Income Tax Calulator With Computation of Income

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Transcript of Income Tax Calulator With Computation of Income

Page 1: Income Tax Calulator With Computation of Income

Name :Father's Name :

Address: Select Status H - HUF

Select Category GENERALSELECT WARD ITO WARD 27(3)

STATEMENT OF TOTAL INCOMESOURCES OF INCOME

1 INCOME FROM SALARY

2 INCOME FROM HOUSE PROPERTY

3 INCOME FROM BUSINESS/PROFESSION

4 CAPITAL GAIN ( Long Term + Short Term)

5 INCOME FROM OTHER SOURCES

GROSS TOTAL INCOME

6

TOTAL TAXABLE INCOME

7 TOTAL TAXABLE INCOME ROUNDED OFF

8 LESS: REBATE UNDER CHAPTER VIIIA & VIIIB

TAX PAYABLEADD:SURCHARGE ADD:EDUCATION CESS @ 2%ADD:SECENDORY & HIGHER EDUCATION CESS @ 1%

9 TOTAL TAX PAYABLE10 LESS: RELIEF U/S-89/90/90A/91

TAX AFTER RELIEF

11 LESS: TAX DEDUCTED AT SOURCE ON SALARY ON HOUSE PROPERTY INCOME ON BUSINESS/PROFESSIONAL INCOME ON CAPITAL GAINS ON OTHER SOURCE INCOME

12 LESS: TCS

13 LESS:ADVANCE TAX PAIDNET TAX PAYABLE BEFORE INTEREST

LESS: DEDUCTIONS UNDER CHAPTER VIA(u/s 80D + u/s80C ,80CCC, 80CCD

INCOME TAX at NORMAL RATE + SPECIAL RATE ON SHORT TERM

Capital Gains

TAX DEDUCTED AT SOURCE

Page 2: Income Tax Calulator With Computation of Income

14 ADD: INTEREST U/s234A234B234C

15 TAX PAYABLE

16 SELF TAX PAID

17 NET TAX PAYABLE / (REFUNDABLE)

Date 10/18/2008

Place New Delhi

B47
Making ITR Return on the Date
Page 3: Income Tax Calulator With Computation of Income

Asst Year : 2008-2009

DUE DATE July 31, 2008

PREV YEAR 2007-2008PAN NO. AAAAA2222R

D.O.B / D.O.F 10/01/1999

Year Ending 3/31/2008

STATEMENT OF TOTAL INCOMEDetails Amount(Rs)

INCOME FROM SALARY 100,000 INCOME FROM HOUSE PROPERTY

INCOME FROM BUSINESS/PROFESSION 105,000

CAPITAL GAIN ( Long Term + Short Term) 2,300 INCOME FROM OTHER SOURCES

GROSS TOTAL INCOME 207,300

-

TOTAL TAXABLE INCOME 207,300

TOTAL TAXABLE INCOME ROUNDED OFF 207,300

15,130

-

TAX PAYABLE 15,130 205,000 ADD:SURCHARGE - ADD:EDUCATION CESS @ 2% 300 U/s 234C

ADD:SECENDORY & HIGHER EDUCATION CESS @ 1% 150 15 Sept. 30% 15 Dec. 60% 15 March. 100%

TOTAL TAX PAYABLE 15,580 Eligible Tax 15,500

- 4,650 9,300 15,500

TAX AFTER RELIEF 15,580 Advance Tax

0 0 0

NIL 4,650 9,300 15,500

NIL Rate 1%

NIL Delay 3

NIL Interest

NIL - 140 279 465

- Total Interest of U/s 234C 884

NIL NIL NET TAX PAYABLE BEFORE INTEREST 15,580 u/s 234A U/s 234B

u/s80C ,80CCC, 80CCD

SPECIAL RATE ON SHORT TERM

Deductions

Capital Gains

TAX DEDUCTED AT SOURCE

INSTRUCTIONS

REGISTER SOFT

ABOUT

NSC INTEREST CALCULATION

E4
Pan No In Capital Latter
E5
DoB Fill from Calender
E6
TLP: Donot change the date format dd/mm/yyy
E13
Fill Details Click on Botton
G29
Short Fall Tax
D35
Fill Advance tax Details in Cell G28:I28
Page 4: Income Tax Calulator With Computation of Income

Rate of Interest Rate of Interest467 1% 1%

1091 Number of Months Delay Months Delay

884 2,440 3 7 TAX PAYABLE 18,020 Interest Interest

SELF TAX PAID 467 1091NET TAX PAYABLE / (REFUNDABLE) 18,020

ASSESSEE

Page 5: Income Tax Calulator With Computation of Income
Page 6: Income Tax Calulator With Computation of Income

Capital Gains Tax CalculationFinancial Year Start: ### Financial Year End: ###

Scrip Name NosPurchase Selling

Gains TaxPrice Date Price Date

RPL 100 75.00 2-May-2006 85.00 2-May-2007 1,000 LT 0% - MTNL 150 89.00 2-Apr-2008 101.00 2-Feb-2008 1,800 ST 10% 180 VSNL 100 50.00 5-Nov-2008 45.00 -500 ST 10% (50)

0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% - 0 LT 0% -

Total Accrued Tax 2300 1302008-2009, Sanjay Kumar ([email protected])

LT/ST

TaxRate

Page 7: Income Tax Calulator With Computation of Income

Salary TDS Details

TAN Address of the employer Town/City State

House Property TDS Details

TAN Town/City State PinCode

Business Profession TDS Details

TAN Town/City State PinCode

Name of the employer

Name of the Deductor

Address of the Deductor

Name of the Deductor

Address of the Deductor

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Capital Gains TDS Details

TAN Town/City State PinCode

Other Source TDS Details

TAN Town/City State PinCode

Name of the Deductor

Address of the Deductor

Name of the Deductor

Address of the Deductor

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Salary TDS Details

PinCode Total Salary Total tax deposited

- -

House Property TDS Details

Amount Paid Total tax deposited Head of Income

House Property

House Property

House Property

House Property

House Property

House Property

- -

Business Profession TDS Details

Amount Paid Total tax deposited Head of Income

Business Profession

0 0

Tax Payable Including surcharge

& Cess

Tax payable / refundable

Date of Payment/Credit

Amount to be allowed as credited during thr

year

Date of Payment/Credit

Amount to be allowed as credited during thr

year

BACK

Page 10: Income Tax Calulator With Computation of Income

Capital Gains TDS Details

Amount Paid Total tax deposited Head of Income

Capital Gains

Capital GainsCapital Gains

Capital GainsCapital Gains

Capital GainsCapital GainsCapital GainsCapital Gains

0 -

Other Source TDS Details

Amount Paid Total tax deposited Head of Income

Other SourcesOther SourcesOther SourcesOther SourcesOther SourcesOther SourcesOther Sources

0 0

Date of Payment/Credit

Amount to be allowed as credited during thr

year

Date of Payment/Credit

Amount to be allowed as credited during thr

year

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Deductions under chapter VI-A AmountsLess: Deduction u/s 80 D

- - Less: Deduction u/s 80 C/80CCC/80CCD

Provident Fund Contribution (PF) - Previous EmployerProvident Fund Contribution (PF) Insurance Premium (LIC)Public Provident Fund Contribution (PPF)National Savings Certificates (NSC)Repayment of Housing Loan - Principal AmountTuition Fees (subject to maximum of 2 child)Unit Linked Insurance Plan (ULIP)Contribution to Pension Fund Annuity Plan of LICFixed Deposit with Bank (Eligible for Tax Deduction)Deposit under Senior Citizens Saving Scheme Rules, 2004Time Deposits under P.O. time Deposit Rules, 1981Contribution to Mutual Fund Equity Linked Savings Scheme (ELSS)

Net qualifiying amount (subject to maximum Rs. 1 Lac) - 0 -

100,000 -

Medical Insurance Premium (Mediclaim) Deduction restricted Rs. 15,000/- (Additional Rs.15,000/- if paid for SC Parents)& for Senior citizen Rs. 20,000/-

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NSC INTEREST CALCULATOR

GRAND TOTAL â 6,295 6,912 7,585 8,327 9,148 10,042 48,308

Investd Amount DuringYEARS

Total1 2 3 4 5 6

1 Purchased on 15-01-00 to 28-02-2001 5,000 565 629 700 779 868 966 4,506 2 Purchased on 15-01-00 to 28-02-2001 10,000 1,130 1,258 1,400 1,558 1,735 1,931 9,012 3 Purchased after 28-02-2002 50,000 4,600 5,025 5,485 5,990 6,545 7,145 34,790 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11 - 12 - 13 - 14 - 15 - 16 - 17 - 18 - 19 - 20 - 21 - 22 - 23 - 24 -

S.No.

Invested Amount in Rs.

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25 -

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Invested in 1st Yr. 2nd Yr. 3rd Yr. 4th Yr. 5th Yr. 6th Yr.

Purchased from 31-03-89 to 31-12-98 12.4 13.9 15.6 17.5 19.7 22.4

Purchased after 31-12-98 11.83 13.23 14.8 16.54 18.51 20.69

Purchased on 15-01-00 to 28-02-2001 11.3 12.58 14 15.58 17.35 19.31

Purchased after 28-02-2001 9.72 10.67 11.71 12.85 14.1 15.47

Purchased after 28-02-2002 9.2 10.05 10.97 11.98 13.09 14.29

Purchased after 28-02-2003 8.16 8.83 9.55 10.33 11.17 12.08

BACK

Page 15: Income Tax Calulator With Computation of Income

Name : - Asst Year : 2009-2010

Father's Name : - DUE DATE July 31, 2009

Address: - PREV YEAR 2008-2009Status : H - HUF PAN NO. AAAAA2222R

Select GENERAL D.O.B / D.O.FWard ITO WARD 27(3) Year Ending

STATEMENT OF TOTAL INCOMESOURCES OF INCOME Details Amount(Rs)

1 INCOME FROM SALARY 100,000

2 INCOME FROM HOUSE PROPERTY -

3 INCOME FROM BUSINESS/PROFESSION 105,000

4 CAPITAL GAIN 2,300

5 INCOME FROM OTHER SOURCES -

GROSS TOTAL INCOME 207,300

6 - TOTAL TAXABLE INCOME 207,300

7 TOTAL TAXABLE INCOME ROUNDED OFF 205,000 INCOME TAX 15,130

8 LESS: REBATE UNDER CHAPTER VIIIA & VIIIB -

TAX PAYABLE 15,130 ADD:SURCHARGE -

ADD:EDUCATION CESS @ 2% 300

ADD:SECENDORY & HIGHER EDUCATION CESS @ 1% 150

9 TOTAL TAX PAYABLE 15,580

10 LESS: RELIEF U/S-89/90/90A/91 -

TAX AFTER RELIEF 15,580

11 LESS: TAX DEDUCTED AT SOURCE - ON SALARY NIL - ON HOUSE PROPERTY INCOME NIL - ON BUSINESS/PROFESSIONAL INCOME NIL - ON CAPITAL GAINS NIL - ON OTHER SOURCE INCOME NIL -

12 LESS: TCS - -

13 LESS:ADVANCE TAX PAID NIL NIL

NET TAX PAYABLE 15,580 14 ADD: INTEREST U/s -

234A 467 -

234B 1091 -

234C 884 2,440

15 SELF TAX PAYABLE 18,020

16 SELF TAX PAID - -

17 NET TAX PAYABLE / (REFUNDABLE) 18,020

Date 10/18/2008Place New Delhi ASSESSEE

LESS: DEDUCTIONS UNDER CHAPTER VIA(u/s 80D + u/s80C ,80CCC, 80CCD)