Download and prepare Form 16 Part B for 50 Concurrent Employees for the Fiscal Year 2022-23. This Excel utility can simultaneously prepare a 50-employee Form 16 Part B in revised format for the fiscal year 2022-23 and assessment year 2023-24 Download Form 16 Part B of the Automated Income Tax for the 2022-23 tax years Feature of this Excel Tool:- 1) This Excel utility can simultaneously prepare Form 16 Part B for 50 employees as per the 2022-23 budget 2) This tool can be used by interested governmental and non-governmental…
All-in-One Automated Income Tax Preparation Excel-Based Software Government and Non-Government Employees for the F.Y. 2022-23 under New and Old Tax Regime U/s 115BAC
Include a new section 115 BAC in the 2020 budget for the fiscal year 2022-23. This section 115BAC contains an option that allows you to continue the old tax regime with all income tax exemptions as of the financial year 2021-22 and opt for a new tax regime except for all tax exemptions on the income as in the previous financial year. Therefore, As per the budget, a new U/s tax label has been specified under 115BAC which was introduced in the 2020 Budget . In other words,, As per the new Section 115BAC…
Download and prepare at a time 50 Employees Form 16 Part A and B for the Financial Year 2022-23
Download and prepare at a time 50 Employees Form 16 Part A and B for the Financial Year 2022-23. This Excel Utility can prepare at a time 50 Employees Form 16 Part A&B in revised Format for the Financial Year 2022-23 and Assessment Year 2023-24 Download Automated Income Tax Form 16 Part A&B for the Financial Year .2022-23 Feature of this Excel Utility:- 1) This Excel Utility can prepare at a time 50 Employees Form 16 Part A&B as per the Budget 2022-23 2) This Utility can use by both Government and Non-Government Concerned 3)…
Useful Income Tax Deductions for F.Y. 2022-23| With Automated Income Tax Preparation Software All in One for the West Bengal Government Employees for the F.Y.2022-23
8 Useful Income Tax Deductions for F.Y. 2022-23| The Income Tax Act sets out several income tax deductions that can be claimed when filing income tax returns. The total taxable income (after reducing any income tax deductions that have been claimed) would be taxed at the individual’s income tax rates. Therefore, The Income Tax Department of India encourages its citizens to make use of the various Income Tax Deductions, Income Tax Exemptions, and Income Tax Refunds allowed by the Income Tax Act. Incomes that help taxpayers to lower their taxes in India legally. 8 Useful…
Deduction u/s 80TTA vs . 80TTB| With Auto Fill All in One Income Tax Preparation Software for Govt. and Non-Government Employees for F.Y.2022-23
Deduction u/s 80TTA vs . 80TTB|Currently section 80TTA provides Rs 10,000/- deduction to all individual/HUF taxpayers. Section 80TTA of the Income Tax Act, 1961 states: Deduction of interest on deposits and savings accounts. 80TTA. (a) As per the Banking RegulationAct, 1949 (10 of 1949) a banking company covered by the Banking Regulation Act, (including any bank or banking organization referred to in section 51 of that Act); (b) A cooperative society engaged in banking (including a cooperative land mortgage bank or cooperative land development bank); either (c) A post office as defined in clause (k) of section 2…
Tax Benefits on Home Loan| With Autofill Income Tax Preparation Software All in One in Excel for the Government & Non-Government Employees for the F.Y.2022-23
Tax Benefits on Home Loan| While purchasing a property through a home loan, one can save tax under Section 24, Section 80C, Section 80EE, and Section 80EEA of the Income Tax Act. We are regularly asked how we can save tax on purchasing a home with a home loan. That’s why we’ve created this blog in which we focus on tax saving schemes when buying a property through a home loan. While purchasing homes through a home loan, tax savings are available under Section 24, Section 80C, Section 80EE, and Section 80EEA of the Income…
Exemption U/s 80C | With All-in-One Automated Income Tax Preparation Software in Excel for Non-Government Employees for Financial Year 2022-23
Exemption U/s 80C | Investment under Section 80C has two purposes: first, to make investments, and second, to save tax. Thus, the tax thus saved and the investments thus made can be used in the future. Miscellaneous funds under section 80C There are several investments under section 80C which allows the assessee to reduce his tax liability to Rs. 1.5 lac. These investments are as follows: Public Provident Fund Public Provident Fund or PPF Scheme is a long-term investment scheme backed by the Government of India. Also, one can invest in PPF by…
Income Tax Section 80TTA| With Auto fill Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E from the F.Y.2000-01 to F.Y.2022-23
Income Tax Section 80TTA| Under the Indian Income Tax Act, various deductions are provided to the Indian taxpayers to reduce their income tax liability and thereby reduce their tax expenses. Similarly, These deductions can be based on salary, investment, or payment. Therefore, U/s 80TTA of the Income Tax Act, tax exemption is eligible to taxpayers on interest earned in a savings account. The savings account in question may be held at a bank, cooperative, or post office. After that, Section 80TTA was included in the Finance Act in 2013 and has since exempted many taxpayers. In other…
Section 80DDB | With Autofill Income Tax Preparation Software All in One in Excel for the Government and Non-Government Employees for the F.Y.2022-23
Section 80DDB | Who can claim deductions under Section 80DDB? Section 80DDB is Income Tax Rules 11DD. Under the Income Tax Act, of 1961, taxpayers can claim deductions for certain specified benefits for themselves or their dependents. Therefore, This type of exemption is covered under Chapter VIA of the Income Tax Act, of 1961. In other words, Individuals and HUFs who are residents of India can claim an exemption under this section. In other words, this means that a tax deduction can be claimed, if the relevant entity resided in the country during that tax year and…
Download Auto-Fill Income Tax Preparation Software All in One in Excel for F.Y.2022-23 as per Budget 2022
Download Auto-Fill Income Tax Preparation Software All in One in Excel for F.Y.2022-23 as per Budget 2022| This software is simple and easy-to-use income tax software for salaried employees. This software for old and new tax systems was released in 2020. You can calculate your tax liability and identify taxable investment options and appropriate tax regimes for F.Y 2022-23. Therefore, The software is developed using Microsoft Excel. Simple code of Visual Basic & Excel formulas and functions are used to run this software. This Excel-based income tax software All in one, let us know…