my salary TDS

No CCA and Special allowance is fully taxable

                          Ur Tax Computation

 Basic Salary                50000*12                    600000

CCA                               8000*12                         96000

& spl allowance   8000*12                                  96000

total salary                                                            792000

Less: transport allowance u/s 10  800*12        9600

total taxable salary                                               782400

tax on ur income

Rs. 160000                                                 Nil

upto 300000                                             14000 (140000*10%)

upto 500000                                             40000 (200000*20%)

balance 282400                                     84720   (282400*30%)

total tax                                                      138720

add : edu. cess      3%                                4162

total tax payable                                        142882

regards,

ratan

note: plz provide HRA & ur investment details too.

How transport allowance can be deducted? He doent mention that he is getting any transport allowance. Transport allowance's exemption depends on actual expenditure. But he is not geeting any.

@ author. Both are fully taxable.

Dear Abhishek,

 i m assumed that Special allowance covers transport allowance allowance. thnx for giving attention to this point.

regards,

ratan