I have prepared the Income Tax Calculation Sheet for the Financial Year 2014-15, Assessment Year 2015-16 for general purposes. Kindly provide your feedback on the same and let me know how I can further improve it.
I have prepared an Income Tax Calculation Sheet for the FY 2014-15, AY 2015-16 for general purposes. Kindly send your reviews about the same and let me know how I can further improve it.
I have corrected the Interest on Housing Loan Limit to ₹2 lakh only. Kindly download the updated file only.
Added 80G exemption as well. Updated on March 8, 2014. If you have made a donation and wish to understand the TDS impact, please download the attached file. Otherwise, the previous file will still be valid.
Wrongly mentioned bank interest under section 80G, now corrected. Interest Calculator added to determine the exact interest on Fixed Deposit Receipts (FDRs) or other deposits. All users who have previously downloaded the file are requested to download the updated version.
Please share your views and let me know what additional calculations you would like to see in this Excel utility.
Regards,
Vivek Sang
[Phone Number Removed For Privacy Reasons]
As per your request, I have added the HRA Calculation Sheet. All users who have earlier downloaded the file are requested to download the updated file to get the HRA calculation sheet. Please share your views and let me know what additional calculations you want to have in this Excel utility.
Regards,
Vivek Sang
[Phone Number Removed For Privacy Reasons]
Just updated the maximum permissible limit under section 18D to ₹20,000 for senior citizens. If the premium is paid for parents who are also senior citizens, then an additional rebate of ₹20,000 is applicable. Kindly download the latest file.
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