Saturday, 24 February 2018

Automated Income Tax Challan Form 280 in Excel Format Up to date Version.

Auto Fill / Auto Total - Challan form for payment of Income Tax on Companies, (Corporation Tax) and Income Tax (Other than Companies) in Excel Format

Friday, 23 February 2018

Download Automated TDS on Salary All in One for Bihar State Employees for F.Y.2017-18

As the Income Tax Slab has already changed by the Finance Budget for the Financial Year 2017-18. 
Tax Rate up to Rs. 2.5 Lakh is NIL

Below Taxable Income 5 Lakh the Tax Rate @ 5% instead the previous financial year 2016-17 was @ 10%. Who's Taxable Income above 5 lakh the rate of Tax @ 20% below 60 years age.

The Income Tax Rebate has also reduce from 5 thousand to Rs. 2.500/- who's Taxable Income below 3.5 Lakh they can get this Tax Rebate. Other Section like as 80C has no changed in this Financial Year 2017-18.

Thursday, 22 February 2018

How to Reduce your Tax through some Income Tax Section with Automatic Form 16 Part B and All in One and Automatic HRA Calculator and Arrears Relief Calculator for Financial Year 2017-18

Some of these exemptions/ deductions are discussed below as per the Income Tax Rules
House Rent Allowance (HRA) U/s 10(13A) - Supporting documents for rent payments to the landlord are required to be submitted to claim the tax exemption on HRA. However, if the HRA received per month is Rs 3,000 or less, the employee need produce any supporting documents for such rent payments, at the time of assessment/ inquiry, shall still have the right to call for the supporting documents.

Wednesday, 21 February 2018

Automated All in One TDS on Salary for Assam State Employees for F.Y.2017-18

NPS Tax Benefits – Sec.80CCD(1), 80CCD(2) and 80CCD(1B), With Automated All in One TDS on Salary for F.Y.2017-18

There is so much confusion about NPS Tax Benefits after the 2016 Budget. Hence, in this post let us discuss about NPS Tax Benefits under sections 80CCD(1), 80CCD(2) and 80CCD(1B) and how to claim additional tax benefits.

Automated Income Tax TDS on Salary All in One for Govt & Non-Govt employees for F.Y.2017-18, with Claim Tax Benefit on both HRA & Home Loan?

Can you claim Tax Benefit for both HRA & Home Loan? – A question which is often asked by many taxpayers. This is mainly because many employers do not allow both tax benefits together in certain situations. Unfortunately, this is NOT the right thing to do.

Automated All in One TDS on Salary West Bengal Govt employees for F.Y.2017-18 with Tax Benefit for Rent Paid U/s 80GG with Form 12BB

Section 80GG is one of the lesser-known sections which can be used by taxpayers to lessen their tax burden by claiming tax exemption for rent paid (in case HRA is not part of salary). This section can be used by being either salaried/pensioner or self-employed taxpayers.