Particulars Amt Remarks

Q1 Basic Salary 100000

Dearness Allowance 4000
Special Pay 2000
Uniform Allowance 5000 (Bill Submitted for 4000)

(No Bill Submitted but

declaration given of
Academic Allowance 4000 amount spent)
Travelling Allowance 6000 (Bill Submitted for 6500)
(200*30 days,he came to
Daily Allowance 6000 work for 26 days)

5200
What is Gross Salary,TDS and Net Salary

PARTICULARS AMT RECD EXEMPT

Basic Salary 100000 0
Dearness Allowance 4000 0
Special Pay 2000 0
Uniform Allowance 5000 4000
Academic Allowance 4000 4000
Travelling Allowance 6000 6000
Daily Allowance 6000 5200
TOTAL 127000 19200

PARTICULARS AMOUNT
GROSS SALARY 127000 18-19
MONTHLY TAXABLE SALARY 107800
INCOME FROM SALARY 1293600
LESS STANADRD DEDUCTION 40000
NET INCOME FROM SALARY 1253600
TAX 188580
REBATE 0
NET TAX 188580
CESS 4% 7543.2
TAX+ CESS 196123.2
MONTHY TDS 16343.6
NET SALARY 110656.4
TAXABLE
100000
4000
2000
1000
0
0
800
107800

1253600
250000 0% 0
250000 5% 12500
500000 20% 100000
253600 30% 76080
0 188580
Q2
Particulars Amt Remarks
Basic Salary 40000
Lunch Allowance 4000
Transport Allowance 2500 (No Bill Submitted)
Children Education Allowance 4500 (1500*3 children)
Variable Pay 30000

What is Gross Salary,TDS and Net Salary

PARTICULARS AMT RECD EXEMPT TAXABLE

Basic Salary 40000 0 40000
Lunch Allowance 4000 0 4000
Transport Allowance 2500 0 2500
Children Education Allowance 4500 200 4300
Variable Pay 30000 0 30000
Total 81000 200 80800

PARTICULARS AMOUNT
GROSS SALARY 81,000.00
MONTHLY TAXABLE SALARY 80,800.00
INCOME FROM SALARY 969,600.00
LESS STANADRD DEDUCTION 40,000.00
NET INCOME FROM SALARY 929,600.00 929600
TAX 98,420.00 250000
REBATE - 250000
NET TAX 98,420.00 429600
CESS 4% 3,936.80 0
TAX+ CESS 102,356.80 0
MONTHY TDS 8,529.73
NET SALARY 72,470.27
 0% 0
5% 12500
20% 85920
30% 0
98420
Q3
Particulars Amt Remarks
Basic Salary 40000
Lunch Allowance 4000
Transport Allowance 2500 (No Bill Submitted)
Children Education Allowance 4500 (1500*3 children)
Variable Pay 30000

(Rent receipts
submitted of 18000 of
gurgaon,he lives in
gurgaon and works in
HRA 15000 delhi)

What is Gross Salary,TDS and Net Salary

PARTICULARS AMOUNT RECEIVED EXEMPT

Basic Salary 40000 0
Lunch Allowance 4000 0
Transport Allowance 2500 0
Children Education Allowance 4500 200
Variable Pay 30000 0
HRA 15000 14000
TOTAL 96000 14200

PARTICULARS AMOUNT
GROSS SALARY 96,000.00
MONTHLY TAXABLE SALARY 81,800.00
INCOME FROM SALARY 981,600.00
LESS STANADRD DEDUCTION 40,000.00
NET INCOME FROM SALARY 941,600.00
TAX 100,820.00
REBATE -
NET TAX 100,820.00
CESS 4% 4,032.80
TAX+ CESS 104,852.80
MONTHY TDS 8,738.00
NET SALARY 87,262.00

Working Note for HRA

 Particular Amount
actual amt receive 15000
rent paid -10% of basic 14000
40% of basic 16000
AMOUNT EXEMPT 14000
TAXABLE
40000
4000
2500
4300
30000
1000
81800

941600
250000 0% 0
250000 5% 12500
441600 20% 88320
0 30% 0
0 100820
Q4
Particulars Amt Remarks
Basic Salary 40000
Lunch Allowance 4000
(No Bill
Transport Allowance 2500 Submitted)
(1500*3
Children Education Allowance 4500 children)
Variable Pay 30000

(Rent
agreement of
18000 of
gurgaon,he
lives in
gurgaon and
works in
delhi,no rent
HRA 15000 receipts)

What is Gross Salary,TDS and Net Salary

PARTICULARS AMOUNT RECEIVED EXEMPT

Basic Salary 40000 0
Lunch Allowance 4000 0
Transport Allowance 2500 0
Children Education Allowance 4500 200
Variable Pay 30000 0
HRA 15000 0
TOTAL 96000 200

PARTICULARS AMOUNT
GROSS SALARY 96,000.00
MONTHLY TAXABLE SALARY 95,800.00
INCOME FROM SALARY 1,149,600.00
LESS STANADRD DEDUCTION 40,000.00
NET INCOME FROM SALARY 1,109,600.00
TAX 145,380.00
REBATE -
NET TAX 145,380.00
CESS 4% 5,815.20
TAX+ CESS 151,195.20
MONTHY TDS 12,600.00
NET SALARY 83,400.00

ACTUAL HRA 15000

RENT PAID-10%*(BASIC+DA) -16000
40%*(BASIC+DA) 16000
MINIMUM IS EXEMPT 0
TAXABLE
40000
4000
2500
4300
30000
15000
95800

1,109,600.00
250000 0% 0
250000 5% 12500
500000 20% 100000
109600 30% 32880
0 145380
Q5
Particulars Amt Remarks
Basic pay 60000
DA(dearness Allowance) 10000

(25 days
*200/day,h
e came to
work for 23
DA (Daily Allowance) 5000 days)

(He lives
and works
in
Bangalore
an pays
rent of
HRA 15000 16000)
Special Allowance 7000
CCA (City Compensatory Allowance_) 2000
(Received
Annual Incentive 25000 In April)

What is Gross Salary,TDS and Net Salary

PARTICULARS AMOUNT RECEIVED EXEMPT

Basic pay 60000 0
DA(dearness Allowance) 10000 0
DA (Daily Allowance) 5000 4600
HRA 15000 9000
Special Allowance 7000 0
CCA (City Compensatory Allowance_) 2000 0
Annual Incentive 25000 0
TOTAL 124000 13600

Particular Amount
GROSS SALARY 124,000.00
MONTHLY TAXABLE SALARY(EXCLUDING
INCENTIVE) 85,400.00
ANNUAL SALARIES 1,024,800.00
ANNUAL INCENTIVE 25,000.00
INCOME FROM SALARIES 1,049,800.00
LESS STANADRD DEDUCTION 40,000.00
NET INCOME FROM SALARY 1,009,800.00
TAX 115,440.00
REBATE -
NET TAX 115,440.00
CESS 4% 4,617.60
TAX+ CESS 120,057.60
MONTHY TDS 10,005.00
NET SALARY 113,995.00

Particular Amount
ACTUAL HRA 15000
RENT PAID-10%*(BASIC+DA) 9000
40%*(BASIC+DA) 28000
MINIMUM IS EXEMPT 9000
TAXABLE
60000
10000
400
6000
7000
2000
25000
110400

1024800

18-19
1,009,800.00
250000 0% 0
250000 5% 12500
500000 20% 100000
9800 30% 2940
0 115440

70000 7000
Q6
Particulars Amt Remarks
Basic pay 60000
DA(dearness Allowance) 10000

(25 days *200/day,he

came to work for 23
DA (Daily Allowance) 5000 days)

(He lives and works in

Bangalore an pays
HRA 15000 rent of 16000)
Special Allowance 7000
CCA (City Compensatory Allowance_) 2000
Annual Incentive 25000 (Received In sept)

Calculate TDS from April to Aug and Sept to March separately)

PARTICULAR AMOUNT REC EXEMPTIONS

Basic pay 60000 0
DA(dearness Allowance) 10000 0
DA (Daily Allowance) 5000 4600
HRA 15000 9000
Special Allowance 7000 0
CCA (City Compensatory Allowance_) 2000 0
Annual Incentive 25000 0
124000 13600

Working Note for HRA

PARTICULAR APRIL -AUG SEP - MARCH

GROSS SALARY 99,000.00 124,000.00
MONTHLY TAXABLE SALARY(EXCLUDING
INCENTIVE) 85,400.00 85,400.00
ANNUAL SALARIES 1,024,800.00 1,024,800.00
ANNUAL INCENTIVE - 25,000.00
INCOME FROM SALARIES 1,024,800.00 1,049,800.00
LESS STANADRD DEDUCTION 40,000.00 40,000.00
NET INCOME FROM SALARY 984,800.00 1,009,800.00
TAX 109,460.00 115,440.00
REBATE - -
NET TAX 109,460.00 115,440.00
CESS 4% 4,378.40 4,617.60
TAX+ CESS 113,838.40 120,057.60
MONTHY TDS 9,487.00 10,375.00
NET SALARY 89,513.00 113,625.00

Particular Amount
TOTAL TAX 120,057.60
LESS: TAX ALREADY DEDUCTED 47,435.00
BALANCE TAX 72,622.60
BALANCE MONTHS 7.00
BALANCE TDS 10,374.66
TAXABLE
60000
10000
400
6000
7000
2000
25000
110400

1,009,800.00
250000 0% 0
250000 5% 12500
500000 20% 100000
9800 30% 2940
0 115440
Q7
SALARY INCREASE DURING YEAR

PARTICULARS APRIL TO NOV DEC-MARCH

BASIC 30000 33000
Transport 2500 2750
Special Pay 40000 44000
CEA 500 550

HRA 15000 16500

Calculate tds from April to Nov and Dec-March

APRIL TO NOV
AMOUNT
PARTICULARS RECEIVED EXEMPT
BASIC 30000 0
Transport 2500 0
Special Pay 40000 0
CEA 500 100
HRA 15000 12000
TOTAL 88000 12100

Working Note for HRA

APRIL-NOV DEC-MARCH
GROSS SALARY 88,000.00 96,800.00
MONTHLY TAXABLE
SALARY 75,900.00 83,500.00
INCOME FROM
SLARIES 910,800.00 941,200.00
LESS STANADRD
DEDUCTION 40,000.00 40,000.00
NET INCOME FROM
SALARY 870,800.00 901,200.00
TAX 86,660.00 92,740.00
REBATE - -
NET TAX 86,660.00 92,740.00
CESS 4% 3,466.40 3,709.60
TAX+ CESS 90,126.40 96,449.60
MONTHY TDS 7,511.00 9,090.00
NET SALARY 80,489.00 87,710.00

ACTUAL HRA 15000 16500

RENT PAID-
10%*(BASIC+DA) 13500 15700
40%*BASIC+DA 12000 13200
MINIMUM EXAMPT 12000 13200
DEC. MARCH
ACTUAL HRA
RENT PAID-
10%*(BASIC+DA)
40%*BASIC+DA
MINIMUM EXAMPT

Working Note

Particulars Amount
TOTAL TAX 96,449.60
LESS TAX ALREADY
DEDUCTED 60,088.00
BALANCE TAX 36,361.60
BALANCE MONTH 4.00
TDS 9,090.40
 Remarks

(for 1 child)
(rent receipts submitted for
19000 pm)

APRIL TO NOV DEC-MARCH

AMOUNT
TAXABLE RECEIVED EXEMPT TAXABLE
30000 33000 0 33000
2500 2750 0 2750
40000 44000 0 44000
400 550 100 450
3000 16500 13200 3300
75900 96800 13300 83500

901,200.00
250000 0% 0

250000 5% 12500 75900 8

401200 20% 80240 83500 4

0 30% 0

0 92740
 13200
19000 3300 15700

16500 3000 13500

12000
607200

334000

941200
Q8
Particulars Amt Remarks
Basic Salary 40000
Lunch Allowance 4000

Transport Allowance 2500 (No Bill Submitted)

Children Education Allowance 4500 (1500*3 children)
Variable Pay 30000

(He had given

declaration that he
would submit Rent
receipts by march
of 18000 but in
March had failed to
HRA 15000 do so)

CALCULATE TDS from April to Feb and in March

APRIL TO FEB
AMOUNT
PARTICULARS RECEIVED EXEMPT TAXABLE
Basic Salary 40000 0 40000
Lunch Allowance 4000 0 4000
Transport Allowance 2500 0 2500
Children Education Allowance 4500 200 4300
Variable Pay 30000 0 30000
HRA 15000 14000 1000
TOTAL 96000 14200 81800

Working Note for HRA

ACTUAL HRA 15000 15000

RENT PAID-10%*(BASIC+DA) 14000 -4000 0
40%*(BASIC+DA) 16000 16000
MINIMUM IS EXEMPT 14000 0

APRIL-FEB MARCH
GROSS SALARY 96,000.00 96,000.00
MONTHLY TAXABLE SALARY 81,800.00 95,800.00
INCOME FROM SLARIES 981,600.00 1,149,600.00
LESS STANADRD DEDUCTION 40,000.00 40,000.00
NET INCOME FROM SALARY 941,600.00 1,109,600.00
TAX 100,820.00 145,380.00
REBATE - -
NET TAX 100,820.00 145,380.00
CESS 4% 4,032.80 5,815.20
TAX+ CESS 104,852.80 151,195.20
MONTHY TDS 8,738.00 55,077.00
NET SALARY 87,262.00 40,923.00

He has not given receipts for the whole year hence we ll take 12 months

Working Note

Particular Amount
TOTAL TAX 151,195.20
TAX DEDUCTED 96,118.00
BALANCE TAX 55,077.20
BALANCE MONTH 1.00
TDS 55,077.20
MARCH
AMOUNT
RECEIVED EXEMPT TAXABLE
40000 0 40000
4000 0 4000
2500 0 2500
4500 200 4300
30000 0 30000
15000 0 15000
96000 200 95800

4000 -4000
16000

1,109,600.00
250000 0% 0
250000 5% 12500
500000 20% 100000
109600 30% 32880
0 145380
Q9
Particulars Amt
Basic Salary 40000
Lunch Allowance 4000
Transport Allowance 2500
Children Education Allowance 4500
Variable Pay 30000

HRA 15000

CALCULATE TDS from April to Feb and in March

APRIL-FEB

AMOUNT
PARTICULARS RECEIVED
BASIC SALARY 40000
LUNCH 4000
TRANSPORT 2500
CHILDREN EDU. A 4500
VARIABLE PAY 30000
HRA 15000

TOTAL 96000

APRIL-FEB
WORKING NOTE FPR HRA
ACTUAL HRA 15000
RENT PAID-10%*(BASIC+DA) 14000
40%*BASIC+DA 16000
MINIMUM EXAMPT 14000

MARCH
ACTUAL HRA 15000
RENT PAID-10%*(BASIC+DA) 9000
40%*BASIC+DA 16000
MINIMUM EXAMPT 9000
Working Note for HRA

APRIL-FEB
GROSS SALARY 96,000.00
MONTHLY TAXABLE SALARY 81,800.00
INCOME FROM SLARIES 981,600.00
LESS STANADRD DEDUCTION 40,000.00
NET INCOME FROM SALARY 941,600.00
TAX 100,820.00
REBATE -
NET TAX 100,820.00
CESS 4% 4,032.80
TAX+ CESS 104,852.80
MONTHY TDS 8,738.00
NET SALARY 87,262.00

Particular Amount
TOTAL TAX 105,892.80
TAX DEDUCTED 96,118.00
BALANCE TAX 9,774.80
BALANCE MONTH 1.00
TDS 9,774.80
Remarks

(No Bill Submitted)

(1500*3 children)

(He had given declaration

that he would submit Rent
receipts by march of 18000
but in March submitted only
of 13000)

MARCH

AMOUNT
EXAMPT TAXABLE RECEIVED EXAMPT TAXABLE
0 40000 40000 0 40000
0 4000 4000 0 4000
0 2500 2500 0 2500
200 4300 4500 200 4300
0 30000 30000 0 30000
14000 1000 15000 9000 6000

14200 81800 96000 9200 86800

18000 4000 14000

16000

13000 4000 9000

16000
 81800 11 899800
MARCH 86800 1 86800
96,000.00 986600
86,800.00
986,600.00
40,000.00 946,600.00
946,600.00 250000 0% 0
101,820.00 250000 5% 12500
- 446600 20% 89320
101,820.00 0 30% 0
4,072.80 0 101820
105,892.80
9,775.00
86,225.00