IT CALCULATION FOR THE FY 2016-17 AY 2017-18

[ಗೋಪಾಲ ರಾವ್ ಸಿ.ಕೆ.]

Dear Sir/ Madam

1. In Salary Extract Sheet enter your basic salary of March-2016

2. Change your basic salary in your increment month

3. Enter manually your LIC premium, GPF, KGID etc

4. In IT Calculation sheet enter your PAN in F3

5. Enter the annual rent paid in cell D9, monthly rent paid in declaration.

6. If your taxable income i.e. cell F31 is below Rs. 5 lakh, you get a rebate of Rs. 5000/- under section 87A

(during phone calls I told Gross income, sorry)

7. If Cell F38 is negative, make it zero

6. For details you can verify the website links

Thanking You



8880 90 30 60

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