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Please fill while coloured cells only to calculate relief u/s 89 of Inco S.N Previous Year / Financial Year in which additional salary is re Type of Individual (Select from drop down menu) A B Amount of additional salary received in above Previous year / F C Total Income including additional salary (A+B) D Tax for the aforesaid previous year (as mentioned in D) E Tax on Total income without considering additional salary (ment F Excess Tax on account of additional salary (D-E) G H Relief u/s 89 of Income Tax Act (F-G) I Tax payable for above financial year (D-H) J Additional salary received for Previous Year / Financial Year K Type of Individual (Select from drop down menu) L Total Income for relevant previous year M Amount of additional salary attributable to this Previous Year N Tax on TI without considering additional salary O Tax on TI after considering additional salary P Difference in above two taxes Q Favouravle differences Prepared by [email protected], [email protected] Total income for above Previous year / Financial Year without considering additional salary Tax on additional salary if it was given in relevant previous year (i.e the year to which this additional salary belongs)

Relief Under Section 89 of Income Tax Act Taxguru.in

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Helps compute the relief u/s. 89 of IT Act.

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MainPlease fill while coloured cells only to calculate relief u/s 89 of Income Tax Act 1961NoType 1Type 2Type 3Type 4ControlAssesseeFYAYNil upto@ 10%@ 20%@ 30%Base TaxSurchargeEducation CessEducation cessSurcharge RateDed u/s 87AMarginal ReliefNet Marginal ReliefNet Tax PayableControlAssesseeFYAYNil upto@ 10%@ 20%@ 30%Base TaxSurchargeEducation CessEducation cessSurcharge RateDed u/s 87AMarginal ReliefNet Marginal ReliefNet Tax Payable500,000.00760,000.002nd year500,000.002nd year560,000.003rd year500,000.003rd year560,000.004th year500,000.004th year560,000.005th year1,500,000.005th year1,560,000.0081811Individual (Men) below 65 Years of ageWomen below 65 Years of ageSenior Citizen (i.e above 65 years)11Individual2006-072007-080.070,000.00135,000.00190,000.00190,000.000.05,700.00@ 3%0.00.00.0195,700.0011Individual2006-072007-080.0120,000.00235,000.00340,000.00340,000.0034,000.0011,220.00@ 3%0.1000(266,000.00)0.0385,220.00S.NPrevious Year / Financial Year in which additional salary is receivedYearIndividual (Men & Women) below 60 Years of age2Individual (Men) below 65 Years of ageWomen below 65 Years of ageSenior Citizen (i.e above 65 years)12Women