Print Annexure II (Payroll)

Serial Number

330

The functionality remains the same.

Permanent Account Number of the employee

331

The functionality remains the same.

Name of the employee

332

The functionality remains the same.

Deductee type (Senior Citizen, Super Senior Citizen, others)

333

The functionality remains the same.

a) Date from and the date up to which the employee is employed with the current employer in the current financial year (dd/mm/yyyy)

334

The functionality remains the same.

Gross Salary as per provisions contained in section 17(1)

335

Gross salary under 17(1)

Value of perquisites under section 17(2) (as per form no. 12BA, wherever applicable)

336

Value of perquisites defined in tax configuration Value of perquisites under section 17(2) (as per Form 12BA) for the given employee under the head of Gross salary

Profits in lieu of salary under section 17(3) 17(2) (as per form no. 12BA, wherever applicable)

337

Value of Profits in lieu of salary under section 17(3) (as per Form 12BA) defined under tax configuration for the given employee under the head of Gross salary

Total amount of gross salary received from current employer (see Note 1 for definition of Salary)

338

Total value = 335+336+337

Reported total amount of salary received from other employers(s)

339

Value captured from Income from Previous Employer under Tax Deducted/paid details , under income chargeable under the head Salaries

Travel Concession or assistance under section 10(5)

340

The value of allowances declared under Leave Travel Assistance

Death cum retirement gratuity under section 10(10)

341

The value of Gratuity allowance

Commuted value of pension under section 10(10A)

342

This can be treated as other allowance, which will appear in column 346.

Cash equivalent of leave salary encashment under section 10(10AA)

343

The value of Leave encashment on retirement

House rent allowance under section 10(13A)

344

The value of House Rent Allowance (allowance to the extent exempted under section 10)

PAN of landlord, if exemption is claimed under section 10(13A)(see Note 3)

345

This need to be brought from the Defined Values of Rent and place of accommodation under House rent allowance under Tax configuration.

Multiple PANs will be separated by commas.

Amount of any other exemption under section 10

346

All other allowance under section 10, except:

● Leave travel assistance

● Gratuity

● House rent allowance

● Leave encashment on retirement

Total amount of exemption
claimed under section 10 (340+341+342+343+344+346)

347

Total exemption claimed under section 10

Total deduction under section 16(ia)

348

Standard Deduction declared

Total deduction under section 16(ii).

349

Entertainment Allowance

Total deduction under section 16(iii).

350

Professional tax (tax on employment)

Income chargeable under the head Salaries [338+339-(347+348+349+350)]

351

This will show the value after all deductions (such as Total Allowances exempt under section 10, Total deductions under section 16) from the total amount of salary from current and previous employers.

Income (or admissible loss) from house property reported by employee offered for TDS as per section 192 (2B)

352

Income from house property and interest on housing loan

PAN of lender, if interest on housing loan is claimed under section 24(b)

353

This can be left blank as it is an optional field (currently unavailable in Tally.ERP 9).

Income under the head Other Sources offered for TDS as per section 192 (2B)

354

Income from other sources declared under Any other income

Gross total income (351+352+354)

355

Total value of Income chargeable under head salaries + Income from house property + Income from other sources

Deduction in respect of life insurance premia, contributions to provident fund etc under section 80C

356

D eductions under Chapter VI-A > Investment declarations:

Note : Aggregate amount of deduction under section 80C, 80CCC and 80CCD(1) should be less than or equal to Rs 150,000.00/-.

Deduction in respect of contribution to certain pension funds under section 80CCC

357

D eductions under Chapter VI-A > Investment declarations: Total 80CCC value

Note : Aggregate amount of deduction under section 80C, 80CCC and 80CCD(1) should be less than or equal to Rs 150,000.00/-.

Deduction in respect of contribution by taxpayer to notified pension scheme under section 80CCD(1).

358

D eductions under Chapter VI-A > Investment declarations: Employee Contribution to NPS (Tier 1) + 80CCD value and Proof/Eligible value

Note : Aggregate amount of deduction under section 80C, 80CCC and 80CCD(1) should be less than or equal to Rs 150,000.00/-.

Deduction in respect of amount paid or deposited under notified pension scheme under section 80CCD (1B).

359

D eductions under Chapter VI-A > Investment declarations: Total 80CCD(1B)  value to be considered

Deduction in respect of contribution by employer to notified pension scheme under section 80CCD(2)

360

Deductions under Chapter VI-A > Investment declarations: Employer Contribution to NPS 80CCD(2)  value to be considered

Deduction in respect of health insurance premia under section 80D

361

Deductions under Chapter VI-A > Other declarations: Total 80D  Qualifying Amount to be considered

Deduction in respect of interest on loan taken for higher education under section 80E

362

Deductions under Chapter VI-A > Other declarations: Total 80E  Qualifying Amount to be considered

Total deduction in respect of donations to certain funds, charitable institutions, etc under section 80G.

363

Deductions under Chapter VI-A > Other declarations: Total 80G Qualifying Amount to be considered

Deduction in respect of interest on deposits in savings account under section 80TTA

364

Deductions under Chapter VI-A > Other declarations: Total 80TTA  Qualifying Amount to be considered

Amount deductible under any other provisions of Chapter VIA

365

Apart from the above chapter VIA sections, the rest of the deductions will be considered here.

Total amount deductible under Chapter VIA [356+357+358+359+360+361+362+363+364+365]

366

Total amount of Chapter VIA from columns 356 to 365

The total value of 356+357+358 should not exceed 150000 (Net Qualifying amount).

Total taxable income (355-366)

367

Gross total income - Total amount deductible under C hapter VIA

Income tax on total income

368

Tax computed on the taxable amount

Rebate under section 87A, if applicable

369

Rebate value under section 87A

Surcharge, wherever applicable

370

Surcharge value will now appear.

Health and education cess

371

The functionality remains the same.

Income tax relief under section 89, when salary is paid in arrears or advance

372

Income tax relief under section 89 will appear.

Net tax liability [368+370+371-(369+372)]

373

Income tax + Surcharge + Health and education cess - (Rebate + Income tax relief)

Total amount of tax deducted at source by the current employer for the whole year (aggregate of the amount in column 325 of Annexure I for all the quarters in respect of each employee)

374

Tax deducted by the current employer

Reported amount of tax deducted at source by other employers or deductors (income in respect of which is included in computing total taxable income in column 339)

375

Tax deducted by the previous employer

Total amount of tax deducted at source for the whole year (374+375)

376

Tax deducted from the current employer & Tax deducted from the other employer will appear

Shortfall in tax deduction (+) or excess tax deduction (-) (373-376)

377

The functionality remains the same.