Income tax

Assessment & projection

The full working for one assessee, from projected salary to the monthly instalment — and the same position across the establishment.
Assessee
EMP00125
R. Krishnan
Regime
New
declared 12-04-2026
Taxable income
₹ 26,72,784
FY 2026-27
Annual tax
₹ 72,197
including 4% cess
Deducted to date
₹ 30,080
Apr to Aug
Monthly TDS
₹ 6,020
Sep to Mar
Projection

Income and deductions

HeadBasisAmount
Basic pay12 × ₹ 1,23,100₹ 14,77,200
Dearness allowance12 × ₹ 65,243₹ 7,82,916
House rent allowance12 × ₹ 33,237₹ 3,98,844
Transport allowance12 × ₹ 3,600₹ 43,200
Other allowancesdress, risk₹ 0
DA arrearspaid Aug 2026₹ 21,400
Overtime and NDAactual to date plus projection₹ 26,800
Leave encashmentwith LTC, taxable₹ 0
Gross salary₹ 30,45,800
Less: standard deductions.16(ia)− ₹ 75,000
Less: employer NPSs.80CCD(2), 14% of basic + DA− ₹ 3,16,416
Add: other income declaredbank interest+ ₹ 18,400
Taxable income₹ 26,72,784
New regime slabs

Tax working

StepRateAmount
Up to ₹ 4,00,000Nil₹ 0
₹ 4,00,001 to ₹ 8,00,0005%₹ 20,000
₹ 8,00,001 to ₹ 12,00,00010%₹ 40,000
Balance above ₹ 12,00,00015%₹ 9,420
Tax on income₹ 69,420
Less: rebate s.87Anot applicable₹ 0
Health and education cess4%₹ 2,777
Total tax payable₹ 72,197
Less: deducted Apr–Aug5 months− ₹ 30,080
Balance recoverableover 7 months₹ 42,117
Monthly TDS, Sep–Marrounded to ₹ 10₹ 6,020
Recomputed on every payroll run and whenever an arrear, bonus or declaration changes.
FY 2026-27

Month-by-month recovery

MonthSalaryArrearsTDSCumulative TDSStatus
Apr₹ 2,49,800₹ 0₹ 6,016₹ 6,016Deducted
May₹ 2,49,800₹ 0₹ 6,016₹ 12,032Deducted
Jun₹ 2,49,800₹ 0₹ 6,016₹ 18,048Deducted
Jul₹ 2,49,800₹ 0₹ 6,016₹ 24,064Deducted
Aug₹ 2,49,800₹ 21,400₹ 6,016₹ 30,080Deducted
Sep₹ 2,49,800₹ 0₹ 6,020₹ 36,100Projected
Oct₹ 2,49,800₹ 0₹ 6,020₹ 42,120Projected
Nov₹ 2,49,800₹ 0₹ 6,020₹ 48,140Projected
Dec₹ 2,49,800₹ 0₹ 6,020₹ 54,160Projected
Jan₹ 2,49,800₹ 0₹ 6,020₹ 60,180Projected
Feb₹ 2,49,800₹ 0₹ 6,020₹ 66,200Projected
Mar₹ 2,49,800₹ 0₹ 6,020₹ 72,220Projected
A change in September spreads the revised balance over the six months that remain, not over twelve.
This employee

Actions

Recompute this assesseeafter a mid-year change
Override monthly TDSon written request
Relief under s.89(1)arrears spread to earlier years
Generate Form 16 part Bat year endPreview
Quarterly 24Q statementfor the return
Print assessment sheetfor the file
FY 2026-27

Establishment-wide position

DepartmentAssesseesTaxable incomeAnnual taxDeductedBalance
Medical & Officers186₹ 18,42,00,000₹ 1,49,20,200₹ 62,16,750₹ 87,03,450
Nursing412₹ 24,68,00,000₹ 1,99,90,800₹ 83,29,500₹ 1,16,61,300
Establishment96₹ 6,24,00,000₹ 50,54,400₹ 21,06,000₹ 29,48,400
Accounts74₹ 5,82,00,000₹ 47,14,200₹ 19,64,250₹ 27,49,950
Technical & Maintenance138₹ 9,26,00,000₹ 75,00,600₹ 31,25,250₹ 43,75,350
Stores & Procurement62₹ 3,48,00,000₹ 28,18,800₹ 11,74,500₹ 16,44,300
Transport58₹ 2,84,00,000₹ 23,00,400₹ 9,58,500₹ 13,41,900
Security84₹ 3,62,00,000₹ 29,32,200₹ 12,21,750₹ 17,10,450
Sanitation96₹ 3,18,00,000₹ 25,75,800₹ 10,73,250₹ 15,02,550
IT Cell30₹ 2,86,00,000₹ 23,16,600₹ 9,65,250₹ 13,51,350
Total1,228₹ 80,40,00,000₹ 6,51,24,000₹ 2,71,35,000₹ 3,79,89,000