Click here to Download Income Tax Calculator with Master of Form 16 Part B with 24Q and 26Q All Quarters for the Financial Year 2014-15 and Assessment Year 2015-16
The Financial Year 2013-14 and Assessment Year 2014-15 have already gone and the New Financial Year 2014-15 and Assessment Year 2015-16 have already started since 1st April 2014 to 31st March 2015. As per the Central Budget it appears that no changes in the Income Tax Slab for the Assessment Year 2015-16 and the other Income Tax Benefits is same as the previous Financial year 2013-14.
The CBDT have already changes the Format of Income Tax Form 16 and this Form 16 have in the two parts one is Form 16 Part A which is mandatory to download from the TRACES PORTAL(www.tdscpc.gov.in) and another Part of Form 16 Part B is must be prepared by the employer. In this Part B have the all details of employee's Salary and benefits.
The Income Tax Challan 24Q (For Govt Concerned) and 26 Q(For Non Govt Concerned) also prepare for submitting the each Quarter end by this Challan this 24Q and 26Q by the employer. Now it comes the 1st Quarter Cahallan submit date in the June 2014 and you have to prepare and submit your employees Quarter wise return to the Income Tax Department for the Financial Year 2014-15.
Below given Excel Based Automated Income Tax Calculator as well as automated Form 16 Part B with the Challan 24Q and 26Q for the all quarters for the Financial Year 2014-15 and Assessment Year 2015-16. This Utility can help and reduce your time for preparation of 24Q or 26Q with Form 16 Part B.
