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Income Tax Calculation Statement 2024-25

The document outlines the pay and allowances for government servants for the financial year 2024-2025, including various deductions and taxable income calculations. It details the gross salary, standard deduction, and tax payable based on income brackets. Additionally, it includes a certification section for verification by the head of the office and the government servant's signature.

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kjagankumar98
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42 views2 pages

Income Tax Calculation Statement 2024-25

The document outlines the pay and allowances for government servants for the financial year 2024-2025, including various deductions and taxable income calculations. It details the gross salary, standard deduction, and tax payable based on income brackets. Additionally, it includes a certification section for verification by the head of the office and the government servant's signature.

Uploaded by

kjagankumar98
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

STATEMENT SHOWING THE PAY AND ALLOWANCESS DRAWN BY

PAY DRAWN PARTICULARS FOR THE YEAR 2024-2025


SP/ PP FBF/
MONTH PAY DA MA HRA OA TOTAL GPF/ CPS NHIS LIC PLI HBA IT PT
GSA SPF

Mar-24
Apr-24
May-24
Jun-24
Jul-24
Aug-24
Sep-24
Oct-24
Nov-24
Dec-24
Jan-25
Feb-25
Bonus
Arrears
SLS
DA-I Arrear
DA-II IT DEDUCTED
Others ADD CESS 4%
TOTAL

NON-TAXABLE AMOUNT
TAXABLE INCOME

Head Office Signature of the Govt. Servant


INCOME TAX CALCULATION STATEMENT
New Tax Regime u/s 115BAC
(In respect of a Resident Individual)
For the Financial Year 2024-25 / Assessment Year 2025-26
Name : TAN NO :
Designation : DOB :
PAN : GPF/CPS NO :
IFHRMS NO :

1 GROSS SALARY INCOME (including all allowances) :


(a) Income from House property :
(b) Income from Savings Bank Interest Rs. :
2 Standard Deduction : 75000
3 NET TAXABLE INCOME (Rounded ) u/s 288A :
4 TAX ON TOTAL INCOME :
Upto ₨ 3,00,000 Nil Tax on ₨ 3,00,000 300000 NIL :
Rs.3,00,001 to Rs.7,00,000 @ 5% on
Rs.7,00,001 to Rs.10,00,000 @ 10% on
Rs.10,00,001 to Rs.12,00,000 @ 15% on :
Rs.12,00,001 to Rs.15,00,000 @ 20% on :
Above Rs.15,00,001 @ 30% on :
TAX PAYABLE ON TAXABLE INCOME Rs. :
U/S 87A [IF TAXABLE INCOME (COL.4) BELOW 722220] ([Link].20000) :
TAX PAYABLE :
ADD : Health and Education CESS @ 4% on :
4 TOTAL TAX PAYABLE :
:
:
5 Tax already deducted or paid :
6 NET AMOUNT IT Cess :
7 NET TAX Payable :

CERTIFICATE
Certified that the details furnished above are true to the best of my knowledge

Counter Signed

Signature of the [Link]

Head Of Office with Designation

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