The standard deduction for employees | With Automated Income Tax Arrears Relief Calculator U/s 89(1) for the F.Y.2022-23 and A.Y.2023-24

The deductions in the Income Tax Law give taxpayers a reason to smile because they help reduce tax  liability. One of those fun provisions for salaried people in IT law is the … Read More

Exemption from bank savings interest U/s 80TTA| With Automated Income Tax Preparation Software in Excel for the Non-Govt Employees for the F.Y.2022-23

Section 80TTA of the Information Technology Act provides a tax deduction for interest income from  personal savings. To help you claim your Section 80TTA Income Tax Act deductions, we will discuss … Read More

Income tax rebate U/s 87A| With Automated Income Tax Preparation Software All in One in Excel for the Govt & Non-Govt Employees for the F.Y.2022-23

 Income tax rebate U/s 87A | The Income Tax Act of 1961 allows for several types of tax credits so that  taxpayers can reduce their taxable income and therefore their tax liability. … Read More

Income tax exemptions under head salary| With Auto Calculate Income Tax Arrears Relief Calculator U/s 89(1) with Form 10 E for the F.Y.2022-23

Income tax exemptions under head salary | Income tax exemption below Rs.2.5 Lakh | Salary-Based Income Tax Exemption Individuals who choose to tax income under the new tax regime will … Read More

Tax Exemption on Interest U/s 80TTA | With Automatic Income Tax Form 16 for the F.Y.2021-22

 Tax Exemption on Interest U/s 80TTA | We all have a tendency to check the amount of interest earned  on savings accounts during the year, but do we know how this interest … Read More

Deduction for house rent paid U/s 80GG. Automated Income Tax Form 16 with Part A and B and Part B for the financial year 2021-22

Deduction for house rent paid U/s 80GG, the deduction for rent paid under section 80GG. Therefore,  Section 80GG rent payment deduction, deduction under section 80GG in relation to rent paid for some … Read More

Exemption under section 87A | With Automatic Income Tax Form 16 Part A and B and Part B which can prepare at a time 50 Employees for F.Y.2021-22

Exemption under section 87A. What is an exemption as well as deduction under Section 87A and who  are eligible for it? A person who is a resident of India and whose total income … Read More

Download Automatic Income Tax Preparation Excel Based Software All in One for the Govt and Non-Govt Employees for the F.Y.2021-22 as per Old and New Tax Regime.

Whether you choose to pay income tax online or offline, you need to estimate your income tax liabilities in advance, especially if you are a salaried person. However, future income can rarely be accurately … Read More

Section 80EEA Additional deduction of home loan interest payment | Prepare at a time 50 Employees Form 16 Part A&B and Part B for the F.Y.2021-22

 Section 80EEA of the Income Tax Act. Additional deduction of interest payment in connection with the home loan (related to section 80EE and section 24B of the Income Tax Act) Therefore, A new section … Read More

Zero Income Tax on Rs 10 lakhs Individual Income- See How? With Automated Income Tax Preparation Software in Excel All in One and Form 16 for the F.Y.2021-22

Zero Income Tax on Rs 10 lakhs Individual Income- See How? It is well known that the income tax on income of Rs. 10 lakh in a personal situation will attract Rs. … Read More

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