INCOME TAX CALCULATION STATEMENT

( FINANCIAL YEAR 2013-2014, AND THE ASSESSMENT YEAR 2014 - 2015)

Name

R.KANNABIRAN

Design

P.G.ASST IN BOTANY

Office

GOVT GIRLS HR SEC SCHOOL-GINGEE-VILLUPURAM DT

PAN NO

CMQPS9175ND

S.NO
1
2
3

DETAILS
TOTAL SALARY INCOME (INCLUDING ALLOWANCES)
OTHER SOURCE OF INCOME
H.R.A EXEMPTED THE AMOUNT OF EXEMPTION SHALL BE THE LEAST OF a,b &c
a. ACTUAL RENT RECEIVED
b. i) ACTUAL RENT PAID

50000

ii) 10% OF SALARY

56348

iii). DIFFERENCE [(I) - (II)]

6348

c. CHENNAI EMPLOYEES 50% OF SALARY

OTHERS 40% OF SALARY
4

LESS PROFESSIONAL TAX U/S 1b(iii)

(E)

SALARY AFTER GIVING RELIEF UNDER THE HEAD H.R.A[Col (1+2)-(3+4)-5]

DEDUCTION UNDER CHAPTER VI-A

LESS INTEREST ON HOUSING LOAN U/S 24(b )Max Rs 250000

NEW SECTION 80. CCE (OVERALL INVESTMENT LIMIT 1 LAKH )

[i] DEDUCTION UNDER NEW SECTION 80/C

1. G.P.F/C.P.S/T.P.F

52772

2. S.P.F

840

3. F.B.F

360

4. L.I.C

30591

5. H.F

1800

6. P.L.I

17892

7. U.T.I

8. P.P.F

9. N.S.C

10. N.S.C ACCRUITED INTEREST

11. REFUND OF H.B.A [PRINCIPAL] ONLY

12. TUITION FEES

13. OTHERS

TOTAL UNDER NEW SECTION 80 C

[ii] U/S 80.CCC AMOUNT DEPOSITED ANY ANNUITY [OR] PENSION PLAN

OF LIC LIKE JEEVAN SURAKSHA [MAX - Rs 10,000]

104255
0
0

[iii] U/S 80 CCD CONTRIBUTION TO PENSION SCHEME OF CENTRAL GOVT.

TOTAL SAVINGS [U/S 80C+ 80 CCC + 80 CCD] MAX 1,00,000

TOTAL TAXABLE INCOME [COL6 - COL 8]

104255

S.NO
10

DEDUCTION UNDER CHAPTER - VI.A

[iv] U/S 80 D : MEDICAL INSURANCE PREMIUM PAID IN THE NAME OF
ASSESSEE,SPOUSE DEPENDENT PARENTS OR CHILD [ MAX Rs 50000]
[v] U/S 80 DD : EXPENSES ON MEDICAL TREATMENT ETC & DEPOSIT MADE
FOR MAINTAINANCE OF HADICAPPED DEPENDENTS [ MAX Rs 50000 to
75000]
[vi] U/S 80 DDB : MEDICAL EXPENSES TOWARDS TREATMENT OF
ASSISTANCE OR HIS/HER DEPENDENT SPOUSE OR PARENTS CHILDREN
FOR NOTIFIED [ MAX Rs 50000] SEVERE DISABILITY Rs 1,00,000
[vii] U/S 80 E :REPAYMENT OF LOAN FOR HIGHER STUDIES AVAILED BY
ASSESSEE
[ 100%]
[viii] U/S 80 G : DONATION FOR CHARITABLE PURPOSE 50% FOR SOME
ITEMS,AND 100% FOR SOME ITEMS [P.M N. RELIEF FUND/CM RELIEF
FUND / SRILANGA TAMILAN RELIEF FUND.
[ix] 80.G : DONATION FOR SCIENTIFIC RESEARCH OR RURAL DEVELOPMENT
[x] 80.QQB : DONATION FOR ROYALTY [Rs 300000]
[xi] 80.U : IN RESPECT OF TOTALLY BLIND OR MENTALLY RETARDED OR PHYSICALLY
HANDICAPPED PERSONS(Rs50000) SEVERE DISABILITY Rs 1,00,000

TOTAL
11

NET TAXABLE INCOME[ COL.9 - COL 10]

ROUNDED TO NEAREST TEN

12

TAXABLE INCOME - MEN AND WOMEN UPTO

RS 200000 NO TAX

1. ON THE FIRST RS 000001 to 2,00,000 - NIL

200000

2. ON THE NEXT RS 2,00,001 to 5,00,000 @ 10%

249320

3. ON THE FIRST RS 5,00,001 to 10,00,000 @ 20%

4. ON THE OTHER RS 10,00,000 and above @ 30%
TOTAL TAX
13

TAX REBATE u/s 87 A

16

TOTAL TAX PAYABLE FOR 2013 -2014

14

ADD EDUCATION CESS@ 3% ON TAX PAYABLE

15

LESS:RELIEF u/s 89 (1) A

17

LESS TAX ALREADY DEDUCTED FOR 2013-2014

18

LESS ALREADY DEDUCTED EDUCATION CESS@ 3%FOR 2013-2014

19

BALANCE TO BE DEDUCTED

20

I hereby authorise the drawing and disbursing officer to deduct the

balance amount of tax from my Feb monthly salary

1.Certified that I am paying a sum of Rs .. towards LIC premium and policies are kept aliv

2.Certified that I am occupying a house allotted by the accomodation controller PWD/TNHB on payme
...per month.
3. Certified that I am occupying a rental house paying a monthly rent of Rs only.
4. Certified that the paticulars furnished above by me are correct.

SIGNATURE OF THE HEAD

SIGNATURE OF THE

this is for your ref only

As per the Central Finance Budget 2013, a new Income Tax Section has introduce under section 87A, where
clarification about this new section under clauses 19 & 20 of the Central Budget 2013 as given below:Clauses 19 & 20 of the Central Budget which have already passed by the Parliament, that
The new section 87A in the income tax Act relating to get the rebate of income tax in case of below given ce
a)
The section 87A seeks to provide that an tax payer being an individual , whose total Taxable Income d
opportunity to tax relief for below tax payers.
b)
This amendment will take effect from 1st April 2013 which effect for the Financial Year 2013-14 and As

NT
2015)

AMOUNT
563482

12000

2170

549312

100000

449312

AMOUNT
0
0

0
0
0
0
0
0

0
449312
449320
NIL
24932
0
0
24932
2000
22932
688
0
0
0
23620

23620

are kept alive.

B on payment of Rs

only.

TURE OF THE ASSESSEE

n 87A, where can get relief as well as Rebate Maximum Rs. 2,000/- whos taxable income up to 5,00,000/-. For more
below:-

elow given certain clauses :ble Income does not exceed 5,00,000/-( After deduction of U/s 10,16,80C and under chapter VI A). It is must be great

13-14 and Assessment Year 2014-15.

TO GO PAGE NO 3

IF U HAVE GOT HOUSING LOAN DELETE THIS AMOUNT

ENTER UR ACTUAL RENT PAID IN YELLOW BOX

ENTER UR PROFESSIONAL TAX PAID IN YELLOW BOX

ENTER UR HOUSING LOAN INTEREST IN YELLOW BOX

ENTER UR U.T.I AMOUNT IN YELLOW BOX

ENTER UR P.P.F AMOUNT IN YELLOW BOX
ENTER UR N.S.C AMOUNT IN YELLOW BOX
ENTER UR HOUSING LOAN PRINCIPAL ONLY IN YELLOW BOX
ENTER UR TUITION FEE AMOUNT PAID IN YELLOW BOX.
ENTER UR AMOUNT IN YELLOW BOX.

ENTER ROUNDED TO NEAREST TEN IN YELLOW BOX - if 15 to 20, 14 to 10

IF EXCEED 5 LAKHS, FILL IN THE YELLOW BOX

IF EXCEED 10 LAKHS, FILL IN THE YELLOW BOX

relief as well as Rebate Maximum Rs. 2,000/- whos taxable income up to 5,00,000/-. For more

uses :exceed 5,00,000/-( After deduction of U/s 10,16,80C and under chapter VI A). It is must be great

nt Year 2014-15.

PARTICULARS OF LIC / PLI PREMIUM

S.N0

POLICY NUMBER

NAME OF THE
COMPANY

NAME OF THE
POLICY

AMOUNT
INSURED Rs

MONTHLY
PREMIUM

1
2
3
4
TOTAL
PARTICULARS OF N.S.C
S.N0

POST OFFICE

ISSUE NO

N.S.C NUMBER

MONTHLY
PREMIUM

N.S.C DATE

1
2
3
TOTAL
PARTICULARS OF N.S.C (VIII ISSUE)
S.N0

POST OFFICE

ISSUE NO

N.S.C NUMBER

MONTHLY
PREMIUM

N.S.C DATE

1
2
3
TOTAL
TUTION FEES DURING THE YEAR 2012-2013
S.N0

Name of the School

ISSUE

DATE OF
PAYMENT

RECEIPT NO

TOTAL

IMPORTANT NOTE

1. The salary bill for February-2014 shall be presented along with the pre-Checked Income Tax Statem
Office salary Bill for Feb-2014 with Income Statement without precheck by this office will be returned
to present on or after March 2014.

2. Basic exemption Limited for both Female and Male is Rs. 2,00,000/3. 80 - D Medical Insurance Premium-(i) Premium Paid for assessee / spouse / Dependent Parents / Ch
(ii) Premium should be paid by Cheque. (Note : Cash payments not be accepted)(iii) Quantum of Dedu
or Rs.15,000(Incase of Senior Citizen & above Rs.20,000) whichever is less.

4. 80 - DDB Medical Treatment-(i) Medical expenditure actually incurred or Rs. 40,000/- (Rs. 60,000/Citizen 60 years & above)whichever is less. Copy of the bills & Statement of expenditure to be enclos
Certificate in Form No. 10-1 should be furnished.(iii) Any Claim from Insurance Company / Employer s
reduced from the deduction allowable.

5. 80 - E Deduction in respect of Interest (Not Principal) on loan taken for Higher Education for himsel
Children & Spouse(i) Applicable for any course or study pursued after passing +2 or its equivalent fro
recognised School, Board or University.(ii) Entire Amount of Interest paid during the year shall be ded
Income.

6. 80 - G Donation-(i) Donations made through employer such as Gujarat Relief Fund alone can be con
employer.Donations of other types are to be considered while filling the return of Income.

TO GO PAGE NO 4
AMOUNT OF PREMIUM

AMOUNT

AMOUNT

AMOUNT

ome Tax Statement of this

will be returned with a request

ent Parents / Children.

uantum of Deduction-Actual

- (Rs. 60,000/- for Senior

ure to be enclosed.(ii) Doctor
ny / Employer shall be

ation for himself or his

s equivalent from any Govt.
ar shall be deducted from

lone can be considered by

me.

18720
18720
18720
21060
21060
21060
21060
21060

7323
8190
21560
1000

245070 57600

247612 12000 1200

GPF/CPS
Subs

O.ALLOW

Total
563482

3906
4025
4212
4212
4212
4212
4212
4446
4446
4446
4446
4446
732
819

52772

PLI

18720

40161
41348
43220
43220
43220
43220
43220
45560
45560
45560
45560
45560
7323
8190
21560
1000
0

SPF

18720

100
100
100
100
100
100
100
100
100
100
100
100

HF

16848

1000
1000
1000
1000
1000
1000
1000
1000
1000
1000
1000
1000

FBF

16351

SPL
ALLOW

0
0
0
0
0
0
0
0
0
0
0
0

M.A

4800
4800
4800
4800
4800
4800
4800
4800
4800
4800
4800
4800

H.R.A/C
CA
/HILL

17910
18600
18600
18600
18600
18600
18600
18600
18600
18600
18600
18600

D. A

P.P / S.P

Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
D.A-I
D.A-II
E.L.S
Bonus
ARREAR
LIC

G.P

MONTH
AND
YEAR

PAN NO

:
:
:
:
Pay

Name
Desig
Office

STATEMENT SHOWING PAY AND ALLOWANCES DRAWN

FOR THE YEAR 2013 - 2014
R.KANNABIRAN
P.G.ASST IN BOTANY
GOVT GIRLS HR SEC SCHOOL-GINGEE-VILLUPURAM DT
CMQPS9175ND
: CHEG10070ED
TAN NO

30
30
30
30
30
30
30
30
30
30
30
30

150
150
150
150
150
150
150
150
150
150
150
150

70
70
70
70
70
70
70
70
70
70
70
70

1491
1491
1491
1491
1491
1491
1491
1491
1491
1491
1491
1491

360 1800 840 17892

SIGNATURE OF ASSESSEE

SIGNATURE OF H

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RAWN

TO GO TO PAGE - 1 AND 2
ENTER UR NAME IN C3 YELLOW BOX
ENTER UR DESIGNATION IN C4 YELLOW BOX
ENTER UR NAME OF THE OFFICE IN C5 YELLOW BOX

10070ED
Total
Tax
Deducti
on

0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0

30591

30591

Total
Deducti
on

LIC

CESS@
3%
Deductio
n

ENTER UR PAN CARD NO IN C6 YELLOW BOX

5647
5766
5953
5953
5953
5953
5953
6187
6187
6187
6187
6187
732
819
0

30591 ENTER UR TOTAL LIC PREMIUM PAID IN P25 YELLOW BOX

104255

SIGNATURE OF HEAD