Income tax calculator for Basic Knowledge of Save Money or Save Tax

Income tax calculator for Basic Knowledge of Save Money or Save Tax

All Taxpayer or assessee to most of Question is How to Basic Calculation of Income tax. here we are guide to All Taxpayer or assessee follow the step and know your Previous or Current year income tax guide to future planning. All assessee or taxpayer in salaried person want to invest and earn tax. All are people want to earn money but not paid a tax in central government . we are try to understand more basic knowledge to save tax money. but first we are try to learn how many amount payable in income tax. Let's calculated income tax as per under . Click here to Open a  one window to see all are assessee or taxpayer. fill up some basic knowledge of assessee. 


income tax calculator, incometaxindia,income tax calculation method,basic guide to income tax calcutor



Click to open Fill up Some Details of assessee or taxpayer to as under Details :- 



Get details
Description about Income tax
Assessment Year
Any taxpayer or assesses choose the first year. Which year Calculation Income tax.
Tax Payer
Choose who is Tax Payer, Individual, HUF,AOI/BOI/Domestic Company, Foreign Company, LLP, Co Op society, Partnership Firm
Sex
Male/Female /Senior Citizen
Status
Residential Status Like NRI, Non-Resident, Not Ordinary Status.
Income From Salary
IF assesses Main income earn in Salary to give a details of Gross Salary amount type here.
Income From House Property
If you assesses earn income in House or land Rent to give a details. Please click Shaw Details and fill up details. Like Interest On Housing Loan, Rent Income , read and see the fill up details.
Capital Gains
If you assesses earn income to Sale of Property in Long term Capital gain or Short Term Capital Gain so provide details about as under. Please Click on show details and fill up form
Short Term Capital Gains (Other than covered under section 111A)
From 01/04/2014 to 15/09/2014
From 16/09/2014 to 15/12/2014
From 16/12/2014 to 15/03/2015
From 16/03/2015 to 31/03/2015
Total
Short Term Capital Gains (Covered under section 111A)
From 01/04/2014 to 15/09/2014
From 16/09/2014 to 15/12/2014
From 16/12/2014 to 15/03/2015
From 16/03/2015 to 31/03/2015
Total
Long Term Capital Gains (Charged to tax @ 20%)
From 01/04/2014 to 15/09/2014
From 16/09/2014 to 15/12/2014
From 16/12/2014 to 15/03/2015
From 16/03/2015 to 31/03/2015
Total
Long Term Capital Gains (Charged to tax @ 10%)
From 01/04/2014 to 15/09/2014
From 16/09/2014 to 15/12/2014
From 16/12/2014 to 15/03/2015
From 16/03/2015 to 31/03/2015
Total

Income From Other Sources
If you assesses earn more income from Interest Income, F.D. Interest, Commission Income, Winning Prize, Crossword Puzzles Income, any other income earn to type here
Profit and Gains of Business or Profession
If you assesses earn income in business so type amount in net profit. As per Profit and Loss account
Agricultural Income
If you assesses earn income from agricultural produce sale in give a details here. Agricultural income is exempt in income tax.  But when assesses earn total income above 8lakhs to 10% income liable to treated in agricultural income.
Deduction
Deduction as Under :  When assesses paid a LIC Premium, PPF, Tuition Expenses, NSC , Re-payment of Home Loan, 5 Years Fixed deposit with Post Office or  National Bank , Long term Infrastructure Bond, Investment in Rajiv Gandhi Equity Saving Scheme, Investment in Sukanya Samridhi Accounts,
This invest is not more than 1Lakhs.  Income tax rules 1Lakhs is limit of exempt in income tax.
Mediclaim U/s 80D :-  If assesses paid a medicalaim Premium to extra get benefit in income tax. Not more than 15000/- per year.
Donation u/s 80G :- If assesses  Paid a donation to Colleges, University, Trust etc.. Paid donation get benefit of 50% in income tax.
Higher Education Loan Interest  U/s 80E:-  If you assesses get a loan in higher education in nationalized bank to get benefit of education loan interest exempt in income tax.
Bank Interest U/s 80TTA :-  if you assesses earn savings accounts bank interest in more than 15000/- exempt in income tax.
Net taxable Income
Assesses see the net taxable income





Upload ITR return online
ITR 2A fill up online
ITR 1 Sahaj Online Return




1 comment:

  1. Clear Tax is to simplify Income Taxes for you and your financial lives easier. Basically, anybody with an income is liable to file income tax returns. When you start your job reach out to your payroll or HR department get your Salary details/Pay Slip/ Tax Statement. Here, you will get an idea of the major components of your salary and hoe much tax will be deducted from your salary based on them.

    ReplyDelete

हमारी वेबसाइट पर आने के लिए धन्यवाद|
Tax देना भारतीय नागरीक का फर्ज है |

आप यहाँ पर आपके Question पूछ सकते है| उसके लिए Ask Question पेज बनाया है वह पर आप Question Comment कर सकते है|
हमारे Assistant आपके Question का उत्तर देने के लिए प्रतिबद्ध है |