Beruflich Dokumente
Kultur Dokumente
5200
What is Gross Salary,TDS and Net Salary
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
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)
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
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)
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
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)
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
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
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
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
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)
901,200.00
250000 0% 0
0 30% 0
0 92740
13200
19000 3300 15700
334000
941200
Q8
Particulars Amt Remarks
Basic Salary 40000
Lunch Allowance 4000
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
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
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
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