Entry Table
Name Sex Designation
**New HRA New TA Department
**Select New HRA as 0% If you stay in Quarters
Do you claim exemption for HRA? (choose no if H.loan availed and self-occupied) yes no House Rent Paid (Annual)
Monthly Pay details from Mar-Aug08 (Old Pay Scale)
Old Basic Pay (Mar08) Personal Pay (monthly) CCA (monthly)
##Increment Month Special Pay (monthly) pension (monthly)
##If your old increment month is not from April to Aug select others.
Increment Amount TA (monthly) Old HRA (0 if stay in Quarters)
New Pay (Monthly Income details) Deduction under Chapter VIA (Annual total)
Pay in payband (as on Sep 08) 80E-Education Loan Interest (Annual) 80DDB- Medical Treatment (up to Rs.40000-annual)
Grade Pay 80D-Health Insurance Premium (Rs.15000+ Rs.15000 for parents) 80G- Donations (Annual)
Personal Pay 80DD-PH dependants treatment (up to Rs.50000-Annual) Other Deductions -Chapter VIA
Special Pay Deductions under Section 80C, 80CCC, 80CCD (Annual)
Pension GPF Subscription (Annual) Housing Loan Principal (Annual)
LIC Premium (total for the year)
Other Pay CGEGIS (Annual) PLI (Total for the year)
Bonus ULIP (Annual Total) Pension Fund (Annual Total)
Honorarium PPF (Annual Total) Bond (IDBI, Infra Bond etc)
Tuition Fees NSC (Annual Total) ELSS (Annual Total) (Mutual funds)
Interest Income (Annual) Tuition Fees (up to 2 children) Other eligible Savings
Family Pension (Annual) Other deductions
@@6CPC Arrears Relief Under Section 89(1) - Use this Calculator Income Tax already deducted
@@ total Arrears received this year (40% of Gross for 2006, 07 and 08) Use this Calculator
Agriculture Income Rebate for Agri income Income Tax deducted on Interest
Any other income (Annual) Income/loss on house property (eg. if loss is 5000 enter -5000) Use this Calculator Other deductions at source
DA Arrears(Jan and Feb-08) Professional Tax (Annual)
 
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Income Tax Work Sheet
Name
Dept Designation
Month Basic Pay DP DA Taxable TA HRA Spl Pay Persl Pay CCA Pension Month Total
Mar
Apr
May
Jun
Jul
Aug
N.Pay
Sep
Oct
Nov
Dec
Jan
Feb
Total

Deductions under Sect 80C, 80CCC

ULIP (annual)
NSC (annual)
PPF (annual)
GPF (annual)
CGEGIS (annual)
Tuition Fees
PLI (annual)
Housing Loan Principal (Annual)
LIC Premium (total for the year)
Pension Fund (Annual Total)
Bond (IDBI, Infrastructure Bond etc)
ELSS (Annual) (Mutual funds)
Other Savings (up to Rs 1 lakh)
Total 80C savings
Other Income (Annual)
Other Pay (Annual total)
Bonus
DA Arrears (Jan Feb08)
Honorarium
Tuition Fees
Family Pension
Agriculture Income
Interest income (Annual)
6CPC Arrears received (40% of Gross Arrears) and other arrears if any
Any other annual income
Total Other Income (sum of above Annual incomes)
Gross total income (monthly + annual)
 
Deductions under Chapter VIA
80E-Education Loan Repayment Annual
80D Medical Insurance (Annual)
80DDB Medical Treatment
80DD Treatment to PH dependents
80G Donations
Other deductions under Chapter VIA
HRA exemption eligibility
Rent Paid in excess of 10% pay
Total HRA received (Annual)
40% of (Pay + GP) ( 50% for A1 cities)
Your HRA exemption eligibility
Balance Income Tax Payable (negative value implies refund)
Rs.
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Income Tax Calculation
Gross Total Income
Less HRA exempted
Less Professional tax
Add/Less Income/Loss on House Property
Gross Taxable Income
Less 80C, 8CCC deductions
Less Chap VI A deductions
Less Other deductions
Net Taxable Income
Total Tax payable
Less Rebate for Agri Income
Net Income Tax Payable
Add Education Cess 3%
Add Surcharge @10%
Less Relief under Sec.89(1)
Less Tax already deducted
Less Tax deducted on Interest
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