No standard deduction but Professional Tax deduction remains unchanged.
Housing loan interest operation unchanged
All deductions u/s 88 and Tuition fees of any two Children's are now merged with Sec. 80c maximum of Rs. 1,00,000 is permitted for direct deduction
As per the directive of the Joint Director and the Income Tax Officer only the actual amount paid on the last day fixed 05-01-2010 for submitting the documents towards the interest and principal amount of the Housing Loan will be taken into account.
Tax calculations: Male Female
Upto Rs. 1,60,000
Nil
Upto Rs. 1,90,000 Nil
Rs, 1,60,001 to Rs. 3, 00,000
10%
Rs, 1,90,001 to Rs. 3, 00,000 10%
Rs, 3,00,001 to Rs. 5, 00,000
20%
Rs, 3,00,001 to Rs. 5, 00,000 20%
above Rs. 5,00,001
30%
above Rs. 5,00,001 30%
Educational cess @ 3% on Tax is to be added.
All IT and 12c forms may be down load below
Last date for submission of IT forms is 14-12-2009
Separate application forms are available for the each course (UG/PG/MCA) under Aided and Self-Financing.
Along with filled application the fee for the applications in the form of DD to be enclosed in favour of The Principal, Sacred Heart College, Tirupattur.
For UG : Rs. 75/- PG : Rs. 125/- MCA : Rs. 125/- M.Phil : Rs. 175/-
