INCOME TAX COMPUTATION

Financial Year

2015-16

Assessment Year

Name

ROSEY MATHEW.K

Designation

Superintending Engineer

Office

Field Studies Circle,

Thrissur

PAN

AESPK2358B

Tax Deducted up to
Month & Year
Nov-15
Amount
90000
Amt of House
Rent Paid

Place
Date

2016-17
Earnings

Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
SLS
Fest. Allow.
Pay Arrears
DA Arrears
Others

83828
77472
77472
77472
83390
85933
96070
85060
85060
61866
44884
44884
74017
2400
14595
43180
136240

Deduc
GPF Subcrn
Arrear to GPF
LIC
SLI
GIS
PLI
FBS
Prof. Tax
HRA
HBA Interest
HBA Principal
U/S 80CCD & 8
Tuition Fees
U/S 80D
GPAIS
U/S 80DD
U/S 80 G

2015-16
2014-15
2013-14

2016-17
2015-16
2014-15

Deductions
GPF Subcrn
Arrear to GPF
LIC
SLI
GIS
PLI
FBS
Prof. Tax
HRA
HBA Interest
HBA Principal
U/S 80CCD & 8
Tuition Fees
U/S 80D
GPAIS
U/S 80DD
U/S 80 G

360000
43180

3000

2500

300

NEXT

By JOHAR T S, Field Studies Circle, Thrissur

Mob :
9446330170
E-mail :
johar_ts@yahoo.com

hrissur
Mob :
E-mail :

Income Tax Statement for the Financial Year 2015-16 (Assessment Year 2016-17)
Name & Designation

ROSEY MATHEW.K, Superintending Engineer, Field Studies Circle, Thrissur

PAN

AESPK2358B

Salary and allowances for the Financial Year 2015-16

1.

Gross Salary
March / 2015

83828

April / 2015

77472

May / 2015

77472

June / 2015

77472

July / 2015

83390

August / 2015

85933

September / 2015

96070

October / 2015

85060

November / 2015

85060

December / 2015

61866

January / 2016

44884

February / 2016

44884

Surrender Leave Salary

74017
2400

Festival Allowance
Pay Revision Arrear

14595

DA Arrear

43180
136240

Salary Arrear

Grand total
2.

1173823

Less : Allowance to the extent excempt under section10

HRA {Sec.10} (in the case of persons who actually incur expenditure
by way of rent)*

3.

Balance [1-2]

4.

Deductions

Professional Tax

Interest on loan taken for HBA (Sec 24)( Max Rs. 200000)

0
1173823

2500
0

1171323

5.

Income chargeable under the Head Salaries [3-4]

6.

Deductions under section 80C

GPF Subscription

Arrear to GPF

GIS

3000

SLI

LIC

GAPIS

PLI

FBS

Tuition Fees

HBA Principal Amount

Others/ National Savings Certificate

360000
43180

300

Total Deductions allowable u/s 80C (Rs.150000/- maximum)

7.

Balance Taxable Income

8.

Other Deductions under Chapter VI A

Medical Insurance Premium 80D (Limited to Rs.25000/-)

Deduction of Rs 50000/- in respect of expenditure incurred on

treatment of hanicapped dependant relative (In case of severe
disability deduction is 10000/-) 80DD

Donations U/S 80G

0
150000
1021323

Total Deductions
9.

Net Taxable Income [7-8]

1021323

10 .

Round off to the nearest multiple of ten

1021320

11 .

Tax on Total Income

12 .

Additional Tax Rebate as per Finance Act, 2013 section 87A of the
Income Tax Act, 1961 (Taxable Income upto Rs.500000/-)

13 .

Tax Payable [11-12]

14 .

Surcharge Educational Cess @3%

15 .

Total Tax Payable

16 .

Relief for arrear salary u/s89(1)- attach Form 10E

17 .

Tax deducted upto November 2015

90000

18 .

Balance Tax

45338

131396
0
131396
3942
135338

Place:

Dated Signature

Date :

Name:

ROSEY MATHEW.K

Designation:

Superintending Engineer

BACK

ActualTax

131396

<=250000 250001 to 5000005,00001 to 10,00000 >10,00000

0

77132

129264

131396