salary Tax sheet

 MR. RAHUL,

M ATTACHING COMPUTATION SHEET FOR YOU.JUST ENTER THE RENT PAID BY YOU ACTUALLY IN THE YEAR (MARCH 08-APRIL 09) IN THE HIGHLIGHTED CELL.

TAX WILL BE CALCULATED AFTER YOU DEDUCTIONS U/S 80, IF ANY.

 IF YOU WANT TO CALCULATE TAX LIABILITY KINDLY LET ME KNOW DETAILS OF YOUR DEDUCTIONS U/S 80. LIKE

LIC PREMIUM

CHILDREN TUTION FEES

MEDICAL INSURANCE PREMIUM

REPAYMENT OF HOUSING LOAN PRINCIPAL

INVESTMENT IN ANY EQUITY LINKED SAVING SCHEME

ANY FDR MADE IN THE YEAR FOR 5YEARS OR MORE

Hi Rahul,

On the basis of whatever information provided by you, Tax Liability coming Rs. 6,700/- (including Education Cess)

Assumptions :-

1) Basic Salary, all Allowances are mentioned in Salary Sheet are after adjustments and are part of Taxable portion.

2) There is no PF contribution made by assessee other than mentioned in Salary Sheet.

3) Assessee is a Male below 65 years.

Sir there is no any child and age is 28 year of employyes and he has not planed for investment for 80C he will plan as per tax liability and sir which sheet you have sent me there is not include bonus and parformance incentive.

With regards

Thanks,

Anuj Kumar

 m again attaching a revised sheet.

i have taken your  rent as 3000 p.m

ang i have taken your whole salary slip into consideration refer to gross salary amount

your total tax is Rs. 3116

 Mr. Yogesh can you please show your computation to us

Dear sir,

i have a confussion please go to the salary sheet the CTC include the PF contribution of Employyer but it may be Tax exempted, it will be less with taxable income and employee contribution will be claimed in U/s 80C .

Kindly clear this confussion.