TABLE NO. 3 FINAL RESULT TABLE NO.

1
INCOME FROM SALARY SIMPLIFIED MEANING WHERE TO FIND PRACTICAL MONTH SALARY
SALARY (EXCLUDING ALL ALLOWANCES,
PERQUISTS AND PROFIT IN LIEU OF SALARY) BASIC SALARY TABLE NO 1 493423 APR'17 26895
ADD: ALLOWANCES NOT EXEMPT TAXABLE ALLOWANCES TABLE NO 2 -89200 MAY'17 26895
ADD: VALUE OF PERQUISITES SALARY OTHER THAN CASH DIRECT FIGURE IN FORM 16 0 JUN'17 26895
ADD: PROFIT IN LIEU OF SALARY % INCENTIVES DIRECT FIGURE IN FORM 16 0 JUL'17 26895
LESS: DEDUCTION U/S 16 DIRECT FIGURE IN FORM 16 2288 AUG'17 54203
INCOME CHARGEABLE UNDER THE HEAD SALARY 401935 SEP'17 20631
OCT'17 39620
TABLE NO. 2 - CALCULATION OF ALLOWANCE NOT EXEMPT NOV'17 41570
SALARY AS PER PROVISION CONTAINED IN SEC 17 (1) BASIC SALARY + TAXABLE ALLOWANCES + NON TAXABLE ALLOWANCES 493423 DEC'17 41570
LESS : NON TAXABLE ALLOWANCES DIRECTLY GIVEN IN FORM 16 89200 JAN'18 41570
BASIC SALARY + TAXABLE ALLOWANCES 404223 FEB'18 41570
LESS: BASIC SALARY AS PER MONTHLY CALCULATION 493423 MAR'18 34920
VALUE OF TAXABLE ALLOWANCES -89200 TOTAL 493423

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