The Attached Calculator in Excel Format have the following features :-
1. It calculates Tax Liability of Salaried Employees of Private and Government Sector for A.Y. 2013-14 or Financial Year 2012-13.
2. Calculator have in Built House Rent Allowance (HRA) Calculator which Calculates HRA Exemption which an Employee is Eligible.
3. In Built Arrears Relief Calculator to Calculate tax Relief Receivable by the Employee on Salary Received during the year related to years earlier then Financial year 2012-13.
4. Automated Form No. 10E to be submitted for Furnishing particulars of Income U/s. 192(2A) of the Income Tax Act, 1961 with Annexure A.
5. Prepares Computation of Income.
6. Easy to understand and calculate.