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1 2019 Website: 'ii /919 Fax: =~ >:::;)0== = ~n ~~ ~ ~~~~ ~~m~d ~~o ~n ODSHA UNVERSTY OF AGRCULTURE & TECHNOLOGY Bhubaneswar Odisha 0*Q1 MOST URGENT Accts! Funds(T)-03! Jjg3!UAT. dated. d-.f. January 2019 From Sj. Subhransu Mohan Das OFS (SAG) Comptroller To The Registrar OUAT Bhubaneswar! All Deans! All Directors! Associate Deans OUAT Sub: Deduction of ncome Tax from 'Salaries' under Section-192 of the ncome Tax Act 1961 during the financial year Sir With reference to the subject cited above am to enclose herewith a copy of the Circular No.01!2019 dated of the Government of ndia Ministry of Finance (Department of Revenue) Central Board of Direct Taxes New Delhi downloaded from the following website along with Letter No.1502!F dated of the Finance Department Government of Odisha for your information and guidance. (1) The contents of the said circular is self explanatory and the same may please be brought to the notice of the Teachers! Scientists! Officers! Staff working under your control to facilitate correct and full deduction of ncome Tax from the payment of "Salaries"! "Arrear salaries" and other sources relating to their profession during the financial year (2) Difficulty is being experienced by the 000 OUAT for allowing deductions! rebate! relief etc. in case of some deductees who do not furnish details about their gross income arrear salary drawn deductions and deposits (rebate) etc. claimed by them during the financial year for computation of income tax payable by them on their income. n this context attention is drawn to Page No. 44 of the aforesaid circular of CBDT which is re-produced below for your reference. For the purpose of estimating income of the assesse or computing tax deductions section192(20) provides that person responsible for paying (DO Os) shall obtain from the assessee evidence or proof or particular of claims such as House Rent Allowance (where aggregate annual rent exceeds one lakh rupees) deduction of interest under the head "ncome from house property" and deduction under Chapter V-A as per the prescribed form 1288 laid down by Rule-26C of the Rules. Further as per section 192(20) read with' the rule 26C it is mandatory for the OOOs to obtain details/evidence in respect of claim of exemption for leave travel concession or assistance before allowing the said exemption. The relevant form for furnishing details by employee is Form 1288 (3) The Teachers! Scientists! Officers! Staff whose total income including value of perquisite and excluding deduction under Section-10(13A)- (for HRA) Section-16(iii)- (for Professional Tax) Section-24(for interest on borrowed capital for purchase of construction of residential unit) and Section-80CCE (for deposit! payment of L1C premium provident fund ULP etc.) of the ncome Tax Act-1961 for the current financial year exceeds !- (Normal) or !- (For Senior Citizen) as the case may be are required to furnish ncome Tax Calculation Statement to the 000 OUAT in the prescribed proforma (copy enclosed) for computation of ncome Tax payable by them and deduction of the same from payment of their "Salaries" and "Arrear Salaries".

2 (4) As per the mandate of the Government of ndia Ministry of Finance the deductees are required to furnish their valid PAN with their deductors (DDOs) in order to get credit of TDS in their income tax assessment. Simultaneously the deductors are required to obtain valid PAN of all deductees and quote the same in TDS return to be filed on quarterly. basis. As required by the Government of ndia all deductees may please be advised to quote their valid PAN in calculation statement to be furnished by them in the month of January 2019 and February Those deductees who have no PAN may please be advised to obtain their PAN from ncome Tax Department by applying in Form No.49A (prescribed one by the.t Deptt.) and furnish the same to the 000 ~UAT forthwith. (5) Section 206AA of the ncome Tax Act 1961 (inserted by Finance Act NO.2 of 2009 with effect from ) makes furnishing of PAN by the employees compulsory in case of payment liable to TDS (Tax Deduction at Source). f the deductee fails to furnish his/her PAN to the deductors the deductors shall make 20%. Accordingly the deductees may please be informed regarding the provision of 206AA. (6) t may please be noted that the salary bills for the month of January 2019 and February 2019 of the deductees who are liable to pay income tax during the current financial year shall not be passed for payment if the prescribed calculation statement are not furnished with the salary bills for the aforesaid months duly verified and signed by them. (7) The task of filing of quarterly statement of TDS and issue of Form-16 (TDS certificate) has been entrusted to M/s TECHNOVSTA SERVCES PVT. LTD. Bhubaneswar who will act as Service Provider to ~UAT for the above purpose. Hence all concerned especially the deductees (Tax payer) are required to be vigilant and very much careful for the following requirements while furnishing their computation of income tax statement in the prescribed proforma within the stipulated time. a. To quote the valid PAN Mobile Number and E-mai.D. b. To clearly indicate the normal salary received from the establishment served during the financial year c. To clearly indicate the Arrear Salary received from the different establishment during the financial year d. To indicate the ncome Tax deducted from normal salary and arrear salary separately during the financial year e. To enclose the supporting documents regarding availing of deductions and rebate etc. claimed for the financial year. f. To provide residential address at the appropriate place of the prescribed proforma. f the deductees (Tax payer) fail to comply the above requirement there is every possibility of missing credit of TDS from the salaries/ arrear salaries and delay in issuance of Form-16. Failure to comply the above requirement the University shall not be responsible for any missing credit of TDS and delay in issue of Form-16 to the deductees. (8) The deduction schedule "(ncome Tax) for the month of February 2019 in respect of the deductees duly verified and signed by the Bill Assistants of Accounts Section shall be sent to the ncome Tax Cell OUAT(Proper) latest by in order to discharge the following statutory obligations cast on the 000 ~UAT (Accounts Officer). To deposit the TDS (for the month of February Government exchequer latest by stipulated date. 2019) with the Central (9) The copy of the Circular NO.01/2019 dated of CBDT along with the copy of the prescribed proforma for the financial year can be assessed through the ~UAT Website: Ene!: (1) (2) Copy of the Circular NO.01/2019 dated Proforma for ncome Tax Calculation Statement yo~urs faithfuy\. tq 4' ptr611er

3 Memo No. ) J..g~ /UAT. dated. d- \' 0 ~ L9 Copy with copy of the prescribed proforma for forwarded to the Heads of the Department of constituent colleges of ~UAT / Associate Director of Research of RRTTSs/ Senior Scientist and Head of KVKs of OUAT/ Controller of Examination OUAT/ Chief Librarian Central Library/ Controlling Officer ~UAT Health Centre/ Officers-in-charge of all S ~mes/ Research Stations ~UAT for information and necessary action. \ ~ Ene!: As above \~.~. C mptroller Memo No. }~5 /UAT. dated. ~/' ~~ ~ Copy with copy of the enclosures forwarded to the Secretary to Vice-Chancellor for kind information of the Hon'ble Vice-Chancellor.. ~\') q ~' CO ptroller Memo No. 1d-8.6 /UAT. dated. ~' 0\ lc) Copy with copy of the enclosure to all Assistant Registrars ~UAT for inform~ti nand necessary action. \.) ~' CO ptroller Memo No. '~i /UAT. dated. ~' O~ r L9 Copy with copy of the enclosures to all Accounts Officers/ Audit-cum-nspection Officer ~UAT for information and necessary action. They are directed to look into the matter~er. nally and ensure timely disposal of income tax related matters as stipulated above.. q ~. Co ptroller Memo No. \ ~8' /UAT. dated. ~) 0 \' L9 Copy with copy of the enclosures to the Section Officer (Teaching/ Scheme) / Senior Assistants (Bill Assistants) Accounts Section ~UAT (Proper) for information and necessary action. They are directed to check the income tax calculation statement thoroughly submitted by the deductees as per the Guidelines contained in the Circular No.01/2019 dated of the CBDT and effect correct and full deduction of ncome Tax from the payment of salaries and arrear salaries during the current financial year i.e The pay/ salary bills not accompanied with prescribed income tax calculation statement of the deductees for the month of January 2019 and February 2019 shall be withheld and these cases shall be brought to the notice of the Comptroller ~UAT immediately for needful action in the matter. Further they are directed to go through the Circular No.01/2019 dated between the line and exercise utmost care for correct and full deduction of ncome Tax and for timely submission of required documents as stipulated above to the ncome Tax Cell ~UAT (Proper) latest by in order to enable them to execute the mandate of ncome Tax Department properly failing which necessary action as deemed proper will be initiated against the Bill Assistant in default for the lapses if any reported by the ncome Tax Department. l'l 1'4.\" C ptroller Memo No. '~9 /UAT. dated. ~1 \ 6' Copy with copy of the enclosures to the Audit Supervisor / Auditors Audit Branch ~UAT for information and necessary action. They are directed to check the calculation of ncome Tax computed by the deductees and the Bill Assistants of the Accounts Section of ~UAT in terms of the Circular No.01/2019 dated of the CBDT as and when required. Ene!: As above.. \.~.\ Co ptroller Memo No. }6-9 0 /UAT. dated. ~} (J L ~ Copy with copy of the enclosures forwarded to the Director PME ~UAT for information with a request to upload the same in ~UAT website: wide ci~rul tion. Manoj* Lq ~'~ \. j t4' Comptroller

4 _ PROFORMA Odisha University Of flgricu{ture ana T'eclino{ogy CJ3liuGaneswar ncome Tax calculation statement (Tentative/ Final) in respect of Sri/ Smt./ Or.(Name in Full) : Designation & Office address: For the financial year: 1 2 Mobile L - PARTCULARS Salary (Pay+DA+R+SP+DP/GP/AGP) (a) Arrear if any (b) Allowances if any (Except HRA) (c) Employer Contribution towards NPS- U/S 80CCD 3 Value of perquisite (U/s 17 & Rule 3) Perquisite in respect of. Total of {S.No.12(ab&c)+3} ncome from any other sources H.RA received from the employer House rent paid to the house Residential Address: 10 -'Valid PAN :(Mandatory) ". owner (Name Address and PAN of Landlord is mandatory (Where the aggregate rent paid during the financial year exceeds one lakh Rs the employee is required to furnish these details in Form 12BB) (please attach photo copy of PAN Card).. 8 Repayment of house building loan (a) nterest Principal U/S 80 C i. Contribution to GPF (Accl. No. ii. nsurance premium 9 Annual value (income from House property) 10 Deductions to be made under Chapter VA of income Tax Act1961 A. Under Section 80 CCE (Aggregate amount of deduction U/s 80C 80CCC 80 CCD(1) shall not exceed /-& B c an additional deduction U/s 80CCD(1 B) upto max.50000/- iii. Subscription to security of Central Govl. or any such scheme iv. ULlP 19710fthe UT/ULP of LlC Mutual Fund v. Any subscription made to any units of Mutual fund vi. PPF vii. Repayment of housing building loan (principalsstamp duty & regd. ) viii. Tuition fee (full time education of any two children of the employee) ix. Subscription to equity shares or debentures forming part of any eligible issues of capital X. Subscription to notified tax saving Bonds xi. nvestment as a term deposit for a fixed period of not less than five years with a scheduled bank xii. NSC (V & X issue) xiii. nvestment as Five Year Time Deposit in an account under the post office time deposit Rule 1981 xiv Others if any (Please specify) (b) U/S 80 ece (Annuity plan of LlC or other nsurer Maximum RS /- (C) U/S 80 eco(1) (Employees subscription to New Pension Scheme (The deduction shall not exceed an amount equal to 10% of pay+da) (d) U/S 80 CCO(1B) ( Previous year deduction in respect of NPS (Employee's share) upto max ). (The deduction of RS is allowed whether or not any deduction is allowed under Sub-Sec-1 However the same amount cannot be claimed both under Sub-Sec-1 & sub-section-1 (B) of section 80 CCD) Tota10A[a(i to xiv)+b+c+d] Under Section 80 CCG (Rajiv Gandhi Equity Saving Schemes The amount of deduction is at 50% of the amount invested subject to max /- (Gross income of the employee does not exceed RS lakh) Under Section 800 Payment of Medical nsurance premium Max.of RS.50000/ /- & under Case NO.1 2 & 3 respectively as per Circular NO.1/2019 dl of CBDT under clause (at page No 36) o Under Section 8000 (Expenditure on Medical Treatment of dependant with disability- Restricted to 75000/- ( in case of normal disability) and RS /- (incase of severe disability). Certificate to be obtained from Medical Board consisting of at least three (3) members PM Contd. Page-2

5 E Under Section 80 DDB (Amountpaidfor medicaltreatmentof selfor dependant (specifieddiseasesas perrules11dd(1)}{max in normalcase& RS /- in caseof SeniorCitizen } underclause-5.5.7(at pageno.39) F Under Section 80E (Repaymentof intereston loantakenfor highereducationof assessehimselfor his spouseor hischildrenor the studentfor whomhe is the legalguardian G Under Section 80G (Donation to certain funds for charitable purpose) (Upto 2OOO-unles.sthe amount is paid by any mode other than cash) H Under Section 80 GG (House rent paid by the assessee for his own residence) Under Section 80 GGA (Certaindonationfor scientificresearchor ruraldevelopment) (Upto max. RS paid in cash) J Under Section 80 TT A (Deductionin respectof intereston depositin SavingsBankAccount(Max.10000) K Under Section 80 TTB (DeductionuptoRS in respectof interest incomefromdepositsheldbyseniorcitizenfromgrosstotal income L Under Section 80U (ncaseof an assesseewithdisability-maximum75000/- ( in normaldisability)and RS /- (incaseof severedisability) Certificatetobeobtainedfrom Medical Authority M Under any other section N ( please specify) Claimof deductionof intereston borrrowedcapitalfor houseproperty undersection24(b)(uptomax.2.0 lakhw.e.f.ay ) COMPUTATON OF TOTAL NCOME AND TAX PAYABLE THEREON 1 Gross salary (At S. No.4 above) 2 HRA received from the employer 3 Total (S.No. 1plus S.No.2) 4 Less: House rent allowance exempt UlS 10 (13A)-least of (a) Actual amount of HRA received from the employer (b) Actual expenditure incurred in payment of rent in excess of. 10% of salary (-) Rs.. (c) 40% of salary 5 BCilCiln\;~(S/.No.3 ttnnus S/.No.4) 6 a)deduction: US 16(iii)-(Professional Tax) b)deduction: US 80 CCD(2) { Employer's contribution towards NPS} 7 Balance (SL.No.5 minus S.No.6) 8 Add/Less: ncomelloss from house property as per form No.12C( +)( -) nterest on borrowed capital 9 Add: any other income reported by the employee 10 Standard Deduction under Section 16 (ia) 11 Gross total income (S.No.7+S.No.8+S.No.9-SL.No.10) 12 Deductions under Chapter VA of the (i) Under Section (a) 80CCG (b) BOD (c) BODO (d) BOOOB (e) BOE (f) BOG (y) BOGG (h) BOGGA (i) BOTTA (j) BOTTB (k) BOU () Others (rn) Section 24(b} Total ( a to ) (ii) Under Section 80CCE - RsAOOOO Deductible amount.. Rs. Rs..:.:.'-'..:-'-'-'-'-"-'-'-''--'-'_ Rs _ ' (a) 80C (b) 80CCC (c) 80CCD(1) (Restricted to RS ) (d) 80CCD(1 B) (Restricted to )* "(This amountcan not beclaimedbothundersub-sec-1and 1Bof Section-80CCD) Total (a to d). Rs Total deduction under Chaper VA {SL.No.12(i) plus 12(ii)} 14 Total income / Taxable income (S.No.11 minus S.No.13) should be roundoff to the next nearest multiple ten rupees) or say 15 Tax payable (on the amount as at S.No.14) 1/21/ PM

6 .T. of Rates of income tax: (A) Normal rates of tax: (Below 60 years of age) (i) Where the total income does not exceed /- (ii) (iii) (iv) Where the total income exceeds /- but does not exceed /- Where the total income exceeds 500OCl'O/- but does not exceed /- Where the total income exceeds RS /- (8) n case of every individual being a senior citizen (60 years or more) (i) (ii) (iii) (iv) Where the total income does not exceed /- Where the total income exceeds /- but does not exceed /- Where the total income exceeds /- but does not exceed Where the total income exceeds 1000OOO/- Nil 5 percent of the amount by which the total income exceeds / /- plus 20 percer1tof the amount by which the total income exceeds / /- plus 30 percent of the amount by which the total income exceeds 10 lakh Nil 5 percent of the amount by which the total income exceeds 300OOO/ plus 20 percent of the amount by the total income exceeds / /- plus 30 percent of amount by which total income exceeds /- 16 Less: Rebate under Section 87A (The amouont of rebate is 100% of income tax payable on total income or taxable income or 2500/- whichever is less if total income/ taxable income remain at /- or less) 17 Balance tax payable (S.No.15 minus S.No.16) 18 Add: Health and Education Cess (@4% of the amount as at S.No.17) 19 Total tax payable (Tax plus Health and Education Cess) (S.No.17 + S.No.18) 20 Less: Relief U/S 89(1)- When salary paid in arrear or advance 21 Tax payable after deduction of relief U/S 89(1) (SL.No.19 minus 20) 22 Tax already deducted from March2018 to December Tax payable/refundable (S.No. 21 minus 22) 24 Tax to be deducted in January Tax to be deducted in February 2019 Date: Signature of the employee with date FOR USE N COMPTROLLER'S OFFCE Computation of ncome Tax made as per Guidelines contained in the Circular No.1/2019 dated of Government of ndia Ministry of Finance Deptt. of Revenue Central Board of Direct Taxes New Delhi and correct and full deduction of tax effected from the Salaries/Arrear salaries paid during the financial year Manoi' Signature of Dealing Assistant )!ccounts Section O'U)!'T (Proper) (with date) Signature of the Section Officer )!ccounts Section O'U)!'T(Proper) (with date) 1/21/ PM

7 Name: MONTHLY SALARY CALCULATON FOR THE YEAR OF Designation r ~-----] " RECEPT DEDUCTON r r r ~ ~ ~ ~ GC A.G.P NPS G.P.F N.P.S. ncome Prof. Month Pay Total D.A. ON Total H.R.A. Employer :GPF (S b) Employees L..C G.P Tax SP Contribution Tax U DA to GPF Subscription ' Mar-18 Apr-18 May-18 'Jun-18 Jul-18 Aug-18 :Sep-18 : 1 1 'Oct-18 ' Nov-18 Dec-18 'Jan-19 ' 1 1 ;~~b-151 L ~ _! TOT ~-'=- ~ ~ 1 ARREARS - - i -r f!-.j L!- --L _ _ 1...L.- _ < Ị J " J --L --.J t ~- - r=- j _~..' _ -_.-- - 'r~ll~1'- -~-! -. -~ % DA '::~~::~\;4'~8 l ~.. --._- l 1 RACP ~rrear -r -~~ t i -.-~ : ---- 'TOTAL~RREAR T f (~ANo-ToTAL----r----J [----J r-----r r----J ;. J.J. ~ 1 L---:oalue of the employee withdale -----