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IRTSA did great service by providing a programme for calculating CPC arrears. Is it possible to provide such calculator for the income tax assessment? In that case one can track his liabilities from the beginning of the year itself and can thus save the last minute rush.
(07-08-2009 08:01 PM)kumarje Wrote: [ -> ]IRTSA did great service by providing a programme for calculating CPC arrears. Is it possible to provide such calculator for the income tax assessment? In that case one can track his liabilities from the beginning of the year itself and can thus save the last minute rush.

Dear Er. Kumarje,

Thank you for your Proposal and obviously we will try to provide the same.
I am afraid whether our members are only confined to the salary and perks only!!!!!!!!!!!!1
The Tax Computation for any Financial Year from 2002-03 to 2009-10 can be done by using the following Income Tax Calculator:



or you may use the following Link on the Income Tax Department's Website :

http://law.incometaxindia.gov.in/Taxmann...xcalc.aspx
(07-09-2009 08:33 PM)hari Wrote: [ -> ]I am afraid whether our members are only confined to the salary and perks only!!!!!!!!!!!!1

not really, but about salary also.
I have developed an e-salary sheet for calculting Taxable salary and Tax liability at the begining of the year to facilitate Tax planning.This takes into account various admissible deductions as well.

Lalit Khandelwal
Er. Lalit Khandelwal is requested to forward the Income Tax Calculation Sheet prepared by him, so that we may post the same on the website for benefit of all our visitors.

If it happens to be heavier than 1 MB, it may be sent as an attachment, to GS, IRTSA at his email ID gsirtsa@yahoo.com with copy to Site Administrator at navtejpvs@gmail.com
It will be mailed shortly after thorough verification.

Lalit khandelwal

Er. Lalit Khandelwal is requested to forward the Income Tax Calculation Sheet prepared by him, so that we may post the same on the website for benefit of all our visitors.
If it happens to be heavier than 1 MB, it may be sent as an attachment, to GS, IRTSA at his email ID gsirtsa@yahoo.com with copy to Site Administrator at navtejpvs@gmail.com
I have forwarded an e-salary sheet caculating annual income as well as income tax for FY 2009-10 by entering few data to site administrator.

This sheet can be used both by male & female employees. It will facilitate tax planning at this stage itself for the entire year.

Member Engineers can send their comments to lalit_kh@rediffmail.com.

Lalit Khandelwal



Comments by Site Administrator:

The Excel Sheet prepared by Er. Lalit Khandelwal can be downloaded by Memebers of the IRTSA Forums from the Link below or by clicking here, by those who have not yet joined the Forums as Members.
thank you Er. Lalit Khandelwal for your efforts.
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