INSTRUCTIONS

WWW.SIMPLETAXINDIA.NET
REPORT ERROR:GUPTARAJIN2002@YAHOO.CO.IN
1

Only yellow cells to be filled in calculation sheet ,other sheets /cells are
protected .If arrear is related to few year than years provided in the sheet, fill zero
in other non required years.

Fill M for male and F for female and S for Sr Citizen(calculator is not working for
very senior citizen).You must select the status in each year. Make sure that status
has been selected correctly

Fill Total Income excluding arrears ,including all other income and after all the deduction
like section 80C,80CC,80D,80G ...........80U etc.

Fill year wise break up of arrear received in financial year 2015-16 under respective
years.Total will autometically shown under FY 2015-16 .

Nothing to fill here ,result is out ,if total A >Total B then relief under section 89(1) will be
shown ,otherwise 0 will be shown .Further Form 10E with relevant annexure will also be
filled automatically including table-1

Calculator updated on 04/08/2015 after considering new exemption slab in budget 2015 . For any query click link

Page 1

INSTRUCTIONS

Page 2

calculation
NAME

B P AGARWAL

Note

Designation

EE

office/Department

PPMM

PAN
2

M=Male,F=Female,S=Sr Citizen

Financial year
3

Total Income as per Income

tax returns excluding arrears

Arrears of salary

ADZPA5721A
M

M
M
M
M
M
M
M
M
Calculation of Relief under section 89(1)
2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07
1123216 830630
0
0
0
0
0
0
0
0

211078

211078.00

Financial year

0
0
0
0
0
0
0
0
TAX ON RECEIPT BASIS
2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07

Total Income excdg arrears

1123216

830630

1334294

830630

225288

91126

225288

91126

6759

2734

232047

93860

Financial year

0
0
0
0
0
0
0
0
TOTAL TAX (A)
TAX ON ACCRUAL BASIS
2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07

1123216

830630

211078

1123216 1041708

Add: Arrears of salary

Total Income
Tax on total income
Add - Surcharge
Tax with Surcharge
Add - Education cess
Total tax

211078

Add: Arrears of salary

Total Income
Tax on total income
Add - Surcharge
Tax with Surcharge
Add - Education cess

161965

137512

161965

137512

4859

4125

Downloaded from :www.simpletaxindia.net

calculation
Total tax

166824

141638

Total Tax (B)

5

Relief U/S 89(1)

Total tax (A)- Total Tax (B)

Downloaded from :www.simpletaxindia.net

calculation

M
2005-06
0

0
2005-06
0

0
0
0
0
0
0
325907
2005-06
0
0
0
0
0
0
0
Downloaded from :www.simpletaxindia.net

calculation
0
308462
17445

Downloaded from :www.simpletaxindia.net

Table A

TABLE "A"
[See item 7 of Annexure 1]
Previous Total income of
year the relevent
previous
year(Rs.)

(1)

Salary received Total income

in arrears or
(as increased
advance
by salary
relating to the received in
relevent
arrears or
previous year advance) of the
as mentioned in relevent
column (1)
previous year
(Rs.)
mentioned in
column (1)
(Rs.)

Tax on total
income [as per
column (2)After Rebate
and including
Edn Cess and
Surcharge]
(Rs.)

Tax on total
income[as per
column (4)
After Rebate
and including
Edn Cess and
Surcharge]
(Rs.)

Difference in
tax [Amount
under column
(6) minus
amount under
column (5)]
(Rs.)

(2)

(3)

(4)

(5)

(6)

(7)

2005-06

2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

2013-14

2014-15

830,630

211,078

1041708

93,860

141,638

47,778

830,630

211,078

1,041,708

93,860

141,638

47,778

TOTAL

Signature:

Place:
Date:

Name:
Designation:
Dept:

B P AGARWAL
EE
PPMM

Download Free from :www.simpletaxindia.net

Annx I

ANNEXURE-I
[See item 2 of Form No.10E]

Arrears or advance salary

Sl
No.

Particulars

Total income (excluding salary received in arrears or advance)

Salary received in arrears or advance

Total income (as increased by salary received in arrears or advance) [Add item 1 and
item 2]

Tax on total income [as per item 3]

Tax on total income [as per item 1]

Tax on salary received in arrears or advance [Difference of item 4 and item 5]

Tax computed in accordance with Table "A" [Brought from column 7 of Table A]

Relief under Section 89(1) [Indicate difference between the amounts mentioned
against item 6 and item 7]

Signature:
Name:
Desi

B P AGARWAL
EE

Download Free from :www.simpletaxindia.net

Annx I

Amount (Rs.)
1,123,216
211,078
1,334,294
232,047
166,824
65,223
47,778
17,445

WAL

Download Free from :www.simpletaxindia.net

Form 10E

FORM NO.10 E
[See rule 21AA]
Form for furnishing particulars of income under section 192(2A) for the year ending 31 st March, 2016 for
claiming relief under section 89(1) by a Government servant or an employee in a 2[company,co-operative
society,local authority ,university, institution,association or body]

B P AGARWAL
1

Name and address of the employee

2
3

Permanent account number

Residential status

ADZPA5721A
RESIDENT AND ORDINARILY RESIDENT

Particulars of income referred to in rule 21A of the Income-tax Rules, 1962,during the previous year relevant
to assessment year 2016-17(Rs.)
1 (a)
(b)

Salary received in arrears or in advance in accordance with the provisions of sub-rule (2)
of rule 21A.

211078

Payment in the nature of gratuity in respect of past services, extending over a period of
not less than 5 years in accordance with the provisions of sub-rule (3) of rule 21A.

Nil

Payment in the nature of compensation from the employer or former employer at or in

connection with termination of employment after continuous service of not less than 3
years or where the unexpired portion of term of employment is also not less than 3 ye

Nil

Payment in commutation of pension in accordance with the provisions of sub-rule (5) of

rule 21A

Nil

(c)

(d)

2 Detailed particulars of payments referred to above may be given in Annexure I,II,IIA,III, or IV as the case
may be.
Twelfth

Signature of the employee

Verification

I,

B P AGARWAL

,do hereby declare that what is stated above

is true to the best of my knowledge and belief.

Verified today, the

Place
Date

Day of

Signature of the employee

Download Free from :www.simpletaxindia.net

1. Increase in the limit of deduction in respect of health insurance premium from Rs.15,000 to Rs.25,000.(read details of chang

2. For senior citizens the limit will stand increased to Rs.30,000 from the existing Rs.20,000.(read details of changes in Section

3. For very senior citizens of the age of 80 years or more, who are not covered by health insurance, deduction of Rs.30,000 tow

4. The deduction limit of Rs.60,000 towards expenditure on account of specified diseases of serious nature is proposed to be e

5. Additional deduction of Rs.25,000 will be allowed for differently abled persons under Section 80DD and
Section 80U of the Income-tax Act.

6. The limit on deduction on account of contribution to a Pension Fund and the New Pension Scheme is proposed to be increas

7. To provide social safety net and the facility of pension to individuals and additional deduction of Rs.50,000 is proposed to be

8. Investments in Sukanya Samriddhi Scheme is already eligible for deduction under Section 80C. All payments to the beneficia

9. Transport allowance exemption is being increased from Rs.800 to Rs.1,600 per month.

10. For the benefit of senior citizens, service tax exemption will be provided on Varishta Bima Yojana.
11. Wealth Tax abolished

1 Simple Income Tax Calculator 2014-15

Budget Speech 10.07.2014
Changes in Excise duty & Notifications
Changes in Income Tax Rates
Changes in Service Tax & Notification
Deduction 80C Limit Increased to 150000
Interest on house Loan Limit increased to 2 lakh
PPF Limit Increased to 150000

Resources

1
2
3

5
6
7

Page 13

Resources

Page 14

Resources
FAQ for Reabate under section 87A Rs 2000/Income From salary (complete TDS circular 8/2013 with all details about tax rates deduction ,house property income
Income Tax Calculator for Salaried Person Fy 2013-14
Taxable and non taxable allowance

1. List of taxable and Non taxable allowance

2. Calculator for House rent allowance exemption.
3. Leave travel allowance/assistance/concession exemption(LTC/LTA)

4. HRA & House loan both can be claimed at the same time
5. Landlord's Pan mandatory if rent paid is more than one lakh yearly
Valuation of perquisites

1. Valuation of perquisites New rule as on 18.12.2009

2. Valuation of Motor car perquisites
3. Valuation of concessional loan Interest
4. Valuation of rent free House accommodation Furnished /unfurnished
5. Valuation of Medical reimbursement facility
6. Pick up & drop facility from home to office and Back
7. Petrol reimbursement charges valuation.
8. Inequity in new valuation rules
9. Tax paid on perquisites u/s 192(1A) tax treatment and etds return
Leave salary exemption calculation
Deduction of profession tax .

1. Deduction of profession tax under section 16(iii)

Deduction Available to Individuals

1. Deduction under section 80 C

1. savings in whose name can be done
2. Life Insurance Policy

1. Life Insurance premium on wife policy

2. Life insurance FAQ
3. Life Insurance Policy new Direct tax Code
4. ULIP(lint linked insurance Plan )
3. Mutual Funds

1. Why should Invest in Mutual funds

2. Mutual fund Faq
3. Mutual Funds Your rights
4. How to invest In Mutual funds.
5. How Much You should Invest in Mutual funds
6. Types of Mutual funds
4. Tuition fees
5. house loan and section 80C
6. 80 C benefit is to be reversed if House sold before 5 years
2. Deduction under section 80D
3. Deduction under 80DDB
4. Deduction u/s 80E Higer Education Loan
5. Deduction under section 80GG (house rent paid where no hra received)
12. House Property Adjustment of Let Out House/Self occupied house is available while calculating TDS under section 192
87A 2000/- REBATE
Page 15

Resources
80C savings
80CCD NEW PENSION CPF
80CCF INFRA BOND
80CCG RAJIV GESS
80D HEALTH INSURANCE
80DD DISABLE
80DDB MED TREATMENT
80E EDUCATION LOAN
80EE HOUSE LOAN INT.
80G DONATION
80GG RENT
80GGB 80GGC
80TTA SAVING INTEREST

Page 16