INCOME TAX STATEMENT T.D.S.

FOR THE YEAR 2015 - 16

Name of the Staff Designation Department

K.MUNIYASAMY AP-II EEE
PAN No. (attach Xerox copy) Period from To
BSWPM5920J 8/7/2011 Till Date

I. Gross Salary received during the FY Rs. 494631

(Statement enclosed on page No: 2)

A. Less: LLP (if any) Rs. 0

B. Professional Tax (u/s 16(i)) Rs. 2346

C. Interest paid on Housing Loan Maximum Rs.1,50,000 Rs.

(Under sec-24(b) allowed only for self occcupied property)

II TOTAL DEDUCTIONS (A+B+C) Rs. 2346

III Gross TOTAL INCOME (I - II) Rs. 492285

D. DEDUCTIONS UNDER CHAPTER VI - A

DEDUCTIONS U/S 80 C

A. SAVINGS THROUGH SALARY

1. Life insurance premium for his life and for family members etc. Rs. 89139.6
2. Statutory provident fund contribution Rs. 27000
3. 15 year public provident fund Rs.
4. Sum deposited in 10 year or 15 year account under the post office Rs.
savings Bank account
5. National Savings Certificate VI and VII Issues Rs.
6. Sum paid as subscription to House Loan account scheme. Rs.
7. Payment of Tuition Fees (Excluding book money, uniform, amenities, Rs.
caution deposits etc.,) admission fees, special fees, term fees to any
University, college, school or other Educational Institution for two
children situated within India.
8. Investment in scheduled bank in Fixed deposit for 5 years or more Rs.
qualify for tax deduction under Tax Saver Scheme.

Qualifying amount (Restricted to Rs.1,50,000) Rs. 116139.6

B. U/S 80 E Interest payment on Education Loan avail for self and spouse. Rs.

C. i) U/S 80D - Mediclaim Insurance Premium paid (mediclaim) Rs.

(Maximum Rs. 15000)
ii) Further deduction upto Rs.15,000/- for mediclaim for his parents if Rs.
the parents are senior citizen Rs.20,000/- is deducted
iii) 80 TTA Interest on Savings Bank Account Exempted upto Rs. 10000 Rs.
(Note: Savings bank interest must be added to gross total income)

IV TOTAL DEDUCTIONS (A+B+C) Rs. 116139.6

V TOTAL TAXABLE INCOME (III - IV) Rs. 376145.4

 COMPUTATION OF TAX

Income Tax on Total Taxable Income

A First Rs. 2,50,000/- Nil

B Rs.2,50,000/- to Rs.5,00,000/- At 10% 12615

C Rs.5,00,000/- to Rs.10,00,000/- At 20% 0

D Above Rs.10,00,000/- At 30% 0

Tax on Total Income 12615

Less: Tax rebate u/s87A if Annual Income is below
Rs.5,00,000/- 2000

Net Tax Payable 10615

Add 3% Educational Cess 318

Total Tax Payable 10933

Advance Tax = Rs. 6000, 10933-6000 RS. 4933 Total Tax payable

Total Salary received from Employer for the period from 01.04.2015 to 31.03.2016

Grade Deductions
Month Basic Pay D.A. PDA Gross Salary
Pay
L.L.P P.F. Adv. Tax Prof. Tax

Apr-14 18750 7000 14063 39813 2250 500

May-14 18750 7000 14063 39813 2250 500

Jun-14 18750 7000 14063 39813 2250 500

Jul-14 18750 7000 15938 41688 2250 500

Aug-14 18750 7000 15938 41688 2250 500

Sep-14 18750 7000 15938 41688 2250 500 1173

Oct-14 18750 7000 15938 41688 2250 500

Nov-14 18750 7000 15938 41688 2250 500

Dec-14 18750 7000 15938 41688 2250 500

Jan-15 18750 7000 15938 41688 2250 500

Feb-15 18750 7000 15938 41688 2250 500

Mar-15 Admission
18750 allowances
7000 and 15938
other 41688 2250 500 1173
remuneration received from college such
as KLU, KIT.

Total 494631 0 27000 6000 2346

Signature of the Staff