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    TaxComputation SYEDL PUN0157 2023 2024

    Uploaded by

    nitin patil
    This document contains an employee's pay slip for Amol Appa Bhosale showing earnings of Rs. 3,91,200 including basic salary of Rs. 1,80,000, exemptions of Rs. 11,400, deductions of Rs. 52,500, and tax calculation showing total taxable income of Rs. 3,05,700 and net tax of Rs. 0. It also includes calculations for HRA exemption and income/loss from house property.

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    TaxComputation SYEDL PUN0157 2023 2024

    Uploaded by

    nitin patil
    32 views2 pages
    This document contains an employee's pay slip for Amol Appa Bhosale showing earnings of Rs. 3,91,200 including basic salary of Rs. 1,80,000, exemptions of Rs. 11,400, deductions of Rs. 52,500, and tax calculation showing total taxable income of Rs. 3,05,700 and net tax of Rs. 0. It also includes calculations for HRA exemption and income/loss from house property.

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    This document contains an employee's pay slip for Amol Appa Bhosale showing earnings of Rs. 3,91,200 including basic salary of Rs. 1,80,000, exemptions of Rs. 11,400, deductions of Rs. 52,500, and tax calculation showing total taxable income of Rs. 3,05,700 and net tax of Rs. 0. It also includes calculations for HRA exemption and income/loss from house property.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    32 views2 pages

    TaxComputation SYEDL PUN0157 2023 2024

    Uploaded by

    nitin patil
    This document contains an employee's pay slip for Amol Appa Bhosale showing earnings of Rs. 3,91,200 including basic salary of Rs. 1,80,000, exemptions of Rs. 11,400, deductions of Rs. 52,500, and tax calculation showing total taxable income of Rs. 3,05,700 and net tax of Rs. 0. It also includes calculations for HRA exemption and income/loss from house property.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    SHINRYO SUVIDHA ENGINEERS INDIA PRIVATE LIMITED

    101, NEW INDIA, INDUSTRIAL ESTATE, OFF MAHAKALICAVES ROAD,,ANDHERI EAST,


    MUMBAI MAHARASHTRA - 400093
    For the Period :01/04/2023 - 31/03/2024 Month :July-2023
    Employee Id :PUN0157 Employee Name :AMOL APPA BHOSALE
    Gender :Male Pan No :BVRPB1026Q
    Location :Pune TAN No. :MUMS03318A
    Amount till
    Particulars Projected Total
    date
    1. Earnings
    BASIC 60,000 1,20,000 1,80,000
    HRA 30,000 60,000 90,000
    Special Allowance 36,600 73,200 1,09,800
    Children Education Allowances 800 1,600 2,400
    Attire Allowance 3,000 6,000 9,000
    3,91,200
    2. Exemptions Under Section - 10
    Children Education Allowance 0 0 2,400
    Uniform Allowance 0 0 9,000
    11,400
    3. Deductions Under Section - 16
    Standard Deduction 0 0 50,000
    Professional Tax 0 0 2,500
    52,500
    4. Other Incomes
    Income from other sources 0 0 0
    0
    5. Deductions Under Chapter VI-A
    80C-Provident Fund 0 0 21,600
    21,600
    6. Tax Calculation
    Eligible Deductions under Chapter VIA 0 0 21,600
    Total Taxable Income 0 0 3,05,700
    Tax on total Income 0 0 2,785
    Less : Rebate u/s 87A 0 0 2,785
    Net Tax 0 0 0
    Surcharge on Tax Amount 0 0 0
    Health and education cess 0 0 0
    Annual Tax Liability 0 0 0
    Tax deducted by Prev Employer 0 0 0
    Tax Deducted till June-2023 0 0 0
    Tax Payable / Refundable 0 0 0
    Monthly Tax Payable 0 0 0
    Adhoc Tax Payable for the month 0 0 0
    Tax Deducted Outside 0 0 0
    Tax for July-2023 0 0 0
    Tax Deducted till July-2023 0

    7. HRA Exemption Computation


    HRA Paid to the Employee 0 0 0
    Rent paid by the Employee 0 0 0
    Rent Paid Less 10.00% of Basic Salary 0 0 0
    40.00% of Basic Salary 0 0 0

    8. Income/Loss from house property


    Interest on home loan(Self occupied) 0 0 0
    Income/loss from house property(Let
    0 0 0
    out)
    Eligible Income / Loss from house
    property(after considering max of Rs 2 0 0 0
    lakhs setoff)

    Tax Calculation Slabwise


    Tax Income Tax Income To
    Tax Rate (%) Taxable Amount Tax
    From Amt Amt
    1 2,50,000 0 2,50,000 0
    2,50,001 5,00,000 5 55,700 2,785
    TOTAL 3,05,700 2,785

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