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Showing posts with label Income Tax Calculator for AY 2015-16. Show all posts
Showing posts with label Income Tax Calculator for AY 2015-16. Show all posts

Tuesday 9 December 2014

As per the Central Finance Budget, the Income Tax Slab has already Raised from 2 lakh to 2.5 Lakh, and the most popular Tax Section 80C has also Raised from 1 lakh to 1.5 Lakh. It is also available the Tax Rebate Rs. 2,000/- U/s 87A. 

It appears from the various web site, published various type of Income Tax Calculator, but all are not complete Tax Calculator which can prepare all calculation as required for the submit the Income Tax Statement to the employee's office or Dedoctor.

Here is given below an unique Excel Based Software only for the Private / Non-Govt employees for the Financial Year 2014-15. This Excel Based Software can prepare at a time your Tax Compute Sheet + Salary Structure + Salary Sheet + Automatic HRA Exemption Calculation + Form 16 Part A&B and Part B + Form 12 BA. 

Main feature of this Excel Utility :-
1) Prepare at a time all tax compute sheet for fy 2014-15
2) Tax Slab and other Tax Section have in this Utility as per Finance Budget 2014-15
3) All calculation will be calculate automatically 
4) Automatic Convert the Amount in to the In Words without any Excel Formula
5) Automated Form 16 Part A&B ( Modified Format of Form 16)
6) Automated Form 16 Part B ( Modified Format)
7) The Salary Structure have prepare on the salary pattern of Private Concerned pattern

Download the All in One TDS on Salary for Private Employees For Financial Year 2014-15 (Prepare at a time Tax Compute Sheet+HRA Compute + Form 12 BA + Form 16 Part A&B + Form 16 Part B)

Saturday 1 November 2014

Click above link to Download the All in One TDS on Salary for Private Employees for the Financial Year 2014-15
 The Income Tax Department (CBDT) have already changed the format of Form 16 dated 19/02/2013 and also Mandatory to download the Form 16 Part A from the TRACES portal. Previously we saw the Form 16 Part A & Part B in one sheet. But it is clear that the Part A, where TDS on Salary of an employee and Part B must be prepare by the Employer or deductor. Some brief is given below the CBDT Notification:

Here is also given below the unique Excel Based Income Tax preparation software which can prepare at a time the employees Salary Sheet + Automatic Calculation of House Rent Exemption + Arrears Relief + Form 16 for the Financial Year 2013-14 and Assessment Year 2015-16. This Excel Utility Only for Private Concerned Employees

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii) of dated the 19th February, 2013]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES)

New Delhi, the 19th February, 2013

NOTIFICATION

INCOME-TAX


S.O.410 (E).— In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:—

1. (1) These rules may be called the Income-tax (2nd Amendment) Rules, 2013.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Income-tax Rules, 1962, (hereinafter referred to as the said rules) in rule 31A,—

(a)                in sub-rule (3),—
(A) in clause (i), for item (b), the following items shall be substituted, namely:—
“(b) furnishing the statement electronically under digital signature in accordance with the procedures, formats and standards specified under sub-rule (5);

(c) furnishing the statement electronically along with the verification of the statement in Form 27A or verified through an electronic process in accordance with the procedures, formats and standards specified under sub-rule (5)”;

(B)              in clause (ii), for the words, brackets and letters “item (b) of clause (i)”, the words, brackets and letters “item (b) or item (c) of clause (i)” shall be substituted;
(C)              in clause (iii), for the words, brackets and letters “item (b) of clause (i)”, the words, brackets and letters “item (b) or item (c) of clause (i)” shall be substituted;
(b)   after sub-rule (3), the following sub-rule shall be inserted, namely:—
“(3A) A claim for refund, for sum paid to the credit of the Central Government under Chapter XVII-B, shall be furnished by the deductor in Form 26B electronically under digital signature in accordance with the procedures, formats and standards specified under sub-rule (5).”;
(c) in sub-rule (4), after clause (vii), the following clause shall be inserted, namely:— “(viii) furnish particulars of amount paid or credited on which tax was not deducted in view of the notification issued under sub-section (1F) of section 197A.”;
(d) for sub-rule (5), the following sub-rule shall be substituted, namely:—
“(5) The Director General of Income-tax (Systems) shall specify the procedures, formats and standards for the purposes of furnishing and verification of the statements or claim for refund in Form 26B and shall be responsible for the day-to-day administration in relation to furnishing and verification of the statements or claim for refund in Form 26B in the manner so specified.”.

3.  in rule 31AA of the said rules,—
Download All in One for Private Concerned Employees For FY 2014-15 from the below link