NAME OF ASSESSEE : ASEEM BANSAL

CODE NO. OF ASSESSEE : US 1472

JOINING DATE : 03/03/2014
ADDRESS : UTTAR PRADESH
STATUS : INDIVIDUAL ASSESSMENT YEAR : 2017-18
WARD NO. : FINANCIAL YEAR : 2016-17
PAN : ALFPB3665C DATE OF BIRTH : 26/10/1982
SEX : MALE RETURN : ORIGINAL
BRANCH : NOIDA CATEGORY : UNIVERSAL
DESIGNATION : SR. EXECUTIVE DEPARTMENT : MARKETING
RESIDENTIAL STATUS : RESIDENT
NAME OF BANK : ALLAHABAD BANK

COMPUTATION OF TOTAL INCOME

GROSS TAXABLE NET

SALARIES 366170

UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED

SALARY U/S 17(1) EXCLUDING ALLOWANCE 326916
BASIC+DA 121400
GIFT VOUCHERS 808
INCENTIVES 56000
OTHER ALLOWANCE 148708
326916
HRA 72840
LESS: EXEMPT U/S (10) [SEE NOTE 1] -60700 12140
CONVEYANCE ALLOWANCE 19200
LESS: EXEMPT U/S (10) -19200 NIL
CORPORATE ATTIRE (R) 2000
MEDICAL REIMBURSEMENT 15000
LTA 10114
TAXABLE SALARY 366170

GROSS TOTAL INCOME 366170

LESS: DEDUCTIONS UNDER CHAPTER-VIA

GROSS DEDUCTIBLE
SECTION 80C
PROVIDENT FUND 14568 14568
TOTAL DEDUCTIONS 14568

TOTAL INCOME 351602

TOTAL INCOME ROUNDED OFF U/S 288A 351600

COMPUTAION OF TAX ON TOTAL INCOME

TAX ON RS. 250000 NIL
TAX ON RS. 101600 (351600-250000) @ 10% 10160

TAX ON RS. 351600 10160

LESS: REBATE UNDER SECTION 87A -5000
INCOME TAX AFTER REBATE UNDER SECTION 87A 5160
ADD: EDUCATION CESS @ 2% 103
ADD: HIGHER EDUCATION CESS @ 1% 52
5315
LESS: TDS U/S 192(1) -3484
1831

TAX PAYABLE 1831

TAX DETAIL
TDS Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Total
Payable 0 328 328 328 328 328 328 328 328 430 430 1831 5315
Paid 0 328 328 328 328 328 328 328 328 430 430 0 3484
Balance 0 0 0 0 0 0 0 0 0 0 0 1831 1831

NOTES :

1. HRA EXEMPTION CALCULATION

PARTICULAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR TOTAL
SALARY 9300 10700 10000 10000 10000 10000 10000 10000 10000 10000 10700 10700 121400
RENT PAID 8500 8500 8500 8500 8500 8500 8500 8500 8500 8500 8500 8500 102000
METRO            
1. HRA REC. 5580 6420 6000 6000 6000 6000 6000 6000 6000 6000 6420 6420 72840
2. 4650 5350 5000 5000 5000 5000 5000 5000 5000 5000 5350 5350 60700
M=50/NM=40
% OF SALARY
3. RENT-10% 7570 7430 7500 7500 7500 7500 7500 7500 7500 7500 7430 7430 89860
OF SALARY
EXEMPT 4650 5350 5000 5000 5000 5000 5000 5000 5000 5000 5350 5350 60700
(MIN. OF
ABOVE 3)

FOR UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED

Place : MUMBAI TANMAY KUMAR PANDA

Date : 14/04/2017 HEAD HUMAN RESOURCES