public void MustCalculateNetPayableTaxWithAnnualSalaryOtherIncomesAndChapter6Investments()
{
var taxPayer = new User(50000, true, Gender.Female);
TaxSlabs ts = TaxSlabs.GetInstance();
AnnualSalary asal = new AnnualSalary
{
Basic = 810000.50,
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.HousingLoanInterest = new HousingLoanInterest(10000);
stmt.OtherIncomes = otherIncomes;
stmt.Chapter6Investments = investments;
Assert.AreEqual(120473,
stmt.CalculateNetPayableTax(), 2);
}
public void MustCalculateNetPayableTaxWithAnnualSalaryOtherIncomesAndChapter6Investments()
{
var taxPayer = new User(50000, true, Gender.Female);
TaxSlabs ts = TaxSlabs.GetInstance();
AnnualSalary asal = new AnnualSalary
{
Basic = 810000.50,
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.HousingLoanInterest = new HousingLoanInterest(10000);
stmt.OtherIncomes = otherIncomes;
stmt.Chapter6Investments = investments;
Assert.AreEqual(120473,
stmt.CalculateNetPayableTax(), 2);
}
public void ShouldReturnLifeInsuranceInvestmentAsDeductionIfNoOtherInvestmentIsMadeAndEpfIsZero()
{
var investments = new Chapter6Investments();
investments.Add(new LifeInsurance(30000));
var salary = new AnnualSalary {Epf = 0};
TaxStatement ts = new TaxStatement(salary, null) { Chapter6Investments = investments };
Assert.AreEqual(30000.0, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnDeductionCapAsDeductionWhenOnlyHousingLoanPrincipalAsInvestementWithEpfAsZeroAndExceedsTheCap()
{
var investments = new Chapter6Investments();
investments.Add(new HousingLoanPrincipal(100001));
var salary = new AnnualSalary { Epf = 0 };
TaxStatement ts = new TaxStatement(salary, null) { Chapter6Investments = investments };
Assert.AreEqual(Chapter6Investments.Cap, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnCapValueAsDeductionIfLifeInsuranceAndElssInvestmentsExceedsTheCapAndOtherInvestmentAreZero()
{
var investments = new Chapter6Investments();
investments.Add(new LifeInsurance(50000));
investments.Add(new Elss(60000));
var salary = new AnnualSalary {Epf = 0};
TaxStatement ts = new TaxStatement(salary, null) { Chapter6Investments = investments };
Assert.AreEqual(Chapter6Investments.Cap, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnDeductionCapAsDeductionWhenTotalOfAllInvestmetIsAboveDeductionCap()
{
var investments = new Chapter6Investments();
investments.Add(new LifeInsurance(50000));
investments.Add(new Elss(30000));
investments.Add(new PublicProvidentFund(10000));
var salary = new AnnualSalary {Epf = 500000};
TaxStatement ts = new TaxStatement(salary, null) { Chapter6Investments = investments };
Assert.AreEqual(Chapter6Investments.Cap, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnLifeInsuranceInvestmentAsDeductionIfNoOtherInvestmentIsMadeAndEpfIsZero()
{
var investments = new Chapter6Investments();
investments.Add(new LifeInsurance(30000));
var salary = new AnnualSalary {
Epf = 0
};
TaxStatement ts = new TaxStatement(salary, null)
{
Chapter6Investments = investments
};
Assert.AreEqual(30000.0, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnTotalDeductionsAsDeductionWhenOnlyHousingLoanPrincipalAsInvestementWithEpfAsZeroAndUnderTheCap()
{
var investments = new Chapter6Investments();
investments.Add(new HousingLoanPrincipal(60001));
var salary = new AnnualSalary {
Epf = 0
};
TaxStatement ts = new TaxStatement(salary, null)
{
Chapter6Investments = investments
};
Assert.AreEqual(60001, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnDeductionCapAsDeductionWhenOnlyHousingLoanPrincipalAsInvestementWithEpfAndExceedsTheCap()
{
var investments = new Chapter6Investments();
investments.Add(new HousingLoanPrincipal(90001));
var salary = new AnnualSalary {
Epf = 10000
};
TaxStatement ts = new TaxStatement(salary, null)
{
Chapter6Investments = investments
};
Assert.AreEqual(Chapter6Investments.Cap, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnSumOfLifeInsuranceAndElssIfBothAreWithinCapAndOtherInvestmentAreZero()
{
var investments = new Chapter6Investments();
investments.Add(new LifeInsurance(30000));
investments.Add(new Elss(60000));
var salary = new AnnualSalary {
Epf = 0
};
TaxStatement ts = new TaxStatement(salary, null)
{
Chapter6Investments = investments
};
Assert.AreEqual(90000.0, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnTotalPpfInvestmentAsDeductionIfPpfInvestmentIsWithinPpfCapAndNoOtherInvestmentIsMade()
{
var investments = new Chapter6Investments();
const double ppfContribution = 69999.99;
investments.Add(new PublicProvidentFund(ppfContribution));
var salary = new AnnualSalary {
Epf = 0
};
TaxStatement ts = new TaxStatement(salary, null)
{
Chapter6Investments = investments
};
Assert.AreEqual(ppfContribution, ts.GetChapter6Deductions(), 0.01);
}
ShouldReturnCapValueAsDeductionIfLifeInsuranceAndElssInvestmentsExceedsTheCapAndOtherInvestmentAreZero()
{
var investments = new Chapter6Investments();
investments.Add(new LifeInsurance(50000));
investments.Add(new Elss(60000));
var salary = new AnnualSalary {
Epf = 0
};
TaxStatement ts = new TaxStatement(salary, null)
{
Chapter6Investments = investments
};
Assert.AreEqual(Chapter6Investments.Cap, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnDeductionCapAsDeductionWhenTotalOfAllInvestmetIsAboveDeductionCap()
{
var investments = new Chapter6Investments();
investments.Add(new LifeInsurance(50000));
investments.Add(new Elss(30000));
investments.Add(new PublicProvidentFund(10000));
var salary = new AnnualSalary {
Epf = 500000
};
TaxStatement ts = new TaxStatement(salary, null)
{
Chapter6Investments = investments
};
Assert.AreEqual(Chapter6Investments.Cap, ts.GetChapter6Deductions(), 0.01);
}
ShouldReturnTotalInvestmentAsDeductionIfLicElssAndPpfInvestmentsAreWithinTheInvestmantCapAndEpfIsZero()
{
var investments = new Chapter6Investments();
investments.Add(new LifeInsurance(50000.09));
investments.Add(new Elss(30000));
investments.Add(new PublicProvidentFund(19999.9));
var salary = new AnnualSalary {
Epf = 0
};
TaxStatement ts = new TaxStatement(salary, null)
{
Chapter6Investments = investments
};
Assert.AreEqual(99999.99, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnTotalInvestmentCapAsDeductionIfLicElssAndPpfInvestmentsExceedsTheCapAndEpfIsZero()
{
var investments = new Chapter6Investments();
investments.Add(new LifeInsurance(50000));
investments.Add(new Elss(30000));
investments.Add(new PublicProvidentFund(20000.01));
var salary = new AnnualSalary {
Epf = 0
};
TaxStatement ts = new TaxStatement(salary, null)
{
Chapter6Investments = investments
};
Assert.AreEqual(Chapter6Investments.Cap, ts.GetChapter6Deductions(), 0.01);
}
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);
}
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);
}
public void ShouldReturnTotalDeductionsAsDeductionWhenOnlyHousingLoanPrincipalAsInvestementWithEpfAndUnderTheCap()
{
var investments = new Chapter6Investments();
investments.Add(new HousingLoanPrincipal(60001));
var salary = new AnnualSalary { Epf = 10000 };
TaxStatement ts = new TaxStatement(salary, null) { Chapter6Investments = investments };
Assert.AreEqual(70001, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnSumOfLifeInsuranceAndElssIfBothAreWithinCapAndOtherInvestmentAreZero()
{
var investments = new Chapter6Investments();
investments.Add(new LifeInsurance(30000));
investments.Add(new Elss(60000));
var salary = new AnnualSalary {Epf = 0};
TaxStatement ts = new TaxStatement(salary, null) { Chapter6Investments = investments };
Assert.AreEqual(90000.0, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnTotalPpfInvestmentAsDeductionIfPpfInvestmentIsWithinPpfCapAndNoOtherInvestmentIsMade()
{
var investments = new Chapter6Investments();
const double ppfContribution = 69999.99;
investments.Add(new PublicProvidentFund(ppfContribution));
var salary = new AnnualSalary {Epf = 0};
TaxStatement ts = new TaxStatement(salary, null) { Chapter6Investments = investments };
Assert.AreEqual(ppfContribution, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnTotalInvestmentCapAsDeductionIfLicElssAndPpfInvestmentsExceedsTheCapAndEpfIsZero()
{
var investments = new Chapter6Investments();
investments.Add(new LifeInsurance(50000));
investments.Add(new Elss(30000));
investments.Add(new PublicProvidentFund(20000.01));
var salary = new AnnualSalary {Epf = 0 };
TaxStatement ts = new TaxStatement(salary, null) { Chapter6Investments = investments };
Assert.AreEqual(Chapter6Investments.Cap, ts.GetChapter6Deductions(), 0.01);
}
