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Mediclaim u/s 80D (maximum of ₹25000/-taken on the health of the tax payer,
a spouse, dependent children and if it is taken on parents additional Rs.25000/-. -
Policy taken on the health of a senior citizen additional ₹5000/-)
e Term deposit with scheduled bank for a fixed period of not less than 5 years
Contribution towards Unit Linked Insurance Plan of UTI or LIC (of self, spouse
f
& children)
g Payment under a contract of annuity plan of the LIC or any other insurer
h Purchase of tax saving units of Mutual Fund or UTI
Contribution to any Deposit Scheme or pension fund set up by National
i
Housing Bank
Tuition Fees [paid to university, college school or educational institution
j
situated within India for full-time education to any 2 children]
Housing Loan Repayment (Principal) & stamp duty paid for purchase of
k
property
l Subscription to equity shares or debentures of an eligible issue
m Subscription to eligible units of Mutual Fund
n Contribution to PPF account of self, Spouse & Children
o Subscription to Infrastructure Bonds of NABARD
p Deposit under Senior Citizens Savings Scheme
q Five year Time Deposit in Post Office
11 Subscription to Long term infrastructure bonds u/s 80CCF [max ₹20000/-]
12 Total Income rounded off to nearest multiple of ten rupees (8-9-10-11) -40,000
13 Tax on Total Income
Total Income upto ₹2.50 Lakh - Nil; Total Income above ₹2.50 Lakh upto
₹5.00 Lakh -5% of total income in excess of ₹2.50 Lakh; Total Income above
₹5.00 Lakh upto ₹10.00 Lakhs - ₹12500/- plus 20% of total income in excess -
of ₹5.00 Lakhs; Total income exceeds ₹10.00 Lakhs - ₹112500/- plus 30% of
the total income in excess of ₹10.00 Lakhs
Less: Rebate as per Section 87A (for those having total income less than ₹3.5
14
Lakh, ₹2500/- or amount of tax payable whichever is less)
15 Total Tax Payable (13-14) -
Education Cess and Secondary (2%), Higher Education Cess (1%) and health
16 -
cess (1%) @ 4% of (15)
17 Amount of tax already deducted from Salary
18 Balance Income Tax to be paid -
Signature:
Name, Designation & Office:
Place:
Date:
PAN No