ALLGOVISION TECHNOLOGIES PRIVATE LIMITED

#55, Nomads, 3rd Floor, Double Road Near ESI Hospital, Indiranagar Bangalore North KA 560038 IN
Income Tax Computation For The Financial Year 2024-2025
Statement as of Nov 2024

Employee No.: 139 Name: Joel Jose Location: Bangalore

Date of Join: 23-Nov-2022 Gender : Male Date of Leaving: Residential Status :

PAN No. : COLPJ0457H Date of Birth : 19-Jul-1994 Age : 30 years and 5 months Tax Regime: NEW

A) Taxable Income
(i) Monthly Income
Pay Items Total Apr 2024 May 2024 Jun 2024 July 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Dec 2024 Jan 2025 Feb 2025 Mar 2025
BASIC 270,264.00 22,522.00 22,522.00 22,522.00 22,522.00 22,522.00 22,522.00 22,522.00 22,522.00 22,522.00 22,522.00 22,522.00 22,522.00
HRA 108,108.00 9,009.00 9,009.00 9,009.00 9,009.00 9,009.00 9,009.00 9,009.00 9,009.00 9,009.00 9,009.00 9,009.00 9,009.00
LTA 50,004.00 4,167.00 4,167.00 4,167.00 4,167.00 4,167.00 4,167.00 4,167.00 4,167.00 4,167.00 4,167.00 4,167.00 4,167.00
SPECIAL ALLOWANCE 358,188.00 29,849.00 29,849.00 29,849.00 29,849.00 29,849.00 29,849.00 29,849.00 29,849.00 29,849.00 29,849.00 29,849.00 29,849.00
Total 786,564.00 65,547.00 65,547.00 65,547.00 65,547.00 65,547.00 65,547.00 65,547.00 65,547.00 65,547.00 65,547.00 65,547.00 65,547.00

B) Deduction
Pay Items Total Apr 2024 May 2024 Jun 2024 Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Dec 2024 Jan 2025 Feb 2025 Mar 2025
PF 32,436.00 2,703.00 2,703.00 2,703.00 2,703.00 2,703.00 2,703.00 2,703.00 2,703.00 2,703.00 2,703.00 2,703.00 2,703.00
PROF TAX 2,400.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00
INCOME TAX 10,719.00 2,484.00 2,483.00 2,484.00 2,483.00 262.00 261.00 262.00 0.00 0.00 0.00 0.00 0.00
Total 45,555.00 5,387.00 5,386.00 5,387.00 5,386.00 3,165.00 3,164.00 3,165.00 2,903.00 2,903.00 2,903.00 2,903.00 2,903.00

C) Perquisites
Pay Items Total Apr 2024 May 2024 Jun 2024 July 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Dec 2024 Jan 2025 Feb 2025 Mar 2025
Total

D) Gross Salary (A+C) ................................................................................. 786,564.00

E) Less exemption under Section 10

Monthly Rent
Month Metro / Non- Rent Paid HRA Basic DA 40 / 50 % Rent paid - HRA
metro Received of Basic DA 10% of Exemption
Basic
Apr 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
May 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
Jun 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
Jul 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
Aug 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
Sep 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
Oct 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
Nov 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
Dec 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
Jan 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
Feb 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
Mar 40.00 0.00 9,009.00 22,522.00 9,009.00 0.00 0.00
Total 0.00 108,108.00 270,264.00 108,108.00 0.00 0.00
Item Exemption
House Rent Allowance : Section 10(13A) 0.00
Leave Travel Assistance : Sec. 10(5) 0.00
ACUTAL TELEPHONE EXEMPTION 0.00
EDUCATION EXEMPT 0.00
FUEL EXEMPT 0.00
GRATUITY EXEMPTION 0.00
TELEPHONE EXEMPT 0.00
TELEPHONE EXEMPT WRITEBACK 0.00
Total Exemptions 0.00

Created on: Jan 2, 2025 3:37 PM Page 2 of 4

F ) Income from Previous employer
Pay Items Amount

Total Income 0.00

Income Tax 0.00
Professional Tax 0.00
Provident Fund 0.00
Employer NPS Deduction 0.00

G) Income after exemption ( D - E + F ) ........................................... 786,564.00

H) Less Deduction under Section 16 ............................................. 75,000.00

Sl.No. Description Amount

(i) Tax on Employment : Sec 16(iii) 0.00
(ii) Standard Deduction : Sec 16(ia) 75,000.00

I) Income chargeable under the head salaries (G - H) .............. 711,564.00

J) Add any other income declared by the employee (a+b) ........... 0.00

(a) Other Income

Description Amount
Sub Total
(b) Income/Loss from house property [ (i) + (ii) ]......................... 0.00

(i) Interest on housing loan (Self occupied)....................... 0.00

(ii) Income/Loss from letout property

Property No Annual Rent Municipal Unrealized Rent Net Annual Standard Interest on Income/Loss(5- Contribution Considered Amount
Recieved Taxes Value(2-(3+4)) Deduction housing loan (6+7)) Rate
@30%
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
Total :

K) Gross Total Income (I + J) .......................................................... 711,564.00

L) Deduction under chapter VI A ................................................... 0.00

Investment Section Gross Qualifying Deductible

PF 80C 32,436.00 0.00 0.00
Sub Total 32,436.00 0.00 0.00

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M) Taxable Income ................................................................................. 711,564.00
N) i) Calculated Income Tax........................................................................ 21,156.00
ii) Less Rebate u/s 87A ........................................................................ 9,592.00
Total Tax to be Paid ........................................................................... 12,027.00

Income Tax Surcharge Health & Edu. Total

Cess
11,564.00 0.00 463.00 12,027.00

O) Tax Paid Till Date ................................................................................... 10,719.00

Income Tax Surcharge Health & Edu. Total

Cess
Deduction Through Payroll 10,307.00 0.00 412.00 10,719.00
Direct TDS 0.00 0.00 0.00 0.00
Previous Employment 0.00 0.00 0.00 0.00
Total 10,307.00 0.00 412.00 10,719.00

P) Relief Under Section 89 .............................................................................. 0.00

Income Tax Surcharge Health & Edu. Cess Total

0.00 0.00 0.00 0.00

Q) Annual Tax Balance ................................................................................. 1,308.00

Income Tax Surcharge Health & Edu. Cess Total

1,257.00 0.00 51.00 1,308.00

R) TDS Recovered in current month .......................................................... 261.00

i) Monthly tax
Income Tax Surcharge Health & Edu. Total
Cess
251.00 0.00 10.00 261.00

S) Balance Payable (in 4 Installments) - Income Tax 1,047.00

@Rate of Rs. 261.75 per month from Dec 2024

Created on: Jan 2, 2025 3:37 PM Page 4 of 4