Вы находитесь на странице: 1из 16

CALCULATION OF INCOME TAX D.O.

B
for the Financial Yr 2009-10/ Assessment yr 2010-11 ASSESSE MALE
NAME : PAN
PHONE :

ADDRESS :
Email id-
1. Gross Annual Income/Salary include all allowances) 0 0
2. Less: Allowances exempt u/s 10(for Service Period) 0
(I) H.R.A. exemption 0
City of Residence Metro
Basic Salary (Basic+DA) 0 0
Rent Paid 0 0
H.R.A received 0 0
(II) Conveyance allowances (Max Rs.800/-p.m) 0 0
(iii) Any Other Exempted Receipts/ allowances (specify)-- 0 0
(iv) Professional Tax 0 0
3. Income under the head salaries 0
4. Add: Any other income from other sources 0 0
1. Interest received from following Investments
a. Bank ( Saving /FD /Rec ) 0
b. N.S.C.(accrued/ Recd ) 0
c. Post Office M.I.S (6 yrs.) 0
d. Post Office Recurring Deposit (5 yrs.) 0
e. Term Deposit (1 to 5 yrs.) 0
f. Saving Bonds (6yrs.) 0
g. Kishan Vikas patra 0
2. Any Other Income (specify)--- 0
3. Any Other Income (specify)--- 0
5. Income from house property - (Go to cell B57-B63) 0 0
6. Gross Total Income 0
7. Less: Deduction under Sec 80C (Max Rs.1,00,000/-) 0
a. PF & VPF Contribution 0 0
b. Life Insurance premiums 0
c. PPF a/c Contribution 0
d. N.S.C (Investment +accrued Int first five year) 0
e. Housing. Loan (Principal Repayment ) 0
f. Tuition fees for 2 children 0
g. E.L.S.S(Mutual Fund) 0
h. Tax Savings Bonds 0
I. FD (5 Years and above) 0
j. 80 ccc Pension Plan 0
8. Less: Deduction under chapter VI A 0
a 1. 80 D Medical Insurance premiums (for Self ) 0 0
a 2. 80 D Medical Insurance premiums (for Parents) 0 0
b. 80 E Int Paid on Education Loan 0 0
c. 80G Donation to approved fund 0
d. Any other (Specify)--- 0
9. Total Income 0
10. Total Taxable Income (Round off to nearest 10 rupees) 0
11. Tax on Total Income 0
12. Add; Edn Cess @ 3% 0
13. Total Tax Payable 0
14. Tax Deduction at Source 0 0
15. Balance Tax Payable / Refundable Refundable 0
Computation of Income from house property
Accomodation Status - SELF OCCUPIED / LET OUT Self Ocupied
Annual Letable value/ Rent Received or Receivable 00
Less-Taxes Paid to Local Authority 00
Net Annual Value 00
Less-Repair & Collection Charges(30% of Net Annual Value) 00
Less-Interest on Housing Loan 0 0
Net Income / Loss from House Property 0
Auto Tax Calculator by B.P.Choudhary (Tax Consultant)
B. P. CHOUDHARY 1577 SECTOR-5 R.K.PURAM NEW DELHI-110022 Ph :9811302497, 9211125587
Latest Version 4.1 for Financial year 2009- 10 , Assessment year 2010-11
For Individual ( Male, Female & Senior Citizen [above-65 Yr] )
This easy /self explanatory calculator is available free of cost for your self calculation. Once
you enter the amount in the white blank cells. Other cells will calculate data & Tax automatically.

If you required, My professional services, Are available at nominal charges


Rs. 500/- For calculation of income & Tax ( with Professional advice for saving of tax )
For transfer of Amount - Bijender Pal Choudhary A/c No- 011104000089274 IDBI Bank
Branch K.G.Marg, IFSC Code IBKL0000011
Cont: me or send your details to bpchoudhary@gmail.com
PLEASE FOLLOW THE INSTRUCTIONS
1. This Calculator will be used to compute the Tax for common Individual. Salaried / Business or Profession.
2. You can Calculate your Income Tax in Calculation Sheet & print the Working Sheet for your record.
3. Follow the Tax Rules & Instructions(where applicable) go to informations & Rule sheet . For instruction move cursior on cell.
4. HRA Exemption = Least of (40% (50% for metros) of Basic+DA or HRA Receive or Rent paid (-)10% of Basic)
5. Some Other Exempted Receipts/allowances are ( For Detail follow the Information & Rules).
1. Medical Reimbursement (Max Rs.15000/- Per annum) 2. L.T.A (as per Rule)
3. Uniform Allowance (to meet the expenditure incurred on purchase or maintenance of uniform for Official Duty
4. Entertainment allowance (for Govt Employees)Max 5000/-
5. Academic Allowance (for encouraging academic, research & training pursuits) including Newspaper etc.
6. Children Education Allowance (Rs.100 P.M. per Child/(Rs.300 for Hostel Expenditure) Max of 2 Children)
6. Some Exempted Income are
1. Withdrawal / Maturity received from PF,PPF,Insurance Co., Agriculture.
2 Long Term Capital Gain
3 Dividend on shares in companies
4. Interest on Post Office & PPF A/C
7. S.N-4(2),(3) Mention Any other income that does not fall under the above heads of income
8. Computation of Income from house property (see cell B56-B62)
9. TAX RATES FOR ( F-YR 2008-09) ASSESSMENT OF MALE ASSESSE FOR YEAR 2009-2010
Net Income Range Income Tax Rates
Upto Rs. 1,60,000 NIL
Rs.1,60,000 to Rs.3,00,000 10% of Total Income (-) Rs.1,60,000
Rs.3,00,001 to Rs.5,00,000 Rs. 14,000+20% of Total Income(-)Rs.3,00,000
More than Rs.5.00,000 Rs. 54,000+30% of Total Income(-)Rs.5,00,000

TAX RATES FOR ( F-YR 2008-09) ASSESSMENT OF FEMALE ASSESSE FOR YEAR 2009-2010
Net Income Range Income Tax Rates
Upto Rs. 1,90,000 NIL
Rs.1,90,001 to Rs.3,00,000 10% of Total Income(-) Rs.1,90,000
Rs.3,00,001 to Rs.5,00,000 Rs.11,000+20% of Total Income (-) Rs.3,00,000
More than Rs.5.00,000 Rs. 51,000+30% of Total Income(-)Rs.5,00,000

TAX RATES FOR (F-Yr 2008-09) ASSESSMENT OF SENIOR CITIZEN (Above 65 Year) ASSESSE FOR YEAR 2009-2010
Net Income Range Income Tax Rates
Upto Rs. 2,40,000 NIL
Rs.2,40,000 to Rs.3,00,000 10% of Total Income(-) Rs.2,40,000
Rs.3,00,001 to Rs.5,00,000 Rs.6,000+20% of Total Income(-)Rs.3,00,000
More than Rs.5.00,000 Rs. 46,000+30% of Total Income(-)Rs.5,00,000

Education Cess is 2% & Secondary and Higher education Cess is 1% of income tax from all Assesse.
WORKING SHEET OF INCOME TAX D.O.B 12/30/1899
for the Financial Yr 2009-10, Assessment yr 2010-11 SEX - MALE
NAME : PAN 0

PHONE :
ADDRESS :
Email id-
1. Gross Annual Income/Salary (include all allowances) 0
2. Less: Allowances exempt u/s 10 0
(I) H.R.A. exemption 0
(II) Conveyance allowances(Max Rs.800/-p.m) 0
(iii) Any Other Exempted Receipts/ allowances (specify)-- 0
(iv) Professional Tax 0
3. Income under the head salaries 0
4. Add: Any other income from other sources 0
1. Interest received from following Investments
a. Bank ( Saving /FD /Rec ) 0
b. N.S.C.(accrued/ Recd ) 0
c. Post Office M.I.S (6 yrs.) 0
d. Post Office Recurring Deposit (5 yrs.) 0
e. Term Deposit (1 to 5 yrs.) 0
f. Saving Bonds (6yrs.) 0
g. Kishan Vikas patra 0
2. Any Other Income (specify)--- 0
3. Any Other Income (specify)--- 0
5. Income from house property 0
6. Gross Total Income 0
7. Less: Deduction under Sec 80C 0
a. PF&VPF Contribution 0
b. Life Insurance premiums 0
c. PPF a/c Contribution 0
d. N.S.C (Investment +accrued Int first five year) 0
e. Housing. Loan (Principal Repayment ) 0
f. Tuition fees for 2 children 0
g. E.L.S.S(Mutual Fund) 0
h. Tax Savings Bonds 0
I. FD (5 Years and above) 0
j. 80 ccc Pension Plan 0
8. Less: Deduction under chapter VI A
b. 80 D Medical Insurance premiums 0 0
c. 80 E Int Paid on Education Loan 0
d. 80G Donation to approved fund 0
d. Any other (Specify)--- 0
9. Total Income 0
10. Total Taxable Income (Round off to nearest 10 rupees) 0
11. Tax on Total Income 0
12. Add; Edn Cess @ 3% 0
13. Total Tax Payable 0
14. Tax Deduction at Source 0
15. Balance Tax Refundable 0
Auto Tax Calculator by B.P.Choudhary (Tax Consu
Calculate your Tax in Just 5 Minutes

1
2
3
4
5 Follow the Tax Rules & Informations (where applicable). Following ready reaconer is for your refference.
TAX RULES&OTHER USEFUL INFORMATION
1
2

3
4
5

6
7

10

11
12

13
14
15

1
2
3
Auto Tax Calculator by B.P.Choudhary (Tax Consultant)
Calculate your Tax in Just 5 Minutes
Latest Modified Version 4.1 for the Financial year 2009- 10, ASSESSMENT YEAR
Hello-Dears- I am Bijender Pal Choudhary.
this Auto Tax Calculator for common people. This tax calculator may help you to calculate the est
you find any inconsistency, correction or amendments, please let me know, I will try to fix it at the
detailed e-mail at bpchoudhary@gmail.com
REGARD- B. P. CHOUDHARY 1577 SECTOR-5 R.K.PURAM NEW DELHI-110022 P h : 9 8 1 1 3 0 2
This Calculator will be used to compute the Tax for Common individuals.
Easy to understand & similar as form 16.
You can Calculate your Income Tax in Calculation Sheet & print the Working Sheet.
Once you enter the amount in the blank cells. Other cells in Calculation & Computation Sheets will calculate data & Tax automatically.
5 Follow the Tax Rules & Informations (where applicable). Following ready reaconer is for your refference.
TAX RULES&OTHER USEFUL INFORMATION
HRA exemption = minimum of (40% (50% for metros) of Basic+DA or HRA or rent paid - 10% of Basic+DA)
Transport allowance is exempt upto Rs.800/- per month provided the person is in India during the month. For people having permanent phy
per month
Medical bills are exempt for self and dependent family, upto Rs.15,000/- per annum
u/s(5) LTA is exempt to the tune of ecomony class Train/ Air /Recognised public Transport fare for the family to any destination in India, by
LTA can
u/s 24 be claimed
There twice in a block
is an Exemption of 4 calendar
for interest years.loan.(for
on housing The current
Selfblock is from
occupied 01.01.2006
Residence). If to
the31.12.2009. For claim,
loan was taken beforeitApr
is must to provide
1, 1999 exemp
loan was taken after Apr 1, 1999 exemption is limited to Rs.1,50,000/- per year if the house is self-occupied; There is no limit if the house is r
This exemption is available on accrual basis, which means if interest has accrued, you can claim exemption, irrespective of whether you've p

If you have rented out your house, enter the total income/loss from the house (after deducting property tax and standard maintenance expe
u/s 80D Medical Insurance (such as Mediclaim & Critical illness Cover) premium is exempt upto Rs. 30,000/ per year (Rs 15,000/- for self,sp
for a dependent who is above 65 years of age, an extra Rs.15,000//- can be claimed.

u/s 80DD Deduction in respect of medical treatment of handicapped dependents is limited to Rs.75,000/- per year if the disability is less
the disability is more than 80%
u/s 80DDB Deduction in respect of medical treatment for specified ailments or diseases for the assesse or dependent can be claimed
person being treated is a senior citizen, the exemption can go up to Rs.60,000/-. but any amount received under Medical Insurance Polic
deduction allowed. The Diseases and ailments specified under rule 11DD are.
(1)neurological diseases being demetia, dystonia musculorum deformans, motor neuron disease, ataxia, chorea, hem
disease, (2) cancer, (3) AIDS, (4)Chronic renal failure, (5) hemophilia, and (6) thalassaemia.
u/s 80E Interest repayment on education loan (taken for higher education from a university of self & dependents) is completely tax exemp

u/s 80G Donations given for certain charities are tax exempt. Some are exempt to the tune of 50%, whereas others are 100%.
u/s 80GG If you do not get HRA, but have rented a house, an exemption is available. This will be calculated as minimum of (25% of total inco
Rs.24,000/- per year)
Interest earned from all sources is to be included. All interest income is fully taxable
u/s 80U If you have a permanent physical disability (including blindness), you can take an exemption (subject to maximum of Rs.75,000/-
u/s 80C Investments up to 1 lac in PF, VPF, PPF, Insurance Premium, Housing loan principal repayment, NSC, ELSS, etc. are deductible fro
individual items, for example 1 lac can be invested in Insurance, )
HOW TO GET AN UPDATE
This tax calculator constantly gets updated to fix errors found as well as to add new features
This may also be changed when there are changes in tax rules that affect income tax computation
You can send an e-mail for the current version of tax calculator, within a day or two. Once you send a request for our calculator. In
version autimatically.whenever I update,
I PROVIDE SERVICES FOR
TAX ASSESSMENT(CALCULATION)
IT RETURNS
PAN CARD
CUSTIMISED SAVINGS/INVESTMENTS/ INURANCE SOLUTIONS (LIFE/ NON LIF
CALL M E F O R P R E S E N T A T I O N : B. P. C H O U D A R Y P h : 9 8 1 1 3 0 2 4 9 7, 9 2 1 1 1
1577 SECTOR-5 R.K.PURAM NEW DELHI-110022

ADVISE

Mostly people gives estimated declaration at year starting to minimise their Tax Liabilities but could not save up to la
months, so it is advisable to save from start on monthly basis through Bank ECS as a SAP ,
touch with me for Tax saving schemes to mininimize your Tax liabilities. I am providing consultancy for Tax assessme
investment Plans .

Вам также может понравиться