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 MustHaveAnAnnualSalary()
{
AnnualSalary asal = new AnnualSalary();
TaxStatement stmt = new TaxStatement(asal, null);
Assert.AreSame(asal, stmt.AnnualSalary);
}
public void ShouldReturnNoDeductionIfEpfIsNotAvailableAndNoOtherInvestmentIsMade()
{
var salary = new AnnualSalary {
Epf = 0
};
TaxStatement ts = new TaxStatement(salary, null);
Assert.AreEqual(0, ts.GetChapter6Deductions(), 0.01);
}
public void ShouldReturnEpfAsDeductionIfNoOtherInvestmentIsMade()
{
const int epfContribution = 100;
var salary = new AnnualSalary {
Epf = epfContribution
};
TaxStatement ts = new TaxStatement(salary, null)
{
Chapter6Investments = null
};
Assert.AreEqual(epfContribution, ts.GetChapter6Deductions(), 0.01);
}
public void MustCalculateNetPayableTaxWithOnlyAnnualSalary()
{
var taxPayer = new User(50000, true, Gender.Female);
TaxSlabs ts = TaxSlabs.GetInstance();
AnnualSalary asal = new AnnualSalary
{
Basic = 200000.50,
Hra = 1000,
ProfessionalTax = 100,
SpecialAllowance = 10
};
TaxStatement stmt = new TaxStatement(asal, taxPayer);
Assert.AreEqual(1891.05d, stmt.CalculateNetPayableTax());
}
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 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 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 ComputeTaxShouldDeductTDSValueFromTheNetTaxPayableValue()
{
var taxPayer = new User(50000, true, Gender.Female);
TaxSlabs ts = TaxSlabs.GetInstance();
AnnualSalary asal = new AnnualSalary
{
Basic = 200000.50,
Hra = 1000,
ProfessionalTax = 100,
SpecialAllowance = 10,
TaxDedeuctedAtSource = 1000
};
TaxStatement stmt = new TaxStatement(asal, taxPayer);
Assert.AreEqual(891.04, stmt.CalculateNetPayableTax(), 2);
}
public void ShouldReturnZeroDeductionIfInvestmentIsNotAvailableAndEpfIsZero()
{
var salary = new AnnualSalary {
Epf = 0.0
};
TaxStatement ts = new TaxStatement(salary, null);
Assert.AreEqual(0.0, ts.GetChapter6Deductions(), 0.01);
salary = new AnnualSalary();
ts = new TaxStatement(salary, null)
{
Chapter6Investments = new Chapter6Investments()
};
Assert.AreEqual(0.0, ts.GetChapter6Deductions(), 0.01);
}
public void MustCalculateNetPayableTaxWithAnnualSalaryAndDeductions()
{
var taxPayer = new User(0, true, Gender.Female);
TaxSlabs ts = TaxSlabs.GetInstance();
AnnualSalary asal = new AnnualSalary
{
Basic = 600000,
Hra = 100000
};
TaxStatement stmt = new TaxStatement(asal, taxPayer);
DonationsUnder80G donationsUnder80G = new DonationsUnder80G();
donationsUnder80G.AddDonation(new FullyExemptDonation(1000));
stmt.DonationsUnder80G = donationsUnder80G;
Assert.AreEqual(116700.0, stmt.CalculateNetPayableTax(), 0.01);
}
public void ShouldSaveAndLoadTaxStatementWithHousingLoanInterest()
{
IRepository repository = new Repository();
AnnualSalary salary = new AnnualSalary()
{
Basic = 10000, Epf = 2000, Hra = 6000, Id = "salary", ProfessionalTax = 200, SpecialAllowance = 5000, TaxDedeuctedAtSource = 5000
};
TaxStatement taxStatement = new TaxStatement(salary, null);
DonationsUnder80G donationsUnder80G = new DonationsUnder80G();
donationsUnder80G.AddDonation(new HalfExemptDonation(20000));
donationsUnder80G.AddDonation(new FullyExemptDonation(10000));
OtherIncomes ois = new OtherIncomes();
IList <OtherIncomeItem> items = new List <OtherIncomeItem>()
{
new OtherIncomeItem("Income from House Rent", 16000.0), new OtherIncomeItem("Income from Bank Account Interest", 6000.0)
};
foreach (OtherIncomeItem otherIncomeItem in items)
{
ois.Add(otherIncomeItem);
}
taxStatement.OtherIncomes = ois;
taxStatement.DonationsUnder80G = donationsUnder80G;
taxStatement.HousingLoanInterest = new HousingLoanInterest(10000);
repository.Save(taxStatement);
List <TaxStatement> taxStatements = repository.LoadAll <TaxStatement>();
var loadedTaxStatement = taxStatements.FirstOrDefault(stmt => stmt.Id == taxStatement.Id);
Assert.IsNotNull(loadedTaxStatement);
Assert.IsNotNull(loadedTaxStatement.OtherIncomes);
Assert.IsTrue(loadedTaxStatement.OtherIncomes.HasItems);
Assert.AreEqual(2, loadedTaxStatement.OtherIncomes.Count);
foreach (OtherIncomeItem otherIncomeItem in loadedTaxStatement.OtherIncomes.GetItems())
{
Assert.IsTrue(items.Contains(otherIncomeItem));
}
Assert.AreEqual(10000, loadedTaxStatement.HousingLoanInterest.Amount);
}
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);
}
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 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 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 ShouldSaveTheInvestmentAlongWithTaxStatement()
{
var taxPayer = new User(0, true, Gender.Female);
TaxSlabs ts = TaxSlabs.GetInstance();
AnnualSalary asal = new AnnualSalary
{
Basic = 600000,
Hra = 100000
};
TaxStatement stmt = new TaxStatement(asal, taxPayer);
stmt.Chapter6Investments = new Chapter6Investments();
LifeInsurance LICInvestment = new LifeInsurance(10000);
stmt.Chapter6Investments.Add(LICInvestment);
LICInvestment.TaxStatement = stmt;
Repository taxStatementRepo = new Repository();
taxStatementRepo.Save(stmt);
Assert.AreEqual(LICInvestment.GetAmount(), taxStatementRepo.GetInvestmentDetails(stmt.Id).GetAmount());
}
public void ShouldSaveAndLoadTaxStatement()
{
IRepository repository = new Repository();
var password = new Password {
PasswordString = "abc"
};
var email = new EmailAddress("*****@*****.**");
var taxPayer = new User(email, password);
taxPayer.FromMetro = true;
taxPayer.RentPaid = 8000.00;
AnnualSalary salary = new AnnualSalary()
{
Basic = 10000, Epf = 2000, Hra = 6000, Id = "salary", ProfessionalTax = 200, SpecialAllowance = 5000, TaxDedeuctedAtSource = 5000
};
TaxStatement taxStatement = new TaxStatement(salary, taxPayer);
DonationsUnder80G donationsUnder80G = new DonationsUnder80G();
var halfExemptDonation = new HalfExemptDonation(20000);
donationsUnder80G.AddDonation(halfExemptDonation);
var fullyExemptDonation = new FullyExemptDonation(10000);
donationsUnder80G.AddDonation(fullyExemptDonation);
taxStatement.DonationsUnder80G = donationsUnder80G;
repository.Save(taxStatement);
List <TaxStatement> taxStatements = repository.LoadAll <TaxStatement>();
var loadedTaxStatement = taxStatements.FirstOrDefault(stmt => stmt.Id == taxStatement.Id);
Assert.IsNotNull(loadedTaxStatement);
Assert.IsNotNull(loadedTaxStatement.TaxPayer);
Assert.IsTrue(taxStatement.GetDonationsUnder80G().Contains(halfExemptDonation));
Assert.IsTrue(taxStatement.GetDonationsUnder80G().Contains(fullyExemptDonation));
}
public void MustCalculateNetPayableTaxWithAnnualSalaryAndOtherIncomes()
{
var taxPayer = new User(50000, true, Gender.Female);
TaxSlabs ts = TaxSlabs.GetInstance();
AnnualSalary asal = new AnnualSalary
{
Basic = 200000.50,
Hra = 1000,
ProfessionalTax = 100,
SpecialAllowance = 10
};
TaxStatement stmt = new TaxStatement(asal, taxPayer);
OtherIncomes otherIncomes = new OtherIncomes();
otherIncomes.Add(new OtherIncomeItem("Income from Interest", 4000.0));
otherIncomes.Add(new OtherIncomeItem("Income from House Rent", 8000.0));
stmt.OtherIncomes = otherIncomes;
double totalIncome = asal.GetTaxableSalary() + otherIncomes.CalculateTotalAmount();
Assert.AreEqual(3091,
stmt.CalculateNetPayableTax(), 2);
}
public void Save(TaxStatement taxStatement)
{
Session.Save(taxStatement);
}
