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Computation 1

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COMPUTATION OF TOTAL INCOME

SALARIES 6,08,982

PAY ACCOUNTS OFFICE (ORS) 58 GTC SHILLONG : SHILLONG,


SHILLONG, SHILLONG, SHILLONG, MEGHALAYA-793007
GROSS SALARY 6,83,982
LESS: STANDARD DEDUCTION U/S 16(ia) 75,000
TAXABLE SALARY 6,08,982

INCOME FROM OTHER SOURCES 21,253


INTEREST FROM SAVING BANK AC 21,253
TOTAL 21,253

GROSS TOTAL INCOME 6,30,235


TOTAL INCOME 6,30,235
TOTAL INCOME ROUNDED OFF U/S 288A 6,30,240

COMPUTATION OF TAX ON TOTAL INCOME


TAX ON RS. 3,00,000 NIL
TAX ON RS. 3,30,240 (6,30,240 - 3,00,000) @ 5% 16,512
TAX ON RS. 6,30,240 16,512
16,512
LESS : REBATE U/S 87A 16,512

LESS TAX DEDUCTED AT SOURCE


SECTION 192: SALARY 39,879 39,879
-39,879

REFUNDABLE (39,879)
TAX REFUNDABLE ROUNDED OFF U/S 288B (39,880)

Details of Tax Deducted at Source from Salary


Sl. No. Tax Deduction Name of the Employer Date of Tax Income Total tax
Account Number Deducted chargeable under deducted
(TAN) of the Salaries
Employer
192 : Salary
1. SHLP01087C PAY ACCOUNTS OFFICE (ORS) 58 GTC SHILLONG 30/09/2024 93,124 7,266
2. SHLP01087C PAY ACCOUNTS OFFICE (ORS) 58 GTC SHILLONG 31/08/2024 90,900 7,208
3. SHLP01087C PAY ACCOUNTS OFFICE (ORS) 58 GTC SHILLONG 31/07/2024 2,08,288 7,208
4. SHLP01087C PAY ACCOUNTS OFFICE (ORS) 58 GTC SHILLONG 29/06/2024 88,500 4,545
5. SHLP01087C PAY ACCOUNTS OFFICE (ORS) 58 GTC SHILLONG 31/05/2024 85,800 4,545
6. SHLP01087C PAY ACCOUNTS OFFICE (ORS) 58 GTC SHILLONG 30/04/2024 1,17,370 9,107
Grand Total 6,83,982 39,879

INTEREST FROM SAVING BANK A/C, CO-OPERATIVE BANK AND POST-OFFICE

INTEREST FROM SAVING BANK AC


Sr No Particular Amount
1 INTREST ON SAVING 21,253
Total 21,253

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