Want To Know Abt Income Tax Dedication - XLS Download

Aakashchaudhary
Hi all,
need a help on urgent basis,
i m working in a company and ctc is 480000 and i have joined the company on 2nd april 2012, salary breakup is
basic- 16000
HRA 8000
S. allowance- 6350
con 6800
Med 1250
books tele 1600
total 40000
PF not applicable
Can anyone tell me the income tax amount which company should deduct from monthly salary.
bhaktinarang_123
Do you pay for House rent, if yes what is the amount and do you have the rent receipt; if no then you can't get the benefit of HRA.
Amount received against books and periodicals can be claimed on submission of bills.
Exemption will be as below:
1. Amount received towards reimbursement
2. Actual amount spent
which ever is less of 1. and 2
Aakashchaudhary
I m showing the rent receipt of 8000 per month And Books And telephone bill i m not provoiding
bhaktinarang_123
Hi Aakash,
Your Annual Tax to be deducted is 18003
Monthly Tax is 1500
PFA, TDS Calculator attached with your TDS Calculation
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