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Number of Months(Actual)	 9
Projected months	 3
Earned Basic	 285,831
Projected Basic	 95,277
Total Basic	 381,108
Bonus	 70,037
Medical Taxable	 15,000
Total LTA 	 28,136
Taxable LTA	 28,136
Conveyance Allowance 	 7,200
Conveyance Allowance (Projected)	 2,400
Conveyance Total	 9,600
Conveyance Taxable	 9,600
Total Allowance	 52,736
HRA (Paid)	 114,336
Projected HRA	 38,112
Total HRA	 152,448
City Type (Metro - 1, Non-metro - 2)	 1
Monthly Rent Paid	 8,300
Total Rent Paid	 99,600
Salary for HRA (Basic + DA)	 381,108
50% of Salary (40% for non-metro)	 190,554
Excess of rent paid over 10% of Salary 61,489
DEDUCTION : Lowest of HRA section	 61,489
HRA Taxable	 90,959
Salary For RFA	 594,840
15% of Salary	 89,226
GROSS SALARY	 594,840
Standard Deduction 40k	 40,000
Net Salary	 554,840
GROSS TOTAL INCOME	 554,840
Donations (Sec 80G)	 500
PF Actual	 34,301
PF Projected	 11,433
LIC Premium	 15,658
NSC	 10,000
Tuition Fee	 70,000
Total Rebate U/S 80C (Max 150000)	 147,392
Taxable Income	 406,948
Income Tax before Sec87A rebate	 7,847
Income Tax	 7,847
Total Tax (Tax + Surcharge)	 7,847
Tax Liability (Lower of Total Tax & Max Tax)	 7,847
Education Cess	 314
Total Tax Payable	 8,161
TDS Deducted At MSSL 4,872
Balance Tax	 3,289
Monthly Tax Payable
(Education Cess and Surcharge)	 1,096