income tax calculation software free download

#Updated IT Software 2022-23 Prepared by KSS Prasad, Putta, Seshadri, Jayaram,Vijay Kumar Income Tax Software Prepared by KSS Prasad, Putta Srinivas Reddy, Seshadri, Vijay Kumar Sir for AP Telangana Teachers/ Employees of FY 2022-2023 (AY 2023-24). So, the employee or pensioner must know which of these two benefits would be available through Income Tax Calculation Software and choose the better one.

Any individual opting to be taxed under the new tax regime from FY 2022-23 onwards will have to give up certain exemptions and deductions.

Direct Taxes Code 2010 (Bill No.As per new Budget a new tax regime giving taxpayers an option to pay taxes as per the new tax slabs from FY 2022-23 onwards.

Status of e-Filing of TDS Statement by your deductorįAQs on Provisions useful for non residents It is advised that for filing of returns the exact calculation may be made as per the provisions contained in the relevant Acts, Rules etc. Viewers are advised to ascertain the correct position/prevailing law before relying upon any document. Disclaimer:The above calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in all circumstances. However, as per Taxation and Other Laws Ordinance, 2020, any delay in payment of tax which is due for payment from 20-03-2020 to 29-06-2020 shall attract interest at the lower rate of 0.75% for every month or part thereof, if same is paid after the due date but on or before 30-06-2020.Īccordingly, if taxes due during 20-03-2020 to 29-06-2020 are paid after the due date but on or before 30-06-2020, users are requested to please calculate the interest accordingly.Īdvisory: Information relates to the law prevailing in the year

The above calculator provides for interest calculation as per Income-tax Act.

Income tax calculation software free download