This article contains Auto Income Tax calculator for Financial Year 2020-21 & Assessment Year 2021-22 in excel format.
A circular issued by the CBDT on 13.04.2020 that salaried employees has to chose between the Old and New income-tax regime at the time employers are deducting TDS. OR at the time for filing of ITR.
These regimes proposals have left some Question Mark? among the taxpayers. Which is suitable regime? Whether new regime or Old (existing) regime? Should I continue with deductions of existing savings, Investments & expenses according to existing regime or not etc.
Now It is very difficult to taxpayers to choose suitable regime without calculate the actual tax according to both regimes.
Do not panic- this Auto Income tax calculator tool from Taxationseva will help you to calculate and compare according to both regimes in very simple way with less time and fewer efforts and suggest you that which tax regime would be better option for financial year 2020-21 and plan accordingly.
Significant features of Auto Income Tax calculator for F.Y.-2020-21
- A simple easy to use tax Calculator for resident individual, especially for salaried persons to calculate income tax in both regimes.
- Once enter the amount in blank cells other cells calculate data & tax automatically
- Tax calculation with both regimes simultaneously on same sheet based on your income.
- Calculation for difference of tax benefit between regimes.
- Suggestion to choose suitable regime.
- Calculation of – Income Tax, Income from house property, Exemption/Deduction of Allowances and relief of 87A, 80EE/80EEA etc.
- Calculation of taxable Income at normal rate, Net tax, rebates, Cess, Surcharge, Marginal relief (where applicable) and balance tax payable/refundable.
- Know every latest information and applicable rule of tax rates, deduction and exemption with a hipper linked ready reckoner.
If you find any inconsistency, Please write me, I would like to amend or rectify as earliest.
Author Bio
Dear Sir ,
Kindly mail me 3 in one Form 16 generator, Auto Income Tax Calculator & salary statement for for F.Y. 2023-24 (A.Y. 2024-25)
gkjana@gmail.com
Thanks
Can you send me income tax calculator for the assessment year 2021-2022 for individual salaried
i want incometax calculator fy2020 2021
Sir please send me auto income tax calculator for the f.y 2020-21
Sir please send me auto income tax calculator for the f.y 2020-21
Dear Sir,
Please mail me worksheet to calculate Salary TDS for FY 2020-21 (AY 2021-22
I want income tax calculator
No auto calculating IT form is available…..
pls send me IT calculator for fy 2020-21 in excell form
Dear Sir ,
Kindly Please mail me Auto Income Tax Calculator for F.Y. 2020-21 (A.Y. 2021-22)
pradeepkumar.sonu@hotmail.com
Downloading is not done here. please send me an auto calculator of old and new regime of IT for AY 2021-2022
Dear sir ji,Piease mail me income tax calculator present year 2021-22
send karnataka state government pensioner income tax slab
PLEASE MAIL ME WORK SHEET TO CALCULATE THE TDS FY 2020 -2021 ASSESMENT YEAR 2021 -2022
Sir pls send calculation sheet
Please enlighten me on tax calculation on gross salary 870000
Last Year format(FY -2019-20) differs from Current year Format(FY-2020-21)
in Last year shown by Tax Guru, but in current year not shown
here its not downloaded.Please mail me worksheet to calculate Salary for TDS of FY 2020-21 (AY 2021-22)
Dear Sir,
Excellent Representation
Dear Sir,
Please mail me worksheet to calculate Salary TDS for FY 2020-21 (AY 2021-22)
salary tds calculation for AY 2021-22
Our finance department need your Salary IT Individual Calculation FY 20-21.
Please arrange for calculator for Senior Professionals who are filing return in ITR 4 and oblige.
pls changes income tax calculator this AY year 2020- 2021 istead 2121 sorry just convey 2u
i want your tax calculator for a.y. 2020-21 for individual and huf.