Macrotech Developers LTD: Earnings Deductions
Macrotech Developers LTD: Earnings Deductions
Income Tax Worksheet for the Period April 2022 - March 2023
*You have opted tax option with investment
Description Gross Exempt Taxable Deduction Under Chapter VI-A Taxable HRA Calculation( N o n - M e t r o )
Basic 207999.96 0.00 207999.96 Investments u/s 80C Rent Paid 0.00
HRA 124800.00 0.00 124800.00 Provident Fund 24960.00 From: 01/04/2022
Education Allowance 2400.00 0.00 2400.00 To: 31/03/2023
LTA Taxable 20000.04 0.00 20000.04 1. Actual HRA 124800.00
Work From Home Taxable 24000.00 24000.00 0.00 2. 40% or 50% of Basic 83200.00
Special Allowance 34334.40 0.00 34334.40 3. Rent - 10% Basic 0.00
Sodexo Coupons Taxable 30000.00 0.00 30000.00 Least of above is exempt 0.00
Fuel Reimbursement Taxable 28800.00 28800.00 0.00 Taxable HRA 124800.00
Statutory Bonus 13826.04 0.00 13826.04