Tax Planning – How to save income tax in F.Y 2020-21 (AY: 2021-22), With Automated Income Tax Master of Form 16 Part B which can prepare at a time 50 employees Form 16 Part B for the F.Y.2020-21 as per Budget 2020 with New Section 115BAC

Income Tax Slabs In the Budget 2020 is Introduce a new Section 115 BAC in this Budget 2020, where taxpayers can opt for all the alternative benefits (as in the … Read More

New Tax System U/s 115BAC Introduced by the Budget 2020 for F.Y.2020-21 With Automated Income Tax Preparation Excel Based Software All in One for Govt & Non-Govt Employees for F.Y.2020-21 as per Budget 2020

The Income Tax Office states that any employee can change the tax structure at the moment of filing the income tax returns. TDS will be adjusted in the same way … Read More

Deduction for Medical Insurance Premium Under Section 80D With Automated Income Tax Calculator All in One TDS on Salary for Non-Govt Employees for F.Y. 2019-20 ( Including Old and New Tax Regime as per Budget 2020]

Deduction for Medical Insurance Premium Under Section 80D. Section 80D gives deduction to an individual or a Hindu unified family towards medical insurance premium and preventive health registration or commitment … Read More

Simplify Your Income Tax Return Filing Process for F.Y.2019-20 With Automated Income Tax Revised Form 16 Part A&B and Part B for the F.Y.2019-20

Many individuals procrastinate whilst it comes to submitting their income tax returns, particularly folks who are filing their tax returns for the first time. All character taxpayers having a total … Read More

What is better Old V/s New Tax Regime FY 2020-21? With Automated Income Tax Excel Based Software All in One for Govt & Non-Govt employees for F.Y. 2020-21

New section 115BAC is embedded in Income Tax Act by the Finance Act 2020 and it is pertinent w.e.f first April 2020 and will be appropriate on Individuals and HUFs … Read More

INCOME TAX CALCULATION UNDER OLD AND NEW TAX REGIMES FOR F.Y.2020-21 WITH AUTOMATED EXCEL BASED INCOME TAX SOFTWARE ALL IN ONE FOR GOVT & NON-GOVT EMPLOYEES FOR F.Y.2020-21 AS PER THE BUDGET 2020

On 13th April 2020, the Central Board of Direct Taxes (CBDT) issued a circular to employers to obtain a declaration from their employees if they wish to opt for the … Read More

Download and Prepare at a time your Income Tax Computed Sheet + Automated H.R.A. Calculation U/s 10(13A) + Automated Income Tax Form 16 Part A&B in Revised Format + Automated Revised Form 16 Part B + Automated Income Tax Form 12 BA for the F.Y. 2020-21 In Excel All in One for only Non-Govt Employees for F.Y. 2020-21 With Old & New Tax Regime as per Budget 2020

How to do Income Tax Calculation for FY 2020-21? Which Tax Structure to Select? As per budget 2020, you cannot claim any tax deduction or exemption if you plan to … Read More

New Format of Form 16 for A.Y. 2019-20 With Automated Income Tax Master of Form 16 Part B for F.Y. 2019-20

The CBDT or Central Board of Direct Taxes has notified a new format for Form 16. This requires the break up of the Tax-Exempt Allowances paid to the employee and also … Read More

Tax Benefit on Home Loan: Section 24, 80EEA & 80C With Automated Excel Based Income Tax Revised Form 16 Part B for F.Y. 2019-20

The repayment of Home Loan comprises of 2 components i.e. Repayment of Principal and Repayment of Interest. As the repayment comprises of 2 different components , the tax benefit on … Read More

Income Tax Department has revised Form 16 With Automated Income Tax Excel Based Form 16 Part B and Part A&B in Revised Format for F.Y. 2019-20

The amended form will come into effect from May 12, 2019. In other words,This means the income tax returns for financial year 2018-19 will have to be filed on the … Read More