TABLE NO.

3 FINAL RESULT
INCOME FROM SALARY SIMPLIFIED MEANING
SALARY (EXCLUDING ALL ALLOWANCES,
PERQUISTS AND PROFIT IN LIEU OF SALARY) BASIC SALARY
ADD: ALLOWANCES NOT EXEMPT TAXABLE ALLOWANCES

Y
ADD: VALUE OF PERQUISITES SALARY OTHER THAN CASH

R
ADD: PROFIT IN LIEU OF SALARY % INCENTIVES

A
LESS: DEDUCTION U/S 16

I N
INCOME CHARGEABLE UNDER THE HEAD SALARY

R D
TABLE NO. 2 - CALCULATION OF ALLOWANCE NOT EXEMPT

O
SALARY AS PER PROVISION CONTAINED IN SEC 17 (1) BASIC SALARY + TAXABLE ALLOWANCES + NON TAXABLE AL
LESS : NON TAXABLE ALLOWANCES DIRECTLY GIVEN IN FORM 16
BASIC SALARY + TAXABLE ALLOWANCES

N
LESS: BASIC SALARY AS PER MONTHLY CALCULATION

A
VALUE OF TAXABLE ALLOWANCES

Note: only yellow fields are to be filled up

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 NAL RESULT TABLE NO. 1
WHERE TO FIND PRACTICAL MONTH SALARY

TABLE NO 1 240735 APR'17 18352

TABLE NO 2 429718 MAY'17 18352

Y
DIRECT FIGURE IN FORM 16 0 JUN'17 18352

R
DIRECT FIGURE IN FORM 16 0 JUL'17 20631

A
DIRECT FIGURE IN FORM 16 2288 AUG'17 20631

IN
668165 SEP'17 20631

D
OCT'17 20631
F ALLOWANCE NOT EXEMPT NOV'17 20631
TAXABLE ALLOWANCES + NON TAXABLE ALLOWANCES 670453 DEC'17 20631
DIRECTLY GIVEN IN FORM 16 0 JAN'18 20631
ASIC SALARY + TAXABLE ALLOWANCES 670453 FEB'18 20631
AS PER MONTHLY CALCULATION 240735 MAR'18 20631
VALUE OF TAXABLE ALLOWANCES 429718 TOTAL 240735

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