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Computation

The document outlines the computation of total income, which amounts to ₹8,43,300, including salaries and income from other sources. It details the tax calculation on this income, resulting in a total tax of ₹35,703, with a refund of ₹31,170 due to tax deducted at source. Additionally, it provides specifics on tax deductions from salary and other income sources.
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0% found this document useful (0 votes)
8 views2 pages

Computation

The document outlines the computation of total income, which amounts to ₹8,43,300, including salaries and income from other sources. It details the tax calculation on this income, resulting in a total tax of ₹35,703, with a refund of ₹31,170 due to tax deducted at source. Additionally, it provides specifics on tax deductions from salary and other income sources.
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COMPUTATION OF TOTAL INCOME

SALARIES 8,21,236

SR COMMANDANT CISF UNIT IGI AIRPORT NEW DELHI (TAN:


DELS21522E) : DELHI, DELHI, DELHI, DELHI, DELHI-110010
SALARY 11,52,974
LESS EXEMPT EXEMPT U/S EXEMPT (2,56,738)
GROSS SALARY 8,96,236
LESS: STANDARD DEDUCTION U/S 16(ia) 75,000
TAXABLE SALARY 8,21,236

INCOME FROM OTHER SOURCES 22,059


INTEREST FROM SAVING BANK AC 3,819
INTEREST FROM TIME-DEPOSIT 365
DIVIDEND FROM COMPANIES 17,875
TOTAL 22,059

GROSS TOTAL INCOME 8,43,295


TOTAL INCOME 8,43,295
TOTAL INCOME ROUNDED OFF U/S 288A 8,43,300

COMPUTATION OF TAX ON TOTAL INCOME


TAX ON RS. 3,00,000 NIL
TAX ON RS. 4,00,000 (7,00,000 - 3,00,000) @ 5% 20,000
TAX ON RS. 1,43,300 (8,43,300 - 7,00,000) @ 10% 14,330
TAX ON RS. 8,43,300 34,330
34,330
ADD: HEALTH AND EDUCATION CESS @ 4% 1,373
35,703
LESS TAX DEDUCTED AT SOURCE
SECTION 194: DIVIDENDS 738
SECTION 192: SALARY 66,135 66,873
-31,170

REFUNDABLE (31,170)

Details of Tax Deducted at Source from Salary


Sl. No. Tax Deduction Name of the Employer Date of Tax Income Total tax
Account Number Deducted chargeable under deducted
(TAN) of the Salaries
Employer
192 : Salary
1. CALC06061G COMMANDANT 132 BN B S F RANINAGAR JALPAIGURI W B 28/02/2025 74,564 Nil
2. CALC06061G COMMANDANT 132 BN B S F RANINAGAR JALPAIGURI W B 31/01/2025 74,564 Nil
3. CALC06061G COMMANDANT 132 BN B S F RANINAGAR JALPAIGURI W B 31/12/2024 74,564 10,000
4. CALC06061G COMMANDANT 132 BN B S F RANINAGAR JALPAIGURI W B 30/11/2024 74,564 10,000
5. CALC06061G COMMANDANT 132 BN B S F RANINAGAR JALPAIGURI W B 01/11/2024 75,517 8,000
6. CALC06061G COMMANDANT 132 BN B S F RANINAGAR JALPAIGURI W B 30/09/2024 65,138 8,000
7. PTNP02007F PATNA SUB ZONAL OFFICE OF DIRECTORATE OF ENFORCEMENT GOVT. 31/07/2024 89,550 3,640
OF INDIA
8. PTNP02007F PATNA SUB ZONAL OFFICE OF DIRECTORATE OF ENFORCEMENT GOVT. 30/06/2024 81,020 3,640
OF INDIA
9. PTNP02007F PATNA SUB ZONAL OFFICE OF DIRECTORATE OF ENFORCEMENT GOVT. 31/05/2024 86,880 3,640
OF INDIA
10. PTNP02007F PATNA SUB ZONAL OFFICE OF DIRECTORATE OF ENFORCEMENT GOVT. 30/04/2024 2,18,622 19,215
OF INDIA
Grand Total 9,14,983 66,135
Details of Tax Deducted at Source on Income other than Salary
Sl. Tax Deduction Unique TDS Name of the Deductor Head Amount Date of Total tax B/F Tax Amount C/F Tax
No. Account Certificate No. of paid /credited Payment deducted claimed
Number (TAN) Inco /Credit for this
of the Deductor me year
194 : Dividends
1. PNEB16470G BHARAT PETROLEUM CORPORATION OS 42 30/08/2024 Nil Nil
LIMITED
2. MUMC10660G CEAT LIMITED OS 1,500 29/08/2024 Nil Nil
3. DELG11331F GAIL INDIA LIMITED OS 1,014 17/02/2025 Nil Nil
4. MUMT28211B TATA MOTORS LIMITED OS 7,374 25/06/2024 738 738
Grand Total 9,930 738 Nil 738 Nil

INTEREST FROM SAVING BANK A/C, CO-OPERATIVE BANK AND POST-OFFICE

INTEREST FROM SAVING BANK AC


Sr No Particular Amount
1 INTREST ON SAVING ACCOUNT 3,819
Total 3,819

INTEREST FROM TIME-DEPOSIT


Sr No Particular Amount
1 INTREST ON TIME DEPOSIT 365
Total 365

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