Page 1 of 6

INCOME TAX CALCULATOR

Dearness Allowance

FOR THE (FY)2014-15 & (AY) 2015-16

(KVS EMPLOYEES CAN USE THIS CALCULATOR)
Name of the Employee

1-Jan-14

100

Designation

1-Jul-14

107

PAN NUMBER

Kendriya Vidyalaya

MALE / FEMALE
Enter City code where you are posted( Othere Cities=OC, A1&A Cities=A1)

DA hiked on January '14

10%

If Govt. Qr. Not Allotted in the city coming under ("X"[30%], "Y"[20%] & "Z"[10%]) or If
you are in Govt Accomodation then "N"

Basic Pay in Pay band as on 1st April 2014

EASY TO KNOW
YOUR TAX

Grade Pay as on 1st April 2014

IF YOU ARE HANDICAPED "YES"/"NO"
PLEASE MENTION WHETHER YOU ARE(NRDCPS/GPF/CPF) HOLDER

Transport Allowance (Automatically coming according to City)

36000

FEB

JAN

DEC

AMOUNT
NOV

OCT

SPET

AUG

JULY

JUNE

MAY

APRL

MARCH

NATURE OF
LEAVE

Rebate of the Tr.Allowance

FALSE

PARTICULARS (HPL/EOL)

2014-15(FY) &
2015-16(AY)

TOTAL

HPL

EOL

0
0

Total
Basic Pay with 1st July
Increment counted
automatically(3% of BP+GP)

Grade Pay

Dearness
Allowance (Arrear

Trasport
Allowance

included)

(INCLUDING DA)

Houserent
Allowance

SAVINGS u/s 80C,80CCC

&80CCD(Chapter VIA)

DA arrear Jan &

Govt.
Feb
Contribution to
(BP+GP & TA)
the NPS

Children Education Allowance

Provident Fund

Leave Encashment under LTC during the year

Insurance Premium

Allowances received during the year (Like Family Planning

Allowance etc.)

P.P.F.

Cash Handling + FPA

Principal amount against House

Building Advance

Bonus received
Amount received during the year

NIOS ,JEE & others

Any other Income during the year

Any other Income (Bank interest etc)
Any other Income (House property)

If EOL/Excess payment during the year

Over payment recovery

TOTAL INCOME
Deduction of Tr. Allowance as per applicable

Net Income

Govt. Contribution to the New Pensioner u/s

80CCD-2 limited to 10% of salary

Own Contribution to the New Pensioner u/s

80CCD-1 limited to 10% of salary

Any other Savings

Any other Savings

Total

Infrastructure Bond

Total

1%

Total

Under section 80U (Employee suffering from Physical Disability)

Tax on Employeement (Prof. Tax)

Mediclaim/Health Insurance 80D (15,000/-[20,000/-member

of family sr.citizen])

10% of the
Salary

House Rent paid

excess of 10%
salary

HRA
Received

Rebate

3%

TAX DEDUCTION AT SOURCE

THROUGH PAY BILLS
Tax deducted Month

Under section 80G (Various Donations)

0
0

Rehabilitation of Handicapped Dependent Relative

80DD,50000 {75000 severe disability}

May

Medical Expenditure on Self or Dependent Relative 80DDB[40000/-(60,000

sr.citizen of dep.family member)]

June
July
August
September

Total net Income

0
0
0

SAVINGS u/s 80C,80CCC &80CCD

Taxable Income
Rounded to nearest Rupee
Tax
Deduction u/s 87A, those Income less than 5,00,000/- & below

October
November

December
January
February
March

Relief under section 89(Details are atched)

Actual Tax Due

0
FALSE

Amount

March
April

FALSE

Tax Due / Excess

2%

HS Edu.Tax

Interest on Loan for Higher Studies 80E

Education tax & Cess 3%

Net Tax Due
At source deduction

Education Cess

Interest paid on House Building Advance u/s 24(1)(vi) Self

Occupied/residential property (30,000/2,00,000)

House Rent
paid

Tuition Fee

Children Education Allowance rebate u/s 2BB(5) Rs.1200/- p.a, Hostel

subscidy Rs.3600/- p.a u/s 2BB(6)

Under section
80GG (House
Rent Paid)

NSC Certificate/NSC
Interest

0
0
0

Total

If any body finds any calculation mistake or further guidence, please inform me through e-mail (gkrao_kv@yahoo.co.in). If you are satisfied with this calculator, please send me an appriciation letter to my school address.

Prepared by: G.Kondal Rao, UDC(1st UDC in KVS National Incentive Awardee 2009), KV, IIT, Kharagpur (Mobil No.09233369815 Land Line 03222-242203 (R), 277223(O)

Date:____________

Sig.of the Employee

Page 2 of 6

FORM 16 part 'B'

[ see rule 31 (1) (a)
Certified under Section 203 of the Income-Tax act 1961 for tax
deducted at source from income under the head "Salaries
Name & address of Employer
THE PRINCIPAL
KENDRIYA VIDYALAYA,
[under KVS(HQ), New Delhi, an Autonomous Body under HRM, Govt. of India]
PAN No. of the Deductor
TAN No. of the Deductor

Period

Acknowledgement No. of all quarterly statement of TDS under sub -section

(3) of section 200as provided by TIN Facilitation Centre or NSDL web site
Quarter

Name & designation of Employee

0
0
0
PAN No. of the Employee
0

NAME:
DESIGNATION:
K.V.

Assesment Year
From

To

2013

2014

Acknowledgement No.

Quarter-1
Quarter-2

2114-15

Quarter-3
Quarter-4
DETAILS OF SALARY PAID, OTHER INCOME AND TAX DEDUCTED
1

Gross salary
(a) Salary as per provision contained in section 17(I)
(b) Value of perquisities under section 17(2) (asper Form no. 12BA, whereapplicable
(c) Profit in lieu of salary under section 17(3) (asper Form no. 12BA, whereapplicable

Transportallowances/conveyance Residence-Office

Under section 80U (Employee suffering from Physical Disability)

Under section 80G (Various Donations)

Total
Balance (1-2 )

Deduction under section 16:

5
6
7

8
9

(d) Total
Less Allowances to the extent exempt under section 10 (80GG)

(a) Entertainment allowance

,,0

(b) Tax on Employment

,,0

Agregate of 4 (a) and (b)

Income chargeable under the head "Salaries" (3-5)
Add: any other income reported by employee
Bank Interest
House property income
Leave encashment etc.
Any arrear received during the year
Total

,,0

,,0
U/s
0
0
0
0
0

,,0

Gross Total Income (6+7)

Deductions Under Chapter VI
A. Section 80C, 80CCC and 80CCD
a) Section 80C
(i) GPF/CPF/PPF
(ii) LIC Premium
(iii) P.P.F.
(iv) HB refund
(iv) NSC Interest
(v)Tuition Fee
(vi)Any other
b) Section 80 CCD(Govt. Share)
c) Section 80 CCD(Employee Share)
Infrastructure Bond
TOTAL
B. Other Sections Under Chapter VI A
House Building interest
Interest on Loan for Higher Studies 80E
Mediclaim/Health Insurance (upto 15,000/-)
Any other amount rebate under rules (HC,Medical etc)
Leave encashment etc.

Total (B)
10

Aggregate of deductible amount under Chapter VI

11

Total Income 8-10)

12

Tax on total income

17

Deduction u/s 87A, those Income less than 5,00,000/- & below

16

Relief under section 89(attach details)

Gross Amt

Deductible Amt

,,0
,,0
,,0
,,0
,,0
,,0

,,0
,,0
,,0
,,0
,,0
,,0

,,0
,,0

,,0
,,0
,,0

,,0
Gross Amt

Qualifying Amt
,,0
,,0
,,0
,,0
,,0

Deductible Amt
,,0
,,0
,,0
,,0
,,0
,,0
,,0
,,0
,,0

,,0

,,0
,,0
FALSE
,,0
,,0
,,0
,,0

Tax DUE
13

Surcharge

14

Education Cess

18

TDS As deduction

19

Less (a) Tax deducted at source u/s 192(1)

Prepared By__________

FALSE
,,0
P.T.O

Page 3 of 6

20

less (b) Tax paid by the employer on the behalf of the employee under section 192(1A) on perquisites under section
17(2)

21

Tax Payble/(refundable (17-18)

SN

TDS Rs

1
2
3
4
5
6
7
8
9
10
11
12
Total

Surchare

,,0

Education
Rs

0
0
0
0
0
0
0
0
0
0
0
0
0

DETAILS OF TAX DEDUCTED AND DEPOSITED INTO CENTRAL GOVT ACCOUNT

( The deductor is to provide transction -wise detail of tax deducted and deposited)
Total tax
Cheque/DD No.
BSR Code of bank Branch

Date on which tax

deposited

Transfer voucher
identification

0
0
0
0
0
0
0
0
0
0
0
0
0

I, --------------------- son of -------------------------------- working in the capicity of Principal, ---------------------------- do hereby certified that
a sum of Rs.
0
I further certified that the above information is true and correct based on the books of accounts, documents and other available records.
Place:

Signature of person responsibe for tax deduction

Full Name:

Date:

Designation:

PRINCIPAL
(Drawing & Disbursing Officer)(Seal)

Prepared By__________

P.T.O

MONTH

NO OF BASIC PAY GRADE PAY

DAYS
March
31
0
0
April
30
0
0
DA-I
May
31
0
0
June
30
0
0
July
31
0
0
August
31
0
0
September
30
0
0
DA-II
Bonus
October
31
0
0
November
30
0
0
December
31
0
0
January
31
0
0
February
28
0
0
Family Planing Allowance & Cash handling allowance
Children education Allowance
Any arrear received during the year
Bank Interest
Leave Encashment under LTC during the year

TOTAL

Name of the Employee

Designation
School Name KV
PAN No.

0
0
0
0

Prepared By: G Kondal Rao,UDC,KVIIT,Kharagpur

PAY BILL STATEMENT FOR THE YEAR 2014-15

DRAWN STATEMENT
TR.ALL
DA ON TA
HRA
0

DA
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

FALSE
FALSE
FALSE
FALSE
FALSE
FALSE
FALSE

FALSE
FALSE
FALSE
FALSE
FALSE

0
0
0
0
0
0
0
0
0

FALSE
FALSE

0
0
0
0
0

FALSE
FALSE
FALSE
FALSE
FALSE

M/S

ANY OTHER

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

FALSE
FALSE
FALSE
FALSE
FALSE

HPL/EOL

TOTAL
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0

0
DA
DA
DA

Checked By:

0
w.e.f.
w.e.f.
w.e.f.

0
1st July 13
1st Jan 14
1st July 14

90%
100%
107%

PRINCIPAL

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

12365

370.95
370

12400

372

0.95

-0.95

MOD(I14,10) IF(K14 <1,-K14,10-K14)

370

L14+I14