ADITI TECH CONSULTING PRIVATE LIMITED

South Wing, Block 2, Bhartiya Centre of Information Technology, 1st Floor, Off Thanisandra Main Road, Chokkanahalli Village, Bengaluru - 560 064
Income Tax Computation For The Financial Year 2024-2025
Statement as of Dec 2024

Employee No.: ASIPL3346 Name: Ravikumar Location: Bangalore

Date of Join: 11-Dec-2023 Gender : Male Date of Leaving: Residential Status :

PAN No. : DHSPR3208D Date of Birth : 01-Jun-1995 Age : 29 years and 7 months Tax Regime: NEW

A) Taxable Income
(i) Monthly Income
Pay Items Total Apr 2024 May 2024 Jun 2024 July 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Dec 2024 Jan 2025 Feb 2025 Mar 2025
BASIC 1,015,354.00 80,959.00 80,959.00 80,959.00 80,959.00 80,959.00 80,959.00 81,000.00 81,000.00 91,900.00 91,900.00 91,900.00 91,900.00
DA 42,600.00 3,550.00 3,550.00 3,550.00 3,550.00 3,550.00 3,550.00 3,550.00 3,550.00 3,550.00 3,550.00 3,550.00 3,550.00
HRA 423,184.00 33,804.00 33,804.00 33,804.00 33,804.00 33,804.00 33,804.00 33,820.00 33,820.00 38,180.00 38,180.00 38,180.00 38,180.00
SPECIAL ALLOWANCE 789,670.00 62,985.00 62,985.00 62,985.00 62,985.00 62,985.00 62,985.00 62,920.00 62,920.00 71,480.00 71,480.00 71,480.00 71,480.00
STATUTORY BONUS 211,592.00 16,902.00 16,902.00 16,902.00 16,902.00 16,902.00 16,902.00 16,910.00 16,910.00 19,090.00 19,090.00 19,090.00 19,090.00
Total 2,482,400.00 198,200.00 198,200.00 198,200.00 198,200.00 198,200.00 198,200.00 198,200.00 198,200.00 224,200.00 224,200.00 224,200.00 224,200.00

(ii) Adhoc Income

Pay Items Total Apr 2024 May 2024 Jun 2024 July 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Dec 2024 Jan 2025 Feb 2025 Mar 2025
RNR AWARD 5,000.00 0.00 0.00 0.00 5,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 5,000.00 0.00 0.00 0.00 5,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

B) Deduction
Pay Items Total Apr 2024 May 2024 Jun 2024 Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Dec 2024 Jan 2025 Feb 2025 Mar 2025
PF 21,600.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00
PROF TAX 2,400.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00
INCOME TAX 269,066.00 34,538.00 34,581.00 34,581.00 36,141.00 32,307.00 32,306.00 32,307.00 32,305.00 0.00 0.00 0.00 0.00
Total 293,066.00 36,538.00 36,581.00 36,581.00 38,141.00 34,307.00 34,306.00 34,307.00 34,305.00 2,000.00 2,000.00 2,000.00 2,000.00

C) Perquisites
Pay Items Total Apr 2024 May 2024 Jun 2024 July 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Dec 2024 Jan 2025 Feb 2025 Mar 2025
GIFT PERQ 5,664.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5,664.00 0.00 0.00 0.00
INSURANCE PERQ 1,504.00 0.00 0.00 0.00 0.00 1,504.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 7,168.00 0.00 0.00 0.00 0.00 1,504.00 0.00 0.00 0.00 5,664.00 0.00 0.00 0.00

D) Gross Salary (A+C) ................................................................................. 2,494,568.00

E) Less exemption under Section 10
Monthly Rent
Month Metro / Non- Rent Paid HRA Basic DA 40 / 50 % Rent paid - HRA
metro Received of Basic DA 10% of Exemption
Basic
Apr 40.00 0.00 33,804.00 84,509.00 33,804.00 0.00 0.00
May 40.00 0.00 33,804.00 84,509.00 33,804.00 0.00 0.00
Jun 40.00 0.00 33,804.00 84,509.00 33,804.00 0.00 0.00
Jul 40.00 0.00 33,804.00 84,509.00 33,804.00 0.00 0.00
Aug 40.00 0.00 33,804.00 84,509.00 33,804.00 0.00 0.00
Sep 40.00 0.00 33,804.00 84,509.00 33,804.00 0.00 0.00
Oct 40.00 0.00 33,820.00 84,550.00 33,820.00 0.00 0.00
Nov 40.00 0.00 33,820.00 84,550.00 33,820.00 0.00 0.00
Dec 40.00 0.00 38,180.00 95,450.00 38,180.00 0.00 0.00
Jan 40.00 0.00 38,180.00 95,450.00 38,180.00 0.00 0.00
Feb 40.00 0.00 38,180.00 95,450.00 38,180.00 0.00 0.00
Mar 40.00 0.00 38,180.00 95,450.00 38,180.00 0.00 0.00
Total 0.00 423,184.00 1,057,954.00 423,184.00 0.00 0.00
Item Exemption
House Rent Allowance : Section 10(13A) 0.00
Leave Travel Assistance : Sec. 10(5) 0.00
Total Exemptions 0.00

F ) Income from Previous employer

Pay Items Amount

Total Income 0.00

Income Tax 0.00
Professional Tax 0.00
Provident Fund 0.00
Employer NPS Deduction 0.00

G) Income after exemption ( D - E + F ) ........................................... 2,494,568.00

H) Less Deduction under Section 16 ............................................. 75,000.00

Sl.No. Description Amount

(i) Tax on Employment : Sec 16(iii) 0.00
(ii) Standard Deduction : Sec 16(ia) 75,000.00

I) Income chargeable under the head salaries (G - H) .............. 2,419,568.00

J) Add any other income declared by the employee (a+b) ........... 0.00

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(a) Other Income

Description Amount
Sub Total
(b) Income/Loss from house property [ (i) + (ii) ]......................... 0.00

(i) Interest on housing loan (Self occupied)....................... 0.00

(ii) Income/Loss from letout property

Property No Annual Rent Municipal Unrealized Rent Net Annual Standard Interest on Income/Loss(5- Contribution Considered Amount
Recieved Taxes Value(2-(3+4)) Deduction housing loan (6+7)) Rate
@30%
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
Total :

K) Gross Total Income (I + J) .......................................................... 2,419,568.00

L) Deduction under chapter VI A ................................................... 0.00

Investment Section Gross Qualifying Deductible

PF 80C 21,600.00 0.00 0.00
Sub Total 21,600.00 0.00 0.00

M) Taxable Income ................................................................................. 2,419,568.00

N) Total Tax to be Paid ........................................................................... 432,505.00

Income Tax Surcharge Health & Edu. Total

Cess
415,870.00 0.00 16,635.00 432,505.00

O) Tax Paid Till Date ................................................................................... 269,066.00

Income Tax Surcharge Health & Edu. Total

Cess
Deduction Through Payroll 258,717.00 0.00 10,349.00 269,066.00
Direct TDS 0.00 0.00 0.00 0.00
Previous Employment 0.00 0.00 0.00 0.00
Total 258,717.00 0.00 10,349.00 269,066.00

P) Relief Under Section 89 .............................................................................. 0.00

Income Tax Surcharge Health & Edu. Cess Total

0.00 0.00 0.00 0.00

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Q) Annual Tax Balance ................................................................................. 163,439.00

Income Tax Surcharge Health & Edu. Cess Total

157,153.00 0.00 6,286.00 163,439.00

R) TDS Recovered in current month .......................................................... 40,860.00

i) Monthly tax
Income Tax Surcharge Health & Edu. Total
Cess
39,288.00 0.00 1,572.00 40,860.00

S) Balance Payable (in 3 Installments) - Income Tax 122,579.00

@Rate of Rs. 40859.67 per month from Jan 2025

Created on: Jan 27, 2025 11:30 AM Page 4 of 4