2010-01-11

1. For a person (man) monthly salary is Rs. 8650 (exclusive of C.A.) and his deductions are
as follows:
LIC – Rs.135 p.m., GPF – Rs. 500 p.m., Professional Tex – Rs. 2500 p.a., Infrastructure
bonds – Rs. 5000. Find his taxable amount, for the financial year 2006 – 07.
2. Mr. A.P. Deshmukh is serving in a company and earns Rs. 23,700 p.m. He deposited Rs.
2300 p.m. towards provident fund. He bought NSC of Rs. 10,000 and donated Rs. 6000
to Chief Minister Relief Fund. Find income tax he has to pay for the financial year 2006 –
07.
3. Smt. C. Archana has her gross annual income for the year 2006 – 07 of Rs. 1,48,000 and
her savings are as follows. LIC – Rs. 4800 p.a. PLI- Rs. 2750 p.a. Find the net income tax
to be paid by Smt. C. Archana , for the financial year 2006 – 07.

1/11/10
1. Ganesh Rathod is working in an advertising company. His gross annual income is Rs.
2,00,000. His age is about 67 years. He pays Rs. 3000 to Prime Minister Relief Fund and
buys NSC of Rs. 10,000. What will be the income tax in the year 2006 – 07 he has to
pay?
2. Vimalaben is below 65 years. Her monthly salary is Rs. 21,000 (exclusive of C.A., ) ; and
deductions are as follows: Profession tax Rs. 2500 p.a.; GPF Rs. 4000 p.m; PLI Rs. 295
p.m. Fixed deposits Rs. 20000. Find net tax to be paid for the financial year 2006 – 07.
3. For a senior citizen monthly income is Rs. 18,440 and deductions are as follows: Fixed
deposits of one month salary. Find the tax to be paid and Education cess for the financial
year 2006 – 07.

1/11/10

1. For a person [woman below 65 years], monthly salary is Rs. 9160 (exclusive of C.A.).
Deductions: Professional tax Rs. 2500 p.a., NSC Rs. 6000; PLI – Rs. 295 p.m. Find the tax
to be paid, for the financial year 2006 – 07.
2. For a person (man), monthly salary is Rs. 18,900 (exclusive of CA) and the deductions
are as follows: Interest on house loan Rs. 2000 p.m., profession tax Rs. 2500 p.a. , GPF
Rs. 3000 p.m., LIC Rs. 10,000 p.a. and the principal of house loan is Rs. 6500 p.m. Find
the income tax to be paid for the financial year 2006 – 07.
 2010-01-11
3. John Albert is a junior engineer in Electricity Company. He earns Rs. 18,700 p.m. from
salary. He donates Rs. 6000 in the funds of National Defense. He pays Rs. 4750 as a
house loan per month. Also he deposited Rs. 1200 and Rs. 1500 toward GPF and PLI
respectively per month. What amount he will have to pay as net tax in the financial year
2006-07.