In the Part A of Form 16 have the details of Tax deduction from the source and deposited in to the Central Govt and in the Part of Form 16 Part B where the details of employees Salary. Most of the concerned have not known about this new amended of CBDT.
On the basis of above amendment by CBDT this is the updated version for Tax Calculation, "Form-16", Computation of Income Tax, Month-wise Salary Statement etc. for the Asstt. Year 2014-15.
Facility of this software:
This utility is very easy to use for Calculation of Income Tax, Month-wise Salary Statement and Form 16 with Annexure "A" and "B" etc. in new amended format. All Salaried Employee can maintain their personal data i.e. under Chapter -VIA Deductions and other applicable Deduction like as House Loan Interest, HRA Exemption, Income from Other Source etc.
This utility provide another facility regarding Income Tax Deductions i.e. u/s. 80G, 80E, 80D as well as u/s. 89(i) it Calculate accurate Income Tax and surcharge there on. It suggest to Salaried Employee (Taxpayee) whether he is Tax payable or Refundable.
This Software is based on Income Tax circular dated 08.10.2013 issued by Income Tax Department for Assessment Year 2014-15.
|TDS-TAX Software.xlsx||923.92 KB||01/12/2014||Download|