Tds deuction from salary

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I have Joined a company in the month of August 2015 and I left the company on March'2016. My monthly gross 35000, Basic:14,000.00 Conveyance Allowance:1,600.00 House Rent Allowance:5,600.00 Medical Allowance/Special Allowances:1,250.00 Daily Allowances:2,800.00 Family Allowance:9,750.00 Also I have submitted :Certificate of interest collected on bank Loan" amount of Rs.17519(april,2015 to march,2016) Can anyone help me with Monthly Take Home Salary with detail. And How much I supposed pay TDS and PT. Because I used to get only 32520 take home and I still have a doubt.
Replies (3)

As per my Calculation :-

Basic 14,000
HRA 5,600
Conveyance Allowance 1,600
Special Allowance 12,550
Education Allowance  
Medical Reimbursement 1,250
Gross Monthly 35,000

 

Gross Annua:-l                                                                                      35000X12=4,20,000/-

Your Tax Value :-                                                                                                      15,450/-

Elebrate abt your tax value which is dedcuted from your office if any or other.

 

Bank Loan is for What Purpose...??

U joined the company in Aug  15 so only the salary of 8 Months is taxable in ur hand for F.y 15-16.

            Gross Salary                    35000*8 = 280000

Less     Conveyance Allowance      1600*8 =   (9600)   (19200 is allowed for the year without any proof)

Less     HRA if U reside on rent. Suppose Zero

Taxable Salary                                              271400 ( without giving effect of HRA & Interest Portion) and Not Adjusting Any                                                                                    Deduction under section 80 C

as per above calculation Tax is 271400-250000 = 21400 * 10.30% = 2204 

but u are allowed a rebate under section 87A of Rs. 5000 in tax if u have income below 500000

so in our case taxable income is below 500000 so tax liability is NIL 

Dear Sir, PT is depend on State in which u are working. and as per above details there is TDS liability of Rs. 204 in above working because Rebate u/s 87 A is 2000 for F.Y 15-16 and 5000 in F.Y 16-17 so u are allowed only 2000 rebate

Tax payable 2204-2000 =204

bt still details of Interest , HRA and Deduction u/s 80c is pending from ur side.

Please provide the details of deduction which company deduct from your salary.

whether same is PF...???


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