As per the Budget 2020 has introduced a New Income Tax
Section 115 BAC for the Financial Year 2020-21, also the CBDT declare A
Notification about this New Section that how to calculate your Income Tax under
this Section. You can choose your option that you can get the Old Tax Regime or
New Tax Regime. It also appears that if you choose the New Tax Regime, you can
not availed any Income Tax benefits except the NPS benefits by the employer to
the employees and no additional Tax Slab for the Senior Citizen in this New Tax
Slab. But if you choose the Old Tax Regime you can get all benefits of all Income Tax Sections and you also availed
the Old Income Tax Slab Rate as per the F.Y.2019-20. Then it is questioned how to
choose the Tax Benefits, read the article How to Choose your Option New or Old Tax Regime.
Showing posts with label Tax Relief Form 10E. Show all posts
Showing posts with label Tax Relief Form 10E. Show all posts
Monday, 31 August 2020
Friday, 14 July 2017
As the Financial Year 2017-18 and Assessment Year 2018-19 has already started from 1st April 2017 which will be the end of 31st March 2018, So you can calculate for the Taxable Income for the Financial Year 2017-18 and Assessment Year 2018-19 by the given below Income Tax Calculator for F.Y. 2017-18.
If you have got any Arrears Amount of Salary from the Previous Financial Years, you may obtain how to Relief from Tax through the Income Tax Arrears Relief Calculator U/s 89(1) and prepare the Form 10E for the F.Y. 2017-18.
Download the Excel Utility which can calculate automatically your Arrears Relief U/s 89(1) with Form 10E in Excel Format with the help by the Income Tax Calculator for F.Y.2017-18 in the new tax slab for F.Y.2017-18.
Main Input Sheet for Arrears Relief U/s 89(1)
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Arrears Relief Calculation From F.Y.2000-01 to F.Y.2017-18
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Form 10E
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Download Automated Arrears Relief Calculator U/s 89(1) with Form 10E From the Financial Year 2000-01 to F.Y.2017-18 ( Updated Version) as per the Finance Budget 2017-18 with new Tax Slab for F.Y.2017-18
Income Tax Calculator input sheet
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Tax Computed Sheet
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