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Assessment Year : 2013-14 Previous Year : 2012-13

Personal Data Salary Details Deductions Other Incomes Tax Deducted

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Personal Data Details Deductions Statement Other Incomes Deducted Form 16

PERSONAL DETAILS

Your Name Designation Name of Office Your PAN No Category : Male

Name of the Employer Address of Employer PAN of the Deductor TDS Circle : TAN Number

EMPLOYER DETAILS ( Fill only if you know the details of Disbursing Officer, Otherwise
Name of Employer Office of the Employer Designation of Employer Place of Office Father of Employer

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Name of the Employer Address of Employer PAN of the Deductor TDS Circle : TAN Number

e details of Disbursing Officer, Otherwise leave this blank)


Father of Employer

Place of Office

DEDUCTIONS

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Item No.1 should be filled only if you are incured rent for residential purpose
1 Enter the actual rent paid by you during the relevent previous year (2012-13) Basic Basic, DA and HRA of the year excluding Arrear Enter Part of Basic, DA and HRA included in arrears and applicable to the year 2011-12 Total of Basic, DA and HRA on Due Basis ( For HRA Purpose Salary and HRA is taken on Due basis not on received basis) Salary for HRA purpose (Here Salary means Basic + DA only) a) b) c) Actual HRA Received for the Year Rent paid in excess of 1/10 th of Salary ( - 1/10 of 0 ) 40 % Salary Nil Nil Nil DA

Eligible amount of Deduction ( Least of the above three )

Nil

2 3 4

Entertainment Allowance Profession Tax Paid Mediclaim ( Rs.15,000 for self, spouse and children and Rs.15,000 for parents, If parents are senior citizens Rs. 20,000) Expenditure on Medical treatment of mentally or physically handicapped dependents (If disability is 40% to 80% Maximum Rs.50,000, If more than 80% Rs. 1,00,000) Expenditure incurred on medical treatment of the employee for specified diseases or ailment like cancer, AIDS, etc. ( Max. Rs.40,000/- . In case of treatment is made to a person who is a senior citizen Rs.60,000)

Any amount of interest paid for Educational Loan taken from Bank or approved institution for higher education of the employee's dependent children Donation to various charitable and other funds including PM's National Relief Fund, Gujarat Earthquake Relief Fund. Etc Contribution made to Political Party Life Insurance Premia of self, spouse and children (other than specified in the pay particulars table) Purchase of NSC VII issue Contribution towards Unit Linked Insurance plan of UTI or LIC (of self, Spouse and Children) Purchase of tax saving units of Mutual Fund or UTI Contribution to Pension Fund (80 CCC) Contribution to Pension Scheme of Central Govt. (80CCD) Tuition Fees ( Paid to university, college, school or educational institution situated within India for full time education to any two children) Housing Loan Repayment(Principal) for construction loan only. Not for addition / repair loan etc. Stamp duty paid for purchase of property Subscription to equity shares or debentures of an eligible issue Subscription to eligible units of Mutual Fund Investment in long-term infrastructure bonds as notified by the Central Government (Max. Rs. 20,000) This deductionis in addition to Rs.1,00,000 u/s 80C, 80 CCC and 80 CCD Deduction for Handicapped employees u/s 80 U ( Rs.50,000 upto 80% disability and Rs.1,00,000 if disability is above 80%) Actual Amount invested in Rajiv Gandhi Equity Savings Scheme ( Only 50% of your investment will be deducted, subject to maximum of Rs.25,000)
Any other item u/s 80 C Allowances excempted u/s 10

8 9 10 11 12 13 14 15 16

17 18 19 20

21

22 23 24

(Specify) (Specify)

1) 1)

24 25

Allowances excempted u/s 10

(Specify)

2)

Relief for Arrears of Salary u/s 89(1)

DEDUCTIONS

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nly if you are incured rent for residential purpose

HRA

Nil

SALARY DETAILS
PAY DETAILS
Month
Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13

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DEDUC
CCA
Any Other

PAY

DA

HRA

TOTAL
0 0 0 0 0 0 0 0 0 0 0 0 0

PTA

GPF / KASEPF

Salary Arrear DA Arrear Pay Revision Arrears

0 0 0

Total
1 2 3 4

0
Leave Surrender

Festival Allowance / Bonus / Ex-gratia and incentive Value of Perquisites Profits in lieu of salary under section 17(3)

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DEDUCTION DETAILS
SLI GIS LIC GPAIS
Any Other

TOTAL
0 0 0 0 0 0 0 0 0 0 0 0 0 0

FBS

If any amount of DA arrear or Pay Rev.Arrear merged to PF, show it in GPF Column also

0 0

INCOME TAX STATEMENT 2012-13


Computation of Salary Income for the Financial Year 2012-13 ( Assessment Year -2013-14)

Name Designation
1 a Gross Salary

: :

PAN :
,

(includes Salary, DA, HRA, CCA, Interim Relief, OT Allowance, Deputation Allowance, Med Allowance, DA Arrear, Pay Revision Arrear etc)

: Nil Nil Nil Nil

3 4 5

b Value of Perquisites c Profits in lieu of salary under section 17(3) d Leave Surrender e Festival Allowance / Bonus / Ex-gratia and incentive Total Salary Income (a+b+c+d) g Deduct HRA in the case of persons who actually incur expenditure by way of Rent : i) Actual HRA Received : ii) Actual Rent paid in excess 1/10th of the salary : iii) 40% Salary ( For this salary means Basic + DA) (i) to (iii) whichever is least is exempted Balance ( 1- 2) Allowance to the extent exempt u/s 10 Deduct a) Entertainment Allowance b) Profession Tax Paid Net Salary Income 3-(4+5) Any other income ie; Income from House Property, Business, Capital Gains or other Sources (Interest on Housing loan is treated as loss from House property) Gross Total Income (6+7) A - Deduction under section 80C a) Life Insurance Premia of self, spouse and children b) c) d) e) f) g) Purchase of NSC VII issue State Life Insurance Policy (SLI) Group Insurance Scheme (GIS) Group Personal Accident Insurance Scheme (GPAIS) FBS Contribution towards approved Provident Fund including PPF h) Contribution towards Unit Linked Insurance plan of UTI or LIC (of self, Spouse and Children)

: : : Nil Nil Nil : : Nil Nil Nil

Nil

6 7 8 9

: :

Nil

: : : : : : : : : : : Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil

i) Purchase of tax saving units of Mutual Fund or UTI j) Tuition Fees ( Paid to university, college, school or educational institution situated within India for full time education to any two children) k) Housing Loan Repayment(Principal) for construction loan only. Not for addition / repair loan etc. Stamp duty paid for purchase of property l) Subscription to equity shares or debentures of an eligible issue m) Subscription to eligible units of Mutual Fund n) .................................................................... B C Contribution to Pension Fund (80CCC) Contribution to Pension Fund Scheme of Central Govt (80 CCD)

: : : :

Nil Nil Nil Nil NIL Nil

: Total Deduction u/s 80 C, 80CCC & 80 CCD is 10 D. investment in Infrastructre Bonds approved by Government : (80CCF) - Maximum Rs. 20,000

11 E. Deduction under other sections of Chapter VI A a) Mediclaim ( Maximum of Rs.15,000 for self, spouse, dependent
children and Rs.15000 for Parents. if Parents are senior citizens Rs. 20,000)

Nil

b)

Expenditure on Medical treatment of mentally or physically handicapped dependents (including the amount deposited in their name. ( Max. Rs.50,000/- in case of severe disability max.
Rs.1,00,000)

Nil

c)

Expenditure incurred on medical treatment of the employee for specified diseases or ailment like cancer, AIDS, etc. ( Max.
Rs.40,000/- in case of treatment is made to a person who is a senior citizen Rs.60,000)

Nil

d)

e) f) g) h)

Any amount of interest paid for Educational Loan taken from Bank or approved institution for higher education of the employee's dependent children [u/s 80E] Donation to various charitable and other funds including PM's National Relief Fund, Gujarat Earthquake Relief Fund. Etc Contribution made to Political Party Dedution for Handicapped Employees u/s 80U

: : : :

Nil Nil Nil Nil

12 13 14 15 16 17 18 19 20 21 22

Deduction for Rajiv Gandhi Equity Savings Scheme : Nil Total of (a) to (f) Total Deduction (9+10+11) ( No Taxable Income ) Total Income rounded off to the nearest multiple of ten (8-12) Tax on Total Income : Add Surcharge @ 10% if the total income exceeds Rs.10,00,000 (Waived from 2010-11 onwards) Income Tax & Surcharge Payable ( 14 + 15) : Education Cess @ 3% of 16 : Total Tax Payable (16+17) : Less : Relief for Arrears of Salary u/s 89(1) : Balance Tax Payable (18-19) -( Rounded to Nearest multiple of Ten) : Amount of Tax already deducted from salary : Balance Income Tax to be paid : Signature : Place: Name, Designation Date : & Office :

Nil Nil Nil Nil Nil Nil Nil

Nil

DECLARATION
( Cases in which the amount of HRA drawn is excluded from the Gross Salary) I, , do hereby declare that I am actually incurring expenditure towards payment of rent of my residential accommodation to House No: ......................... Place : ........................................... and that the amount of rent actually paid by me during ............................................. is Rs. .......................................................... Place : .......................................... Signature : Date : ........................................... Name, Designation & Office :

PARTICULARS OF SALARY DRAWN


Month Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Salary Arrear DA Arrear PR Arrear Total Pay DA HRA CCA PTA Total GPF / KASEPF SLI GIS LIC GPAIS FBS TOTAL

FORM NO. 16
[See rule 31(1)(a)] PART A Certificate under section 203 of the Income-tax Act, 1961 for Tax deducted at source on Salary Name and address of the Employer Name and Designation of the Employee

PAN of the Deductor

TAN of the Deductor

PAN of the Employee Period From April-2012 To March-2013

CIT (TDS)

Assessment Year 2013-14

Summary of tax deducted at source


Quarter Amount of tax Amount of tax Receipt Numbers of original statements of TDS deducted in respect of deposited remitted in under sub-section (3) of section 200 the employee respect of the employee

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total

Nil Nil Nil Nil PART B (Refer Note 1) Details of Salary paid and any other income and tax deducted

Nil Nil Nil Nil

1. Gross Salary Rs.


(a) Salary as per provisions contained in sec.17(1) (b) Value of perquisites u/s 17(2) (as per Form No.12BB, wherever applicable) (c) Profits in lieu of salary under section 17(3) (as per Form No.12BB, wherever applicable) (d) Leave Surrender (e) Festival Allowance / Bonus / Ex-gratia and incentive Total Rs. 2. Deduct HRA 3. Balance (1-2) Nil Nil Nil Nil Nil Nil Nil

4. Less: Allowance to the extent exempt u/s 10 Allowance Nil 5. Balance (3-4) Rs. 6. Deductions : (a) Entertainment allowance Rs. (b) Tax on employment Rs. 7. Aggregate of 6(a) and (b) Rs. 8. Income chargeable under the head 'salaries' (5-7) 9. Add: Any other income reported by the employee Income Rs. Rs. Nil Nil Nil

10. Gross total income (8+9)

Rs.

11. Deductions under Chapter VIA (A) Sections 80C, 80CCC and 80CCD (i) Section 80C

Gross Amount

Deductible Amount

(ii) Section 80CCC NIL (iii) Section 80CCD Nil Total amount u/s 80C, 80CCC and 80 CCD is Rs. 0, Admissible amount is (B). investment in Infrastructre Bonds approved by Central Government (80CCF) (C) Other sections (e.g. 80E, 80G etc.) under Chapter VI-A Qualifying Amount Deductible Amount

12. Aggregate of deductible amout (11+12) 13. Total Income (10-13) 14. Tax on total income 15. Add Surcharge @ 10% if the total income exceeds Rs.10,00,000 (Waived from 2010-11 onwards) 16. Income Tax & Surcharge Payable 17. Education cess @ 3% (on tax computed at S. No. 17) 18. Tax Payable (13+14) 19. Less: Relief under section 89 (attach details) 20. Tax payable (15-16) (Rounded to nearest multiple of Ten) 21. Amount of Tax already deducted from salary 22. Balance Income Tax to be paid Nil Nil Nil Nil Nil Nil Nil ( Rs.0 Rounded to nearest multiple of Ten) Nil

Verification
I, ......................................................................, son/daughter of ................................................, working in the capacity of .......................................................................................... .................................. do hereby certify that a sum of Rs. Nil has been deducted and deposited to the credit of the Central Government. I further certify that the information given about is true, complete and correct and is based on the books of account, documents, TDS statement, TDS deposited and other available records.

Place : Date :

.............................. ............................

Signature of person responsible for deduction of tax Full Name:

EASY TAX 2012-13


First Edition published in 2008 Developed By:

ABDURAHIMAN VALIYA PEEDIYAKKAL HSST - Commerce Govt Girls HSS, B.P.Angadi Tirur - 676102 Malappuram (Dt), Kerala

Email : alrahiman@gmail.com Mob : 9539471298

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YA PEEDIYAKKAL

OTHER SOURCES OF INCOME DURING THE PREVIOUS YEAR 2012-13

Income from House Property (Interest on Housing Loan should be inserted here as -ve value) Income from Business Income from Capital Gains Income from Other Sources TOTAL

13

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d here as -ve value)

DETAILS OF TAX DEDUCTED AT SOURCE ( If not applicable leave it blank)

QUARTER

Reciept No

First Second Third Fourth


TOTAL

it blank)

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ciept No

Amount Deducted

FREQUENTLY ASKED QUESTIONS

1 2 3 4 5 6 7 8

What is the Income Tax Rates for the year 2012-13 What is the treatment of Housing Loan Whether DA Arrear, Pay Revision Arrear, Leave Surrender, Festival Allowance etc be included in the income? Financial year starts from 1-April and ends on 31-March. But salary from March to February is shown in statement. Why the print out of Statement/Form 16 not fit into A4 sheet? Will the EASY TAX work in Linux? Why some columns in statement/ Form16 shows error like '#Name'? Can I save and keep the entered data for further use ?

Income Tax Rates 2012-13


MALE & FEMALE SENIOR CITIZEN (Age 60-79)

Upto 2,00,000 2,00,001 To 5,00,000 5,00,001 To 10,00,000 10,00,001 and Above

NIL 10% 20% 30%

Upto 2,50,000 2,50,001 To 5,00,000 5,00,001 To 10,00,000 10,00,001 and Above


Go To Questions

Treatment of Housing Loan


PRINCIPAL AMOUNT

Repayment towards the Principal amount of Housing loan is considered as one item of deduction u/s 80 C under Sec 80.C is Rs.100,000. The repayment of principal amount should be inserted against 17th item und
INTEREST AMOUNT

Interest paid on Loan obtained for constructing house property can not be deducted as such. It should property. So, remember to instert the amount of interest paid on Housing Loan during this year as a minu the item 'Income From House Property' under 'Other Income'. Maximux deduction is Rs. 1,50,000 under th
Go To Questions

Whether DA Arrear, Pay Revision Arrear, Leave Surrender, Festival Allowance etc be included

Yes, all incomes received during the period from April 2011 to March 2012 should be included. But if you have rece any of the previous years during this year, first you should show it as an income, then you can claim Relief under secti

Go To Questions

Financial year starts from 1-April and ends on 31-March. But salary from March to February i

Salary of each month becomes due on the 2nd day of next month. So salary of last march is received in this April, hen this march is received on next April, hence it is excluded. Go To Questions

Why the print out of Statement/Form 16 not fit into A4 sheet?

Use a Laser Printer / Inkjet Printer to print. The Statement and Form 16 each is designed to fit into two sides of overlapping to more than two sides, go to 'Page Setup' and adjust the Top, Bottom, Left and Right Margins to overlapping take print Preview and in 'Page' tab set 'Fit to 1 page(s) wide by 2 tall' under scaling option Go To Questions

Will the EASY TAX work in Linux?


No, some features added to this is not available in Open Office Org Go To Questions

Why some columns in statement/ Form16 shows error like '#Name'?

It is highly recommended to open EASY TAX in MS Office 2007 or higher versions. If you are using Mircosoft Offic should add two addins for the smooth working of this application. Otherwise some cells may show error messages lik steps given below. a) Go to 'Tools' menu and click on 'Add-ins' b) In Add-ins window put 'tick' marks for the first two items. i.e 'Analysis Toolpack, and 'Analysis Toolpack VB' c) Click 'OK' Button d) Close and Repon the EASY TAX Sometimes you may be asked to put 'Microsoft Office' installation CD in the CD Drive Go To Questions

Can I save and keep the entered data for further use ?

Ofcourse.. But at a time EASY TAX can hold details of one employee. Before entering the details of next employee, save that file in his name. Thus generate as many copy of EASY TAX as the number of employees

Go To Questions

Y ASKED QUESTIONS

Back

Allowance etc be included in the income?

from March to February is shown in statement. WHY?

Tax Rates 2012-13


SENIOR CITIZEN (Age Above 80)

ZEN (Age 60-79)

NIL 10% 20% 30%

Upto 5,00,000 5,00,001 To 10,00,000 10,00,001 and Above

NIL 20% 30%

o To Questions

nt of Housing Loan

onsidered as one item of deduction u/s 80 C. The overall deduction limit nt should be inserted against 17th item under deduction

ty can not be deducted as such. It should be treated as loss on house on Housing Loan during this year as a minus figure (Eg: -28500) against Maximux deduction is Rs. 1,50,000 under this head

o To Questions

er, Festival Allowance etc be included in the income

h 2012 should be included. But if you have received the incomes applicable to an income, then you can claim Relief under section 89(1)

o To Questions

. But salary from March to February is shown in statement. WHY?

salary of last march is received in this April, hence it is included and salary of

o To Questions

sheet?

m 16 each is designed to fit into two sides of an A4 sheet. If your prints are st the Top, Bottom, Left and Right Margins to lowest points. If still there is wide by 2 tall' under scaling option

o To Questions

o To Questions

ike '#Name'?

higher versions. If you are using Mircosoft Office 2003 or lower versions, you herwise some cells may show error messages like #Name, To do this follow the

Analysis Toolpack, and 'Analysis Toolpack VB'

in the CD Drive

o To Questions

. Before entering the details of next employee, use the Save as command to s the number of employees

o To Questions

HOW TO ENABLE MACROS IN EXCEL

MS Office - 2007 or higher versions

Click on MS Office Button (Available at Left Top part of Excel Window

2 3

Click on 'Excel Options'

Click on 'Trust Centre'

4 5 6

Click on 'Trust Centre Settings'

Click on 'Macro Settings'

Tick the 4th option (ie. Eanbale all macros..)

7 8

Click 'OK' Buttonn

Then 'Close' and 'Restart" Miscrosoft Excel

MS Office - 2003 or older version

1 2 3 4 5

Go to 'Tools' menu Click on 'Macros' menu Click on 'Securities' menu Select the last option ie, Low (Not Recommended) Press 'OK'

But it is highly recommended to use MS Office 2007 or higher vers

CROS IN EXCEL

Back

ow

S Office 2007 or higher version