Download Free Income Tax Calculator For FY 2021-22 (AY 2022-23) Excel Download under both Old and New Tax regime at a glance.
This is an automatic Income Tax Calculator for Salaried Employees AY 2022-23 in excel old and new.
TDS Section 194Q-TDS on Purchase of Goods w.e.f 01.07.2021
Applicability of Section 194Q:
•Buyer’s turnover exceeds 10 Cr in previous year
•Payment exceeds over & above ₹50 Lakh in current year
•TDS@0.10% if PAN available
•TDS@5% if no PAN available
Long Term Capital Gain Tax Rate for FY 2020-21 and AY 2021-22-LTCG on Immovable Properties, Shares and Mutual Funds. Mutual Fund Capital Gains Tax, SIPs.
What is MAT-Minimum Alternate Tax or MAT Tax @15% on the Book Profits of a company assessee. MAT Calculation with Example.How to utilise MAT Credit with example
Section 80TTA Deduction-TDS on Interest
Interest from a savings account is allowed up to ₹10000 received from
-a Bank
– a Post office
– a Co-operative Society
Section 68 of Income Tax Act deals with unexplained cash credit in the nature of loans, advances, deposits, share capital etc. Section 115BBE of Income Tax Act.
What Is TCS Tax-Tax Collected at Source as per Section 206C(1H) applicable w.e.f 01.10.2020 with examples. What is TCS Tax? How to calculate TCS in Income Tax.
Form 15G: As per the Income Tax Rules 1962, an individual aged below 60 years, is required to submit a declaration in Form 15G to the respective entities such as Banks, Financial institution for not deducting TDS on the interest income.
Download Excel based Income Tax Calculator for FY 2020-21 & AY 2021-22/ Income Tax Calculator Excel Download/ Simple Income Tax Calculator Excel AY 2021-22.
Rebate u/s 87A for F.Y 2019-20 and A.Y 2020-21. Are you eligible to claim the rebate of ₹12,500? Since there has been a tremendous increase in the numbers of income tax return filers in very recent years, the Central Government has embraced this act of tax payers , and as a result, in the Finance Bill … Read more