Hi Venkatesh,
Below is the form 16
Details of Salary paid and any other income and tax deducted INR INR INR
1. Gross Salary
(a) Salary as per provisions contained in sec.17(1) 357705.00
(b) Value of perquisites u/s 17(2)
(as per Form No.12BA, wherever applicable) 0.00
(c) Profits in lieu of salary under section 17(3)
(as per Form No.12BA, wherever applicable) 0.00
(d) Total 357705.00
2. Less: Allowance to the extent exempt u/s 10 0.00
3. Balance(1-2) 357705.00
4. Deductions :
(a) Entertainment allowance 0.00
(b) Tax on employment 1000.00
5. Aggregate of 4(a) and (b) 1000.00
6. Income chargeable under the head 'salaries' (3-5) 356705.00
7. Add: Any other income reported by the employee 0.00
8. Gross total income (6+7) 356705.00
9. Deductions under chapter VI-A Gross amount Deductible amount
(A) sections 80C, 80CCC and 80CCD
(a) section 80C
i) Employee Provident Fund 25329.00
ii) Payment towards Life Insurance Policy 29429.00
iii) Tuition fee - child 1 3900.00 58658.00
(b) section 80CCC 0.00 0.00
(c) section 80CCD 0.00 0.00
Note: 1. Aggregate amount deductible under sections 80C, 80CCC and
80CCD(1) shall not exceed one lakh rupees.
(B) Other sections (e.g. 80E, 80G, 80TTA, etc.) under Chapter VI-A. Gross amount Qualifying amount Deductible amount
(a) 80D(03) 1150.00 1150.00 1150.00
10. Aggregate of deductible amount under Chapter VIA 59808.00
11. Total Income (8-10) 296900.00
12. Tax on total income 59380.00
13. Education cess @ 3 % ( on tax computed at S.No.12 ) 0.00
14. Tax Payable (12+13) 57380.00
15. Less: Relief under section 89 (attach details) 0.00
16. Tax payable (14-15) 57380.00
Ritu