Auto Income Tax Calculator -All in 1
Tax
calculator, Salary statement, Computation sheet with Form-16 for F.Y. – 2020-21 (A.Y.-2021-22) in old
& New Regime
Govt. has
introduced a New tax regime (system) from F.Y.-2020-21 with a lower tax rate
without any exemption/deduction. Also left an option for assesses to choose any
one suitable regime between Old(existing) and New income-tax regime. TDS has
been deducted in any one of the regimes. But now assesses has to choose the
right regime at the time for filing of ITR.
For your help Auto tax Calculators for F.Y. -2020-21 is already
available for download at taxguru.in. which will help to calculate and compare
according to both regimes in very simple way with less time and fewer efforts
and suggest that which tax regime would be better option for financial year
2020-21. If more TDS has deducted due to wrong selection of tax regime. You will
choose the right tax regime to claim the refund at the time to filing of ITR
for AY-2021-22.
In continuation of My Auto tax
Calculator version 15.0 & 15.1 for F.Y.-2020-21 another tool Auto Income
tax calculator All in 1 Income Tax Calculator with Salary statement,
form-16 and Tax computation is here. In this calculator you can customise and
print the Salary statement & Form-16 according to your selected tax regime,
you can see the calculation & computation of your Income Tax.
I hope
you will like and share this creation. If you find any inconsistency please
write at taxationseva@gmail.com. I will try to amend/rectify.
Download All
in 1 Auto Income Tax calculator with Salary Statement for
F.Y.-2020-21(A.Y.2020-21) in Excel