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    Itc 2024 Aug

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    Shahid
    Itc seet

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    Itc 2024 Aug

    Uploaded by

    Shahid
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    Itc seet

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    ITC_2024_AUG

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    Itc seet

    Copyright:

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

    Itc 2024 Aug

    Uploaded by

    Shahid
    Itc seet

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    TeamLease Services Limited


    315 Work Avenue Campus, Ascent Building , # 77,Koramangala Industrial Layout, Jyothi Nivas
    College Road, Koramangala , Bangalore-560095.
    Income Tax Computation for the Financial Year 2024-2025

    Employee SHAHID SHAH - 3317218 Date of Joining 22 Apr 2024


    Pan No. MJAPS9395F Gender M
    Tan No. BLRT14815D Tax Regime New

    A) Taxable Income
    Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb Mar
    Pay Items 2024 2024 2024 2024 2024 2024 2024 2024 2024 2025 2025 2025
    Total
    (i) Monthly Income
    BASIC 0.00 17,413.00 19,279.00 19,279.00 19,279.00 19,279.00 19,279.00 19,279.00 19,279.00 19,279.00 19,279.00 19,279.00 210,203.00
    HOUSE RENT 0.00 194.00 215.00 215.00 215.00 215.00 215.00 215.00 215.00 215.00 215.00 215.00 2,344.00
    ALLOWANC E
    STATUTORY 0.00 1,451.00 1,606.00 1,606.00 1,606.00 1,606.00 1,606.00 1,606.00 1,606.00 1,606.00 1,606.00 1,606.00 17,511.00
    BONUS
    ARREAR BASIC 0.00 5,784.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5,784.00
    ARREAR HOUSE
    RENT 0.00 65.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 65.00
    ALLOWANC E
    ARREAR
    STATUTORY 0.00 482.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 482.00
    BONUS
    Total 0.00 25,389.00 21,100.00 21,100.00 21,100.00 21,100.00 21,100.00 21,100.00 21,100.00 21,100.00 21,100.00 21,100.00 236,389.00
    Sub Total 236,389.00
    B) Other Items
    Income Tax

    C) Perquisites 0.00

    D) Gross Salary (A+C) 236,389.00

    E) Less Exemption Under Section 10


    House Rent Allowance : Sec.10(13A) 0.00
    Total Rent Paid p.a 0.00
    HRA Received 0
    40% of Salary 0
    Rent paid >10% of Salary 0.00
    Leave Travel Assistance : Sec. 10(5) 0.00
    Petrol Reimbursement : Sec. 10 0.00
    Driver Reimbursement : Sec. 10 0.00
    Telephone Reimbursement : Sec. 10 0.00
    Books And Periodicals Reimbursement : Sec. 10 0.00
    Education Reimbursement : Sec. 10 0.00
    Vehicle Maintenance and Run Exp Reimbursement : Sec. 0.00
    10
    Leave Encashment: Sec. 10 0.00
    Gratuity : Sec. 10 0.00
    Total Exemption 0.00

    F) Income from previous employer


    Total Income 0.00
    Income Tax Deducted by Previous Employer 0.00

    G) Income after exemption (D-E+F) 236,389.00

    H) Less Deduction under Section 16


    Tax on Employment : Sec 16(iii) 0.00
    Standard Deduction 50000
    Sub Total 50,000.00

    I) Income chargeable under the head salaries (G - H) 186,389.00


    J) Add any other income declared by the employee 0.00

    K) Interest paid for House Loan 0.00

    L) Gross Total Income (I + J - K) 186,389.00

    M) Deductions under section 80C


    Investment Section Gross Qualifying Deductible
    PF 80C 0.00 0.00 0.00
    Sub Total 0.00 0.00 0.00

    N) Deductions under chapter VIA


    Details Section Gross Qualifying Deductible
    Sub Total 0.00 0.00 0.00

    O) Taxable Income 186,389.00

    P) Round off to nearest 10 rupees 186,390.00

    Q) Total Tax to be Paid


    Actual Tax Tax Rebate Tax Surcharge Edu. C ess Total
    0.00 0.00 0.00 0.00 0.00 0.00

    R) Paid Till Date


    Tax Surcharge Edu. C ess Total
    Deduction Through Payroll 0.00 0.00 0.00 0.00
    Direct TDS 0.00 0.00 0.00 0.00
    Previous Employment 0.00 0.00 0.00 0.00
    Total 0.00 0.00 0.00 0.00

    S) Balance Tax 0.00 0.00 0.00 0.00


    Payable

    T) Monthly Tax to be 0.00 0.00 0.00 0.00


    paid

    U) Balance Payable (in 10 Installments) - Income Tax 0.00


    @ Rs.0/- p.m. From June 2024

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