Example #1
0
        public void MustCalculateNetPayableTaxWithAnnualSalaryOtherIncomesAndChapter6Investments()
        {
            var          taxPayer = new User(50000, true, Gender.Female);
            TaxSlabs     ts       = TaxSlabs.GetInstance();
            AnnualSalary asal     = new AnnualSalary
            {
                Basic            = 800000.50,
                Hra              = 1000,
                ProfessionalTax  = 100,
                SpecialAllowance = 10
            };

            OtherIncomes otherIncomes = new OtherIncomes();

            otherIncomes.Add(new OtherIncomeItem("Income from Interest", 4000.0));
            otherIncomes.Add(new OtherIncomeItem("Income from House Rent", 8000.0));

            Chapter6Investments investments = new Chapter6Investments();

            investments.Add(new LifeInsurance(50000));
            investments.Add(new Elss(60000));

            TaxStatement stmt = new TaxStatement(asal, taxPayer);

            stmt.OtherIncomes        = otherIncomes;
            stmt.Chapter6Investments = investments;

            double totalIncome = ((asal.GetTaxableSalary() + otherIncomes.CalculateTotalAmount())
                                  -
                                  (asal.CalculateHraExemption(taxPayer.FromMetro, taxPayer.RentPaid)));

            double totalInvestments = (asal.Epf + investments.GetTotal());

            totalIncome -= totalInvestments <= Chapter6Investments.Cap
                 ? totalInvestments
                 : Chapter6Investments.Cap;

            Assert.AreEqual(120473,
                            stmt.CalculateNetPayableTax(), 2);
        }
Example #2
0
        public void MustCalculateNetPayableTaxWithAnnualSalaryOtherIncomesAndChapter6Investments()
        {
            var taxPayer = new User(50000, true, Gender.Female);
            TaxSlabs ts = TaxSlabs.GetInstance();
            AnnualSalary asal = new AnnualSalary
                                   {
                                       Basic = 800000.50,
                                       Hra = 1000,
                                       ProfessionalTax = 100,
                                       SpecialAllowance = 10
                                   };

            OtherIncomes otherIncomes = new OtherIncomes();
            otherIncomes.Add(new OtherIncomeItem("Income from Interest", 4000.0));
            otherIncomes.Add(new OtherIncomeItem("Income from House Rent", 8000.0));

            Chapter6Investments investments = new Chapter6Investments();
            investments.Add(new LifeInsurance(50000));
            investments.Add(new Elss(60000));

            TaxStatement stmt = new TaxStatement(asal,taxPayer);
            stmt.OtherIncomes = otherIncomes;
            stmt.Chapter6Investments = investments;

            double totalIncome = ((asal.GetTaxableSalary() + otherIncomes.CalculateTotalAmount())
                                  -
                                  (asal.CalculateHraExemption(taxPayer.FromMetro, taxPayer.RentPaid)));

            double totalInvestments = (asal.Epf + investments.GetTotal());

            totalIncome -= totalInvestments <= Chapter6Investments.Cap
                 ? totalInvestments
                 : Chapter6Investments.Cap;

            Assert.AreEqual(120473,
                stmt.CalculateNetPayableTax(),2);
        }