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Sunday, 5 September 2021

 

 Download Auto-Fill PAN Card Application Form 49 A in Excel. The full form of a PAN card means a

 permanent account number card. It is a ten-letter alpha-numeric identification card issued by the

 Income Tax Department of India to anyone applying for it. PAN is a unique identity card issued to all

 the judiciary which can be identified under the Income Tax Act, 1961. The PAN card serves as an

 important piece of evidence that can be used for identification purposes. 

Pan Card Application form 49 A

PAN was introduced to increase the linkage between various documents such as tax payment, assessment, tax claims and arrears. PAN was implemented for easy investment and matching of investment-related information. Any applicant who does not have a PAN card must register through one of these agencies. The PAN card was introduced in 1972under Section 139 A of the Income Tax Act, 1961. Then in 1976 PAN card was made mandatory for all tax-paying applicants.

 

 

PAN card numbers must be cited for filing annual income tax returns. The card is usually issued to those who pay taxes. In addition to individuals, it is issued to companies, partner organizations, Hindu Undivided Families (HUF), minors, students and others. PAN is a number where PAN card is a physical card consisting of the permanent account number (PAN), name of the person, date of birth, father's name, photo, the digital signature of the holder. PAN Card is a lifetime document and it is not affected due to a change of residential address. Learn the process of getting a PAN card within 2 days.

PAN card eligibility in India,

 

Documents required for PAN card when applying for a PAN card, some required documents should be submitted along with a PAN card application form (Form 49A or Form 49AA) or a recognition form (in case of online application). The list of required documents usually varies depending on the applicant.

 

Proof of identity of any one of the following for individual applicants:

 

Aadhaar card

 

Driving license

 

Electoral Voter ID

 

Any Photo ID Card issued by State or Central Government or Public Sector Undertaking Arms License

 

Original bank certificate issued by the bank with the letterhead of the bank from the concerned branch of the bank where the person has the account. Such a certificate should be attested by the issuing officer and the attested picture of the applicant along with the bank account number should be included.

 

Proof of address of the applicant (any one of the following)

Bank Deposits - Details of Expenses

Postpaid mobile phone bill

Electricity bill

Phone or broadband connection bill

Credit card statement

LPG or piped gas connection bill Gas connection bill

Passport Post Office Account Passbook Deposit Account Statement

Driving license

Voter ID card

Aadhaar card

Deed of registration of property

Original Certificate from the employer (if the employer is a reputed private or private corporation)

 Pan Card

Documents Proof of Date of birth as follows-

Passport

 

Matriculation Certificate

 

Birth certificate issued by a municipal authority or any authorized authority

 

Marriage certificate issued by the Registrar of Marriage driving license

 

Pension payment order

 

An affidavit was filed before the magistrate stating the date of birth of the applicant

 

Apply for PAN card online

 

Visit the UTIITSL or NSDL web portal. Properly fill in all the information on the PAN form with your exact details. Submit supporting documents (on a white background) with two passport size photos of you.

 

Pay processing fee (online). The pan will be sent to your residential address within 15 days.

 

Apply for PAN Card - Go to the authorized PAN Center offline and fill out the PAN form appropriately with your passport size photograph (on white background) and the correct details.

 

Why is the PAN number important?

For any financial transaction, it is mandatory to submit the Pan Card Number

 

General use of PAN cards serves as proof of identity. It can also be used as an essential document for tax matters. PAN can be used to keep track of tax payments.

 

Since PAN numbers are unique in nature, tax evasion through one or another strategy is almost impossible or difficult.

 

PAN card PAN number should be quoted in financial transactions if money equal to or more than Rs 50,000 is made for bank deposit. PAN quotes are required to purchase shares worth 50,000 or more.

 

 

PAN card form

 

The PAN card application form is often called Form No. 49A or Form No. 49AA and is used to assign a permanent account number (PAN).

 

There are two PAN application forms called Form 49A and Form 49AA Form 49A: This form is used by resident Indian citizens residing inside or outside the country. It is used to apply for a new PAN and to correct previously submitted information.

 

Pan Card Application Form 49AA: This form is used by a non-resident of the Indians.

Download Auto-Fill Excel Based Pan Card Application Form 49 A

Pan Card

Download Auto-Fill Pan Card Application Form 49 A


Pan Card Annexure A


Friday, 3 September 2021

 

 Income Tax Calculator All in One for the Government and Non-Government Employees

 for the  F.Y 2021-22 Excel Download (A.Y 2022-23). Unfortunately, there is little

 change in the 2021 budget in terms of income tax slabs, income tax rates and

 deductions. The government is as silent and realistic as possible about income tax.

 

Income Tax Calculator for F.Y.2021-22

As far as salaried employees and professionals are concerned, the 2021 budget was not very exciting, except for the benefit of additional housing interest under the affordable housing scheme for affordable housing and it has been extended to 311 March 2022 at U / S80 EEA.

 

Therefore, the income tax slab, rate and other deduction benefits for the old tax system are almost the same for F.Y 2020-21 and F.Y 2021-22 respectively. 

Income Tax Slab Rate for F.Y.2021-22

Income Tax Calculator F.Y 2021-22 you must know which tax system is more beneficial for you. Since there was no major income tax-related change in Budget 2021, it is more or less the same as in F.Y 2020-21.

You may also, like- Automated Income TaxCalculator All in One for the Andhra Pradesh State Employees for the F.Y.2021-22[This Excel Utility can prepare at a time your tax computed sheet + Individual Salary Structure as per the Andhra Pradesh State Employees salary patter + Automated H.R.A. Exemption Calculation U/s 10(13A) + Automated Income Tax Form 16 Part A&B and Form 16 Part B]

Income Tax Calculator All in One

Therefore, it is very important for a taxpayer to know the basic differences between the old vs. the new tax system.

 

The basic differences between the two existing tax systems are as follows

The old tax system is the new tax system

 

It encourages investment in tax savings instruments. This discourages investment in tax savings instruments.

 

Existing income tax is deductible. Existing large cuts are not allowed.

Standard deduction and professional tax are deducted from the income (maximum Rs. 52,400). Approved without any deduction for the standard deduction and occupational tax.

The facility of paying interest on housing is allowed. Paying interest on housing interest is not allowed.

 

Only 3 tax slabs such as 5%, 20% and 30% are applicable. Applicable 6 tax slabs such as 5%, 10%, 15%, 20%, 25% and 30%.

 

The 5% tax rate is largely ineffective. For every Rs 2.5 lakh, the tax slab is changed by 5%.

 

For income up to Rs 5 lakh, a tax exemption of Rs 12,500 is given.

 

Allowed to cut under chapter VI-A. There is no right to claim an exemption for choosing the new tax regime U/s 115 BAC

 

This tax system is more beneficial for income up to Rs 15 lakh. This tax system is more beneficial for income above Rs 15 lakh.

You may also, like- Automated Income Tax Calculator All in One for the Assam State Employees for the F.Y.2021-22[This Excel Utility can prepare at a time your tax computed sheet + Individual Salary Structure as per the Assam State Employees salary patter + Automated H.R.A. Exemption Calculation U/s 10(13A) + Automated Income Tax Form 16 Part A&B and Form 16 Part B]

 

Income Tax Calculator All in One for the Assam Employees

New Tax System Limitations F.Y 2021-22:

 

According to section 115BAC, a taxpayer who chooses a new income tax system is not eligible to claim the following income tax deductions:

 

Exemption from Travel Allowances Under Section 10 (5) 

 

H.R.A. allowances exemption U / S Section 10 (13A);

 

Allowances for the income of minors included in Article 10 (32);

Standard deduction at U / S 16, entertainment allowance and occupational tax;

 

Reduce the Income Tax under chapter VI-A such as 80C to 80 CCD(1) and 80U To 80 EEA

 

Income Tax Calculator A.Y 2022-23 Before using the Excel tool, first look at the Income Tax Slabs for F.Y 2021-22 and A.Y 2022-23:

 

You may also, like- Automated Income Tax Calculator All in One for the Bihar State Employees for the F.Y.2021-22[This Excel Utility can prepare at a time your tax computed sheet + Individual Salary Structure as per the Bihar State Employees salary patter + Automated H.R.A. Exemption Calculation U/s 10(13A) + Automated Income Tax Form 16 Part A&B and Form 16 Part B]

 

Salary Structure

 Income tax slab for F.Y.2021-22

 

Calculating income tax sometimes becomes a difficult task. Also, choose a tax system that raises questions in your mind.

 

This excel-based calculator is a combination of both old and new tax systems. You don't have to do anything extra. Just give details of all your income and deductions and this calculator will automatically calculate your final tax liability under both regimes.

 

Key Features of Excel's Old and New Income Tax Calculators AY 2022-23 as follows

 

It is a combined calculator for calculating your tax liability under the old and new tax systems;

 

You cannot use this tool to calculate your long-term capital gains tax;

Just put your details in the white cell, and don’t try to move other unused cells to maintain the sanctity of the calculator;

Excel Income Tax Calculator A.Y 2022-23 for the old and new tax regime

The 2021 budget is the most frustrating for salaried workers. No slabs have been changed, no additional tax benefits. The benefits of U / S 80EEA for new home buyers has been extended for one more year.

You may also, like- Automated Income Tax Calculator All in One for the Jharkhand State Employees for the F.Y.2021-22[This Excel Utility can prepare at a time your tax computed sheet + Individual Salary Structure as per the Andhra Jharkhand State Employees salary patter + Automated H.R.A. Exemption Calculation U/s 10(13A) + Automated Income Tax Form 16 Part A&B and Form 16 Part B]

 

Salary Structure


Therefore, from the above comparison, it is quite clear that the new tax system is only beneficial when your total income is more than Rs 15 lakh and you do not pay any interest on a housing loan n U / S 24.

 

Which tax system is old or new for you?

As can be seen from the comparison table above, the old tax system for annual income up to Rs 15 lakh is more beneficial considering the complete 80C exemption and deduction of Rs 80,000.

 

But if you pay Rs 1 lakh as interest on housing, the situation will change. If no HBL interest is paid, for each income level, as shown above, the old tax system will be the absolute winner.

 

Thus, it can be said that the interest paid on a housing loan plays an important role in determining which tax system is most suitable for you.

 

Therefore, if you pay any interest on your housing, you are advised to opt for the old tax system, as it will ensure that your total tax expense is reduced by at least somewhat.

Download Automated IncomeTax Preparation Excel Based Software All in One for the Government and Non-Government (Private) Employees for the Financial Year 2021-22 and The assessment Year 2022-23 U/s 115BAC

 

Salary Structure

Income Tax Form 10 E

Feature of this Excel Utility:-


1) This Excel Utility Prepare Your Income Tax as per your option U/s 115BAC perfectly.

 

2) This Excel Utility has all amended Income Tax Section as per Budget 2021

 

3) Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E from the F.Y.2000-01 to F.Y.2021-22 (Updated Version)

 

4) Automated Calculation Income Tax House Rent Exemption U/s 10(13A)

 

5) Individual Salary Structure as per the Govt and Private Concern’s Salary Pattern

 

6) Individual Salary Sheet

 

7) Individual Tax Computed Sheet

 

8) Automated Income Tax Revised Form 16 Part A&B for the F.Y.2021-22

 

9) Automated Income Tax Revised Form 16 Part B for the F.Y.2020-21

 

10) Automatic Convert the amount into the in-words without any Excel Formula