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INCOME TAX - Akhila

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0% found this document useful (0 votes)
23 views29 pages

INCOME TAX - Akhila

yes

Uploaded by

nanubala1995
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 29

C.

Ramanjaneyulu Income Tax Software FY 2023-24 for AP Teachers & Employees

Employee & DDO Details Pay, Allowances & Dedections


Advance Tax Paid Amount
Employee Name M Manoj Kumar Basic Pay Mar - 2023
Designation Village Surveyor (Grade-II) Increment Month Mar-23
Employees PAN No. CFDPM1530F AAS Increment Apr-23 Q1
School/Office Grama Sachivalayam Promotion May-23
Working Place Bethayapalli Surrender leave (23-24) Jun-23
Mandal Gopavaram Half Pay Leave Jul-23 Q2
District YSR HRA on Mar - 2023 Aug-23
Treasury Id No. 1257177 Sep-23

If any Change
P.F/ C.P.S APGLI Mothly 1000 Oct-23 Q3
CPS Number GIS Monthly 30 Nov-23
APGLI No 14804346 LIC Salary Paid Monthly Dec-23
Employee Age EHS in Salary Deduction Jan-24 Q4
DDO Name G.Sreenivasulu HM Allowance Feb-24
Disignation Panchayat secretary CCA Recived Monthly Total 0
DDO Office & Place Grama Sachivalayam,Bethaya SCA / RA
Mandal Gopavaram Edu. Concession Bank Challan No
DDO PAN PP/SP/Addl. Inc. Date
DDO TAN PH Allowance Amount
Additional HRA
Vacation / Non Vacation EWF (Mar 2023) 20
HRA Under Taking SWF (Dec 2023) 50
Rented / Own House SL with Pay, DA, HRA
Select Regime Without DA in HRA Calc.
Health & Police Dept. Allowence

Savings & Deductions Amount Section


LIC Policies Premium - Yearly Any Arrears (AAS, Promotion etc.)
Principle Amount of Home Loan installments Pay CPS
Tution Fee for Two Children DA P.Tax
HRA Other
Other
Update IT Software Available at
www.teacherNews.in
Any Other Savings C.Ramanjaneyulu, S.A( P.S )
Please Don't Call School Hours 9160840947

Housing Loan Interest Sec 24

Loss or Income from House property select (U/s 24)


Housing loan interest Sec 80EEA Rent received during the Year
Muncipal Tax Paid
Other Sources Income
30% of Income as Maintenance 0
Loss from Housing Property 0

Old Regime Tax No Tax New Regime Tax No Tax You Select Any Regime Tax is Best

You Sho
House Rent 5670 Net Tax No Tax Total Saving 46004
O

DA & Other Arrears ( Exmption 10E) House Address for Rent Reciept
FY 2020-21 (Arrears) Taxble Income D.No. 4-1-782-5
FY 2019-20 (Arrears) Taxble Income Street/Area Kondareddy street
FY 2018-19 (Arrears ) Taxble Income Town/Village Badvel
FY 2017-18 (Arrears) Taxble Income Mandal Badvel
FY 2016-17 (Arrears) Taxble Income District YSR Kadapa
FY 2015-16 (Arrears) Taxble Income Owner Name PAN No xxxxxxxxx
FY 2021-22 (Arrears) Taxble Income
No Tax Relief
FY 2022-23 (Arrears) Taxble Income
Update IT Software Available at www.teacherNews.in

Every time work (Edit) with Copy Software Only from Orginal Software
Download Update Income Tax Software at www.teachernews.in
If You want to Update Softwares, Please Add My WhatsApp Number 9515586494 in Your WhatsApp Groups
You Should Submit Rent Receipt with
Out Owner PAN Number.
Month wise Income of M Manoj Kumar, Village Surveyor (Grade-II), Grama Sachivalayam, Bethayapalli, Gopavaram
(Mandal) for the year of 2023-24
Month & Risc SCA / Alowan Gross SWF/
EHS Salary Adavanc Total Net
Pay DA HRA EHCA PGDA PHA CCA CPS APGLI P.Tax GIS EWF/
Year Allow RA ces Total CMRF
Dedct. LIC e Tax Deduction Amount
Mar-23 22460 4496 2695 200 29851 2696 1000 200 15 20 225 0 4156 25695

Apr-23 22460 4496 2695 200 29851 2696 1000 200 15 225 0 4136 25715

May-23 22460 4496 2695 200 29851 2696 1000 200 15 225 0 4136 25715

Jun-23 22460 4496 2695 200 29851 2696 1000 200 15 225 0 4136 25715

Jul-23 23120 5260 2774 200 31354 2838 1000 200 15 50 225 0 4328 27026

Aug-23 23120 5260 2774 200 31354 2838 1000 200 15 225 0 4278 27076

Sep-23 23120 5260 2774 200 31354 2838 1000 200 15 225 0 4278 27076

Oct-23 23120 5260 2774 200 31354 2838 1000 200 15 225 0 4278 27076

Nov-23 23120 6101 2774 200 32195 2922 1000 200 15 225 0 4362 27833

Dec-23 23120 6101 2774 200 32195 2922 1000 200 15 225 0 4362 27833

Jan-24 23120 6101 2774 200 32195 2922 1000 200 15 225 0 4362 27833

Feb-24 23120 6101 2774 200 32195 2922 1000 200 15 225 0 4362 27833

Arrears 0 0 0 0 0 0 0

Arrears 0 0 0

Jul 2019 DA
0 0 0 0 0 0
Arrears

Promotion
Arrears

Grand Totals 274800 63428 32972 0 0 0 0 0 0 2400 373600 33824 12000 2400 180 70 2700 0 0 51174 322426

Signature of the DDO Signature of the Employee

Developed by: C.Ramanjaneyulu, S.A (P.S), www.teacherNews.in


Financial Year ANNEXURE - II Assessment Year
2023-24 INCOME TAX CALCULATION 2023-24 (Old Regime) 2024-25
Grama Sachivalayam,Bethayapalli , Gopavaram
Name M Manoj Kumar Office/ School:
(Mandal)
Designation Village Surveyor (Grade-II) Address: Grama Sachivalayam,Bethayapalli, Gopavaram ( M )
Whether living in Rented House PAN No : CFDPM1530F Treasury Id 1257177
1 Income from Gross Salary 373,600
Standard deduction Sec 16(ia) 50,000
323,600
2 HRA Exemption as per eligibility U/s 10(13-A) Rented House Rent @ 5670
a) Actual HRA received 32,972
Section
b) Actual House Rent paid by you minus 10% of your Salary 34,220 32,972
10(13-A)
c) 40% of Salary (Salary means Basic Pay+D.A) 135,292
290,628
3 Deductions from Salary Income
a) Conveyance Allowance Sec 10(14) (i) 40,800
b) Other Allowances 2,400 45,600
c) Profession Tax Sec 16 (iii) 2,400
245,028
4 Income from Other Sources
Income From other sources
Income from One house Property 33,824
NPS Management Share Add 80CCD -2 33,824
278,852
5 Income or Loss from House Property U/s 24 (vi)
Rent received during the Year -
Muncipal Tax Paid -
Loss From House Property Sec 24b 0
30% of Income as Maintenance -
Interest Paid on Housing loan -
278,852
6 Savings U/s 80C ( Limited to Rs.1,50,000 ) & Deductions
CPS APGLI GIS LIC Salary
Salary Savings
33824 12000 180 0
Stamp Duty and Registration Charges Birla Sun Life Insurance Bajaj Alliance life Insurance
(Pernoal)

46,004 46,004
Savings

0 0 0
SBI Life Insurance Lic Yearly House loan Instal Tution Fee Any Other Savings
0 0 0 0 0
Section Gross Qualify
Additional Benefit CPS Employees - - -
NPS Management Share Less 80CCD -2 33,824 33,824 33,824
EWF, SWF & CMRF 80G 70 70 70
National Pension Scheme (For Non CPS) -
Intrest on Saving Account ( Not Fixed Deposit ) -
Interest of Educational Loan -
2,700
Medical Insurance Self, Spouse & Children 80D 2,700
Medial Treatment for Dependent Disabled Person (Below 80% ) -
0 - -
-
Housing loan interest Sec 80EEA - -

7 Net Taxable Income (5-6) Rounded nearest 10 ruppes 196,250


8 Tax on Income 196250 - 250000 = Tax Rs. 0
a) Upto- 250000 Nil
b) -
c) -
d) -
e) -
f) -
9 Tax Rebate ( U/s 87 A) ( Rs. 12500/-upto Rs.5,00,000 Taxble Income ) -
10 Total Tax Payable (8-9) -
11 Cess 4% (Health 1% + Education 3% ) -
12 Total (10+11) -
13 Less Relief Under Section 89 (1) (Attatched details) -
Details of Adv.Tax Deductions
Q1 Mar to May-2023 0 Dec/23
-
Q2 Jun to Aug -2023 0 Q4 Jan/24
Q3 Sep to Nov-2023 0 Feb/24
14 Tax Pay in Bank (Challan No.) Date -
Net Tax to be Paid Now No Tax
Undertaking Certificate
This is to certify that I have paid an amount of Rs.68040 ( Sixty Eight Thousands and and Fourty only)
towards house rent year 2023 - 2024. (Rent 5670 per month X 12 months) )

Signature of the Drawing Officer Signature of the Employee

Prepared by: C.Ramanjaneyulu, S.A(P.S) www.teacherNews.in


FORM No. 16 - Old Regime
( Vide rule 31(1)(a) of Income Tax Rules, 1962 )
for Tax deducted at source from income chargeable under the head "salaries"
NAME AND ADDRESS OF THE EMPLOYER NAME AND DESIGNATION OF THE EMPLOYEE
Sri./Smt. G.Sreenivasulu M Manoj Kumar
Panchayat secretary Village Surveyor (Grade-II)
Grama Sachivalayam,Bethayapalli Grama Sachivalayam, Bethayapalli
Gopavaram ( Mandal) Gopavaram (Mandal)
PAN No. of Deductor TAN No. of Deductor PAN OF Employee Treasury Id. No.
CFDPM1530F 1257177
Acknowledgement Nos.of allquarterly statements of TDS under sub-section 200 as provided by TIN facilitation center or NSDL web-site
Quarter Acknowledgement No Amount Period Assessment
Q1 - Mar 2022 to May 2022 0 From To Year
Q2 - Jun 2022 to Aug 2022 0
Q3 - Sep 2022 to Nov 2022 135876 Apr-22 Mar-23 2023 -2024
Q4 - Dec 2022 to Feb 2023 0
DETAILS OF SALARY PAID AND ANY OTHER INCOME AND TAX DEDUCTED
1 Gross Salary
a) Salary as per provisions cotained in section 17 (1) Rs. 373,600
b) Value of percuisites under section 17(2) Rs. -
(As Per Form No. 12BA, Wherever applicable)
c) Profits in lieu of salary under section 17(3) Rs. -
(as per Form No. 12BA, Wherver applicable)
d) Total Rs. 373,600 Rs. 373,600
2 Reported Total amount of salary received Rs. 373,600
3 Less: Allowance to the extent exempted U/s 10
a) Travel concession or assistance under section 10(5) Rs.
b) Death-cum-retirement gratuity under section 10(10) Rs.
c) Commuted value of pension under section 10(10A) Rs.
d) Cash equivalent of leave salary encashment u/s 10(10AA) Rs.
e) PH Allowence / SCA / RA Rs. 40,800
f) House rent allowance under section 10(13A) Rs. 32,972
Total amount of exemption claimed u/s 3 (a+f) Rs. 73,772
4 Income under the Head Salaries (2-3) Rs. 299,828
5 Less: Standard deduction- u/s 16
Standard deduction under section 16(ia) 50,000
Entertainment allowance under section 16(ii) -
Tax on employment under section 16(iii) 2,400 Rs. 52,400
6 Net Income from Salary - 0 247,428
7 Any other income reported by the employee under as per section 192 (2B) 0
Income from One house Property - Rs. -
NPS Management Share 80CCD -2 33,824 Rs. -
Income or Loss from House Property U/s 24 (vi) - 0 Rs. 0
0 Rs. 278,852
8 Gross Total Income (6+7) Rs. 247,428
9 Deductions Under Chapter VI-A
A) UnderSection 80C,80CCC,80CCD,80CCF Gross Qualifying
a) Section 80C Amount Amount
80C CPS Rs. 33,824 Rs. 33,824
80C A.P.G.L.I Rs. 12,000 Rs. 12,000
80C G.I.S Rs. 360 Rs. 360
80C LIC Policies Premium - Yearly Rs. - Rs. -
80C SBI Life Insurance Rs. - Rs. -
80C 0 Rs. - Rs. -
80C 0 Rs. - Rs. -
80C 0 Rs. - Rs. -
80C Rs. - Rs. -
Rs. 46,184 Rs. -
Total Under Section 80C,80CCC,80CCD,80CC Rs. -
80CCG Rajiv Gandhi Equity Saving Scheem Rs. 0 0

Prepared by: C.Ramanjaneyulu, S.A(P.S), www.teacherNews.in


b) NPS U/s 80CCD 2(B)
Additional Benefit CPS Employees Rs. 0 0
NPS Management Share Rs. 278852 278852
Total Amount of Section a and b Rs. 0
B) Other Section Under Chapter VI A Gross Qualifying
( Under Section 80E, 80G, 80TTA, 80G, 80DD etc. ) Amount Amount
80G EWF , SWF & CMRF Rs. 70 70
Err:509 0 Rs. - -
0 0 Rs. - -
0 0 Rs. - -
Err:509 Err:509 Rs. - -
80D Employees Health Cards Premium in AP Rs. 2,700 2,700
Employees Contribution towards NPS U/s 80CCD (2) Rs. Err:508 Err:508
Total Under Sections 80G,80E,80DD etc….. Rs. Err:508
10 Aggregate of Deductible Amounts U/Chapter VIA (A+B)… Rs. Err:508

11 Net Taxable Income ( Column 8- Column 10) Rs. 196,250


Tax on Income Tax Rs. 0
a) Upto- 250000 Rs. Nil
b) Rs. -
c) Rs. -
d) Rs. -
e) Rs. -
f) Rs. -
g) Rs. -
12 TAX ON TOTAL INCOME Rs.
13 Tax Rebate Rs. 12500/-upto Rs.5,00,000 Taxble Income( U/s 87 A) Rs. -
14 TAX PAYBLE (12-13) Rs. -
15 Health Cess @ 1% + Education Cess @ 3% Rs. -
16 TAX PAYABLE (14+15) Rs. -
17 Less: (a) Tax deducted at source U/s 192(1) Rs.
(b)Tax Paid by the Employer on behalf of the Employee U/S 192 (1A) on perquisited U/S 17 (2) Rs. -
18 Less: Relief under section 89 (1) (attach details) Rs. -

19 0 Rs. No Tax
DETAILS OF TAX DEDUCTED AND DEPOSITED INTO CENTRAL GOVERNMENT ACCOUNT
( The employer is provide tranction - wise details of tax deducted and deposited )
Sl. TDS Surcharge Education Total Tax Cheque/DD BSR Code Date on Transfer
No. Rs. Rs. Cess Deposited No. (if any) of Bank Which Tax vocher/chalana
Rs. Rs. Branch Deposited Identification No
1
2
3
4
5
6
7
8
9
10
11
12

I Sri./Smt. G.Sreenivasulu working in the capacity of Panchayat secretary do hereby certify that sum of Rs. 0
Rupees in words ( Zero only has been deducted at source and paid to the credit of the central Government. I further
certify that the Informtion given above is true, complete and correct based on the books of account, documents and other
available records.

Sign--

Place: Grama Sachivalayam,Bethayapalli Signature of the person responsible for deduction of tax
Date: 13-Aug-2024 Full Name-- Sri./Smt. G.Sreenivasulu
Designation- Panchayat secretary

Prepared by: C.Ramanjaneyulu, S.A(P.S), www.teacherNews.in


FORM No. 16 - Old Regime
( Vide rule 31(1)(a) of Income Tax Rules, 1962 )
for Tax deducted at source from income chargeable under the head "salaries"
NAME AND ADDRESS OF THE EMPLOYER NAME AND DESIGNATION OF THE EMPLOYEE
Sri./Smt. G.Sreenivasulu M Manoj Kumar
Panchayat secretary Village Surveyor (Grade-II)
Grama Sachivalayam,Bethayapalli Grama Sachivalayam, Bethayapalli
Gopavaram ( Mandal) Gopavaram (Mandal)
PAN No. of Deductor TAN No. of Deductor PAN OF Employee Treasury Id. No.
CFDPM1530F 1257177
Acknowledgement Nos.of allquarterly statements of TDS under sub-section 200 as provided by TIN facilitation center or NSDL web-site
Acknowledge
Quarter Amount Period Assessment
ment No
Q1 - Mar 2023 to May 2023 0 From To Year
Q2 - Jun 2023 to Aug 2023 0
Q3 - Sep 2023 to Nov 2023 0 4/1/2023 3/31/2024 2024 -2025
Q4 - Dec 2023 to Feb 2024 0
DETAILS OF SALARY PAID AND ANY OTHER INCOME AND TAX DEDUCTED
1 Income from Gross Salary 373,600
Standard deduction Sec 16(ia) 50,000
323,600
2 HRA Exemption as per eligibility U/s 10(13-A Rented House Rent @ 5670
a) Actual HRA received 32,972
Section
b) Actual House Rent paid by you minus 10% of your Salary 34,220 32,972
10(13-A)
c) 40% of Salary (Salary means Basic Pay+D.A) 135,292
290,628
3 Deductions from Salary Income
a) Conveyance Allowance Sec 10(14) (i) 40,800
b) Other Allowances 2,400 45,600
c) Profession Tax Sec 16 (iii) 2,400
245,028
4 Income from Other Sources
Income From other sources
Income from One house Property 33,824
NPS Management Share Add 80CCD -2 33,824
278,852
5 Income or Loss from House Property U/s 24 (vi)
Rent received during the Year -
Muncipal Tax Paid -
Loss From House Property Sec 24b 0
30% of Income as Maintenance -
Interest Paid on Housing loan -
278,852
6 Savings U/s 80C ( Limited to Rs.1,50,000 ) & Deductions
CPS APGLI GIS LIC Salary
Salary Savings
33824 12000 180 0

Stamp Duty and Registration Char Birla Sun Life Insurance Bajaj Alliance life Insurance 46,004 46,004
(Pernoal)
Savings

0 0 0
SBI Life Insurance Lic Yearly House loan Instal Tution Fee Any Other Savings
0 0 0 0 0
Ssection Gross Qualify
Additional Benefit CPS Employees - - -
NPS Management Share Less 80CCD -2 33,824 33,824 33,824
EWF, SWF & CMRF 80G 70 70 70
National Pension Scheme (For Non CPS) -
Intrest on Saving Account ( Not Fixed Deposit ) -
Interest of Educational Loan -
Medical Insurance Self, Spouse & Children 80D 2,700
2,700
Medial Treatment for Dependent Disabled Person (Below 80% ) -
-
- -
0 - -
Housing loan interest Sec 80EEA 0 - -
Net Taxable Income (5-6) Rounded Nearest 10 Ruppes 196,250
8 Tax on Income 196250 - 250000 = Tax Rs. 0
a) Upto- 250000 Nil
b) -
c) -
d) -
e) -
f) -
g) -

9 Tax Rebate ( U/s 87 A) ( Rs. 12500/-upto Rs.5,00,000 Taxble Income ) -


10 Total Tax Payable (8-9) -
11 Cess (Health 1% + Education 3% ) -
12 Total (10+11) -
13 Less Relief Under Section 89 (1) (Attatched details) -

Details of Adv.Tax Deductions


Q1 Mar to May-2023 0 Dec/23
Q2 Jun to Aug -2023 0 Q4 Jan/24 -
Q3 Sep to Nov-2023 0 Feb/24
14 Tax Pay in Bank (Challan No.) Date -
Net Tax to be Paid Now No Tax

DETAILS OF TAX DEDUCTED AND DEPOSITED INTO CENTRAL GOVERNMENT ACCOUNT


( The employer is provide tranction - wise details of tax deducted and deposited )

Sl. TDS Surcharge Education Total Tax Cheque/DD BSR Code Date on Transfer
No. Rs. Rs. Cess Deposited No. (if any) of Bank Which Tax vocher/chalana
Rs. Rs. Branch Deposited Identification No
1
2
3
4
5
6
7
8
9
10
11
12

I Sri./Smt. G.Sreenivasulu working in the capacity of Panchayat secretary do hereby certify that sum of
Rs. 0 Rupees in words ( Zero only has been deducted at source and paid to the credit of the central
Government. I further certify that the Informtion given above is true, complete and correct based on the books
of account, documents and other available records.

Sign--

Place: Grama Sachivalayam,Bethayapalli Signature of the person responsible for deduction of tax
Date: 13-Aug-2024 Full Name-- Sri./Smt. G.Sreenivasulu
Designation- Panchayat secretary

Prepared by: C.Ramanjaneyulu, S.A(P.S), www.teacherNews.in


INCOME TAX RULES,1962
Form 12 BB (Sec Rule 26c)

Statement showing particulars of claims by an employee for deduction of tax under section 192

1 Name and address of the Employee : M Manoj Kumar, Grama Sachivalayam, Bethayapalli
2 Permanent Account Number of the Employee : CFDPM1530F
3 Financial year 2023-24 Designation : Village Surveyor (Grade-II)

Details of claims and Evidence thereof


S.No Nature of Claim Amount (Rs) Evidence / Particulars
1 House Rent Allowence:
1) Rent paid to the landlord 5670 x12 68,040 Receipt Produced
2) Name of the landlord
3) Address of the landlord
4) PAN number of the landlord
2 Leave travel concession or assistance
3 Deduction of interest on borrowing
1) Interest payable/paid to the lender
2) Name of the lender
3) Address of the lender
4) PAN number of the lender
a) Financial institutions (if available)
b) Employer (if available)
c) Others
4 Deduction under Chapter VI-A
A) Section 80C,80CC, 80CCC and 80CCD
a) CPS 33,824 Salary deduction
b) APGLI 12,000 Salary deduction
c) GIS 180 Salary deduction
d) LIC Salary 0
e) LIC Policies Premium - Yearly 0
80C

f) Principle Amount of Home Loan installments 0


g) Tution Fee for Two Children 0
h) Stamp Duty and Registration Charges 0
i) Birla Sun Life Insurance 0
j) Bajaj Alliance life Insurance 0
k) Any Other Savings 0
Total of ( 80C,80CCC,80CCD,80CCF ) 46,004
80G EWF, SWF & CMRF 70 Salary deduction
B) Other Sections (80E,80G,80TTA)ChapterVI-A
i) National Pension Scheme (For Non CPS) 0
ii) Intrest on Saving Account ( Not Fixed Deposit ) 0
iii) Interest of Educational Loan 0
iv) 80D Medical Insurance Self, Spouse & Children 2,700 Receipt Added
v) Medial Treatment for Dependent Disabled Person (Below 80% ) 0
vi) 0
vii) 0
viii) 0 0
ix) 0 Housing loan interest Sec 80EEA 0
Verification
I, M Manoj Kumar son/daughter of
do hereby certify that the information given is above is complete and correct

Place
Date Signature of the Employee
RECEIPT OF HOUSE RENT
(Under Section 1 (13-A) of Income Tax Act )

Received a sum of House Rent 12 months amount


from M Manoj Kumar (Tenant) Rs. 68,040
Amount in words Sixty Eight Thousands and and Fourty only

towards the rent @ 5670 Per Month during the financial year
in respect of House No: 4-1-782-5, Kondareddy street, Badvel, Badvel (Mandal), YSR Kadapa
(Dt.).

Owner's and Address :

Name: P.Kondareddy
Address: 4-1-782-5
Kondareddy Street,Badvel

PAN No:

(Affix Revenue
Stamp of
Rs.1/-)

Signature of the Tenant Signature of the House Owner


FORM NO.10E
[ See rule 21AA ]
1 Name and address of the Employee M Manoj Kumar, Village Surveyor (Grade-II), Grama
Sachivalayam , Bethayapalli, Gopavaram (Mandal)

2 Permanent Account Number CFDPM1530F


3 Residential Status Resident

Particulars of income referred to in rule 21A of the Income Tax rules, 1962, during
the previous year relevent to Assessment year 2023 - 2024
1 a. Salary received in arrears or in advance in accordance with the Rs. 0
provisions of sub-rule (2) of rule 21A

b. Pament in the nature of gratuity in respect of past services, Rs. Not Applicable
extending over a period of not less than 5 years in accordance with
the provisions of sub-rule (3) of rule 21A

c. Payment in the nature of compensation from the employer or Rs. Not Applicable
former employer at or in connection with termination of
employment after continuous service of not less than 3 years or
where the unexpired portion of term of employment is also not less
than 3 years in accordancewith the provisions of sub rule (4) of the
21A

d. Payment in commutation of pension in accordance with the Rs. Not Applicable


provisions of sub-rule (5) of rule 21A

2 Detailed particulars of payments refered to above may be given in Annexure-I


Annexure-I, II, IIA, III, or IV, as the case may be

Signature of the employee

Verification

I M Manoj Kumar do here by declare that what is stated above is true to the best of my knowledge
and belief.

Verified today : 13-Aug-2024

Place : Grama Sachivalayam,Bethayapalli


Date : 13-Aug-2024 Signature of the employee
Annexure-I
(See item 2 of Form No. 10E)
ARREARS OR ADVANCE SALARY
1 Total income (excluding salary received in arrars or advance) Rs. 196,250
2 Salary received in arrears or advance Rs. 0
3 Total income (as increased by salary received in arrears or advance) Rs. 196,250
4 Tax on total income (as per item 3) Rs. 0
5 Tax on total income (as per item 1) Rs. 0
6 Tax on salary received in arrears or advance Rs. 0
(Difference of item 4 and item 5)
7 Tax computed in accordance with table "A" Rs. 0
(Brought from column 7 of Table "A")
Relief under section 89(1) [Indicate the difference between the amounts
8 Rs. 0
mentioned against items 6 and 7]

TABLE "A"
{See item 7 of Annexure I}
Previous Total income of Salary received Total income (as Tax on total Tax on total Difference in tax
Year(s) the relevent in arrears or increased by income {as per income {as {amount under
previous year advance salary received column (2)} per column column (6) minus
(Rs.) relating to the in arrears or (Rs.) (4)} (Rs.) amount under
previous year as advance) of the column (5)} (Rs.)
mentioned in relevent
column(1) (Rs) previous year
mentioned in
column 1 (Rs.)

1 2 3 4 5 6 7

2022-23 0 0 0 0 0 0

2021-22 0 0 0 0 0 0

2020-21 0 0 0 0 0 0

2019-20 0 0 0 0 0 0

2018-19 0 0 0 0 0 0

2017-18 0 0 0 0 0 0

2016-17 0 0 0 0 0 0

2015-16 0 0 0 0 0 0

Total 0 0 0 0 0 0

Signature :
Place : Name :
Designation:
Date: 13-Aug-2024 Department:
Income Tax Deductions FY 2023-24
Home Loan Tax Benefit Summary
Deductions Section Maximum Deduction Conditions

Principal 80C 1.5 Lakh House property should not be sold within 5 years

The loan must be taken for the purchase/construc


Interest 24b 2 Lakh the construction must be completed within 5 year
financial year in which the loan was taken.

The amount of loan taken should be Rs 35 lakh or


Interest 80EE Rs.50,000 property’s value does not exceed Rs 50 lakh. The h
taken between 1st April 2016 to 31st March 2017.

Stamp Duty 80C 1.5 Lakh It can be claimed only in the year these expenses a

The stamp value of the property should be Rs.45 la


Interest 80EEA 1.5 Lakh taxpayer is not eligible to claim a deduction under
home loan should be taken between 1 April 2019 t

Section 80D – Deduction on Medical Insurance Premi


Deduction for self &
Policy for? Deduction for parents
family

Self & Family


25,000 -
(below 60 years)

Self & Family + Parents


25,000 25,000
(all of them below 60 years)

Self & Family (below 60 years)


25,000 50,000
+ Parents (above 60 years)

Self & Family + Parents


50,000 50,000
(all of them above 60 years)

Section 80DD – Deduction for Medical Treatment of a Dependent with D


Disability Level of Disability
Normal Disability 40% - 79%

Severe Disability 80% or More

Section 80DDB – Deduction for Medical Treatment


Age Amount of deduction
Below 60 years Amount paid or 40,000, whichever is less
60 and above Amount paid or 1,00,000, whichever is less

Section 80CCD Deduction of Income Tax


Section Particulars
Employee contributions to National Pension Scheme (NPS) or
80 CCD (1) Atal Pension Yojana up to 10% of salary + dearness allowance
(DA)

Employer contributions to National Pension Scheme (NPS) or Atal


80 CCD (2)
Pension Yojana

Self-contributions to National Pension Scheme (NPS) and Atal


80 CCD (1B)
Pension Yojana above the Section 80 CCD (1) limit

Section 80TTA & 80TTB Deduction of Income Tax


Section Deduction Description

80TTA Savings account interest Interest earned from savings accounts

80TTB Senior citizens interest income Interest income from deposits for senior citizens

Section 80U – Deduction for Disabled Individuals


Disability Level of Disability

Normal Disability 40% - 79%

Severe Disability 80% or more

Section 80E – Deduction for Education Loan Interest


Section Deduction on

80E Interest on education loan


Section 80EEB – Deduction for Electric Vehicle Loan Intere
Section Deduction on

80EEB 1 January 2019 from 31 March 2023


ns FY 2023-24
efit Summary
Conditions

rty should not be sold within 5 years of possession.

t be taken for the purchase/construction of a house, and


ion must be completed within 5 years from the end of the
in which the loan was taken.

of loan taken should be Rs 35 lakh or less, and the


lue does not exceed Rs 50 lakh. The home loan should be
n 1st April 2016 to 31st March 2017.

med only in the year these expenses are incurred.

lue of the property should be Rs.45 lakh or less. The


ot eligible to claim a deduction under Section 80EE. The
ould be taken between 1 April 2019 to 31 March 2022.

dical Insurance Premium


Preventive Health
Maximum Deduction
check-up

5,000 25,000

5,000 50,000

5,000 75,000

5,000 100,000

ment of a Dependent with Disability


Amount of Deduction
Rs 75,000

Rs 1,25,000

or Medical Treatment
Amount of deduction
aid or 40,000, whichever is less
aid or 1,00,000, whichever is less

n of Income Tax
Maximum Deduction Value (in Rs.)

Up to Rs1,50,000

Up to 10% of Basic Pay + Dearness

Up to Rs.50,000

uction of Income Tax


Description Maximum Limit

ed from savings accounts Rs. 10,000

me from deposits for senior citizens Rs. 50,000

Disabled Individuals
Amount of Deduction

Rs 75,000

Rs 1,25,000

ducation Loan Interest


Allowed Limit

Interest paid for a period of 8 years (No limit)


ctric Vehicle Loan Interest
Allowed Limit

Rs.1,50,000

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