:

a) Bank (Savings/FD/Rec) 0.00
b) NSC (accurd/Recd.) 0.00
c) Post office MIS ( 6 years) 0.00
d) Post office recuring Deposit(5 years) 0.00
e) Term Deposits ( 1 to 5 years) 0.00
f) Saving Bonds ( 6 years) 0.00
g) Kisan vikas pathra 0.00
LTC - Leave encashment availed: 0.00
Taxable medical reimbursement: 0.00
any Other Income: 0.00
Sub Total: 26500.00 26500.00
Gross Annual income: 542467.00
B/f 542467.00
Deductions under 80 C ( Chapter VI - A)
GPF/CPF including additional GPF if any 90000.00
CGEIS 720.00
INSURANCE - LIC, etc. 17880.00
INSURANCE - PLI 0.00
PENSION FUND 0.00
TUTION FEES (maximum of two children)
Children - 1 12000.00
Children - 2 12000.00
HBA PRINCIPAL 0.00
NSC(Investment + accured interest for first 5 years) 0.00
Mutual funds/Tax saving bonds 0.00
80CCC Pension plan 0.00
Fixed Deposit:(5 years and above) 0.00
u/s 80CCD 0.00
OTHERS(IF ANY, SPECIFY)
a) 0.00
Total Deduction: (Restricted to Rs. 1,00,000/-) 132600.00 -100000.00 -100000.00
Gross Annual income: 442467.00
DEDUCTION UNDER CHAPTER VI-A
MEDICAL INSURANCE U/S.80 D
For self and family except senior citizen( (Maximum of Rs. 15000.00
15,000)
For Senior Citizens in family: (Maximum of Rs.20,000) 0.00
U/S.80E(INT ON EDU LOAN) 0.00
U/S.80 G DONATIONS
100% 0.00
50% 0.00
U/S.80 U BLIND/MRP/PH (Rs.50,000 for mild & Rs.75,000 for 50000.00
severe)
u/s 80DD(Medical for handicapped dependents) 0.00
Rebate under Section 89(1) 0.00
Total Deduction: 65000.00 -65000.00 -65000.00
Are you a female employee? No
Taxable Income: 377467.00
Taxable income rounded to Rs.10 377470.00

INCOME TAX CALCULATION

For Male Employee: Taxable amount Tax
AT THE RATE OF 0 % up to 1,60,000/- 160000.00 0.00
AT THE RATE OF 10 % from Rs. 1,60,001 to Rs. 3,00,000/- 140000.00 14000.00
AT THE RATE OF 20 % from Rs.3,00,001/- to Rs.5,00,000/- 77470.00 15494.00
AT THE RATE OF 30 % from 5,00,001/- onwards 0.00 0.00
For Female Employee:
AT THE RATE OF 0 % up to 1,90,000/- 0.00 0.00
AT THE RATE OF 10 % from Rs. 1,90,001 to Rs. 3,00,000/- 0.00 0.00
AT THE RATE OF 20 % from Rs.3,00,001/- to Rs.5,00,000/- 0.00 0.00
AT THE RATE OF 30 % from 5,00,001/- onwards 0.00 0.00
Total Tax payable: 29494.00
EDU. CESS @ 2% 590.00
SEC. HIG EDU. CESS @ 1% 295.00
Total: 30379.00
Tax rounded to Rs.10 30380.00
Income tax deducted already: 0.00
Net Income Tax: 30380.00

Software preapred by:

saigsolution, E-1, Arjun Flats, 9, Sabari Salai, Madipakkam, Chennai- 600091
mail: saigsolution@ gmail.com
Phone: Chennai: 9600129959
 iii) Residing in metro city -
A

0.00 No

C
D

F
G

H
I=(A+B+C+D+E+F+G+H)
 377470.00 160000.00 217470.00 377470.00 0.00
217470.00 140000.00 77470.00
-82530.00 200000.00 -282530.00
-582530.00 300000.00 -882530.00

0.00 190000.00 -190000.00 0.00

-190000.00 110000.00 -300000.00
J -300000.00 200000.00 -500000.00
K(I+J) -500000.00 300000.00 -800000.00
Yes iii) Residing in metro city - 50% of salary
iii) Residing in non metro city - 40% of salary 0.00
3.00 0.00
0.00 0.00

150000.00 0.00
0.00
A1 or X
 Name: xyz PEX 0% 5.00% DA: w.e.f 01-03-09 22% HRA: 30%
DA: w.e.f 01-07-09 27% Tr.All 3200
with out
Income details: DA:
Month and Year: Pay in Pay Grade Pay HRA DA Tr. Al S.P P.P W. Al. Other Other Other monthwise
band Allowance Allowance Allowan total
s / Pay 1 s / Pay 2 ces /
Pay3
Mar-09 20280 4800 7524 4013 3712 400 0 0 0 0 0 40729
DA/ DA on TA 0 0 0 4515 576 0 0 0 0 0 0 5091
arrears paid in Apr:
Apr-09 20280 4800 7524 5518 3904 400 0 0 0 0 0 42426
May-09 20280 4800 7524 5518 3904 400 0 0 0 0 0 42426 ###
Jun-09 20280 4800 7524 5518 3904 400 0 0 0 0 0 42426
Jul-09 21040 4800 7752 5685 3904 400 0 0 0 0 0 43581
Aug-09 21040 4800 7752 5685 3904 400 0 0 0 0 0 43581
Sep-09 21040 4800 7752 5685 3904 400 0 0 0 0 0 43581
DA / DA on TA 0 0 0 3876 480 0 0 0 0 0 0 4356
arrears paid in Oct:
Oct-09 21040 4800 7752 6977 4064 400 0 0 0 0 0 45033 1
Nov-09 21040 4800 7752 6977 4064 400 0 0 0 0 0 45033
Dec-09 21040 4800 7752 6977 4064 400 0 0 0 0 0 45033
Jan-10 21040 4800 7752 6977 4064 400 0 0 0 0 0 45033
Feb-10 21040 4800 7752 6977 4064 400 0 0 0 0 0 45033

Total: 249440 57600 92112 80898 48512 4800 0 0 0 0 0 533362 533362.00

Deduction details: HRA exemption calculation: I.T deduction to be #
made - month wise R
Month GPF CGEIS Prof. TAX Rent receipt per month: 11500 Month Amount E
F
!
Mar 7500 60 135 Rent paid for 12 months 138000 Apr 2762
Apr 7500 60 135 Living in Metro Yes May 2762
May 7500 60 135 Salary(Pay Band + Grade Pay + DA) 387938 Jun 2762
Jun 7500 60 135 Jul 2762
Jul 7500 60 135 10% of Salary 38794 Aug 2762
Aug 7500 60 135 Rent paid minus 10% of salary 99206 Sep 2762
Sep 7500 60 135 iii) Residing in metro city - 50% of salary 193969 Oct 2762

Oct 7500 60 135 HRA received: 92112 Nov 2762

Nov 7500 60 135 Dec 2762
Dec 7500 60 135 exempted amount of HRA: 92112 Jan 2762
Jan 7500 60 135 Feb 2760
Feb 7500 60 135 Total Tax Deducte Net tax to be
to be d deducted
deducted
Tr. All. Rebate: 19200 30380.00 0.00 30380.00
Total: 90000 720 1620
###
 TR.Allowa A1 or A
nce
800 Grade Pay 4800 A 20280

1600 1600
800 800

1600
92112
 MOST IMPORTANT POINTS:
1

5
6

6
7
8
 MOST IMPORTANT POINTS:
THIS IS A DEMO VERSION. YOU CAN ENTER ALL COLUMNS EXCEPT PAY BAND AND GRADE
PAY TO FIND OUT HOW IT WORKS. YOU CAN PREPARE IT CALCULATION WITHIN 3 MINS. PER
EMPLOYEE BY USING ORIGINAL SOFTWARE
THE ORIGINAL SOFTWARE IS AVAILABLE FOR Rs. 1500/- WITH AUTOMATIC GENERATION OF
FORM 16 (NEW FORM 16). THE SOFTWARE WILL BE SEND TO YOU BY E-MAIL IMMEDIATELY.
DETAILS OF 80C, 80D, 80 G, ETC. ALSO AVAILABLE WITH ORIGINAL SOFTWARE
EVEN MANUAL MODIFICATION OF DATA IS REQUIRED, THAT CAN BE DONE IN ORIGINAL
VERSION
THIS IS THE ACCURATE SOFTWARE WHICH CAN BE USED BY ALL CENTRAL GOVERNMENT
OFFICES. PRIVATE COMPANY SPECIFIC SOFTWARE IS ALSO AVAILABLE FOR Rs.1500/-
YEARLY UPGRADATION WILL BE MADE JUST FOR RS.500 PER YEAR
FOR INDIVIDUALS, WHO WANTED TO AVOID EXCESS DEDUCTION OF INCOME TAX IN OFFICE,
THEY CAN GET THEIR COMPLETE IT DEDUCTION DETAILS WITH EXACT IT AMOUNT PAYABLE.
ALL STATEMENTS WILL BE SEND TO EACH INDIVIDUAL THROUGH E-MAIL BY PAYING JUST
RS.200. OUR EMAIL ID IS: saigsolution@gmail.com Phone: (Chennai)- 96001 29959. YOU CAN
EVEN MESSAGE BY TYPING "IT REQUEST AND YOUR PHONE NO. " WE WILL CALL YOU BACK
go to calculation sheet and print page 1 and 2 only
go to manual modification sheet and print page 1
ADDRESS: SAI G SOLUTION, E-1, ARJUN FLATS, 9, SABARI SALAI, MADIPAKKAM, CHENNAI
TAMILNADU-600091. E MAIL ID: saigsolution@gmail.com. Phone: 9600129959