July 14, 2014 at 3:05 pm #62760
Simple Income Tax Calculator 2014-15 is an Excel Utility which calculates Income Tax of Salaried Person. It also prepares Form 16, Salary Statements, HRA Exemption etc.
https://wbxpress.com/simple-income-tax-calculator-2014-15/July 16, 2014 at 10:54 pm #62761
How can I download the income tax calculator?July 16, 2014 at 11:03 pm #62762WBXPressKeymaster
from the download link: /files/2014/07/SIMPLE-INCOME-TAX-CALCULATOR-2014-15.xlsJuly 20, 2014 at 6:47 am #62763
Thanks for the production of such wonderful utilityJuly 20, 2014 at 11:12 pm #62764
You are most welcome.August 8, 2014 at 9:20 pm #62765
thanks for wbxpress team.August 15, 2014 at 5:27 pm #62766
It would be really useful and helpful also at the same time
ThanksAugust 19, 2014 at 1:28 pm #62767
I declared 15000 for Insurance and Keep 90000 for VPF .my package is 6 lakh then what will taxable income ?September 13, 2014 at 3:52 pm #62768
It is greatSeptember 13, 2014 at 3:54 pm #62769
Sir,You are brilliantSeptember 13, 2014 at 3:56 pm #62770
Sir,You are brilliantSeptember 16, 2014 at 8:59 pm #62771
What is unprotect passwordSeptember 17, 2014 at 12:33 pm #62772
Just excellent !September 18, 2014 at 10:04 pm #62773
Is it for pension plan or non pension plan salaried employees ???????????September 28, 2014 at 11:04 pm #62774
Password is not required. The necessary cells are kept unprotected.February 7, 2015 at 10:53 pm #62775WBXPressKeymaster
Hello Mr. Das, I used this wonderful utility. It is very nice.
But, there is a minor mistake, i think, in computation sheet, while calculating 3% educational cess. it is not showing exact figure. for example, tax payable=17016/-, education cess should be 510/- but it is showing 507/-. please correct it and oblige.
asifFebruary 8, 2015 at 11:15 pm #62776
3% cess has been separated in two slab. Firstly deducted 2% as education cess and there after 1% as SHEC and I think it is the correct procedure. If the whole amount is deducted with 3%, you will get a different figure which is very marginal and the same is always ignorable as the income tax department doesn’t care the marginal amounts upto rupees 100.March 4, 2015 at 12:41 pm #62777baldevjhalaParticipant
Hello Mr. Das, You are brilliant I used this wonderful utility. Just excellent and very nice.
But, there is a minor mistake there i.e. Trans. All. maximum exempted for Rs. 800/- for the F.Y. 2014-15 say Total Rs. 9,800/-. And Trans. All. for the F.Y. 2015-16 will be exempted for Rs. 1,600/- P.M. say total Rs. 19,200/- . Therefore, you are kindly be requested to please modify the same and please upload the same utility tool for the F.Y. 2015-16.
Thanking you anticipation,March 14, 2015 at 8:08 pm #62778
What do you mean by Trans. All? Please let me know the details of the exemption and how do you want to show it. It will be a good help to me if you kindly send me a sheet showing the details of the same. I shall make necessary changes to the new utility which I shall prepare for the financial year 2015-16 after acceptance of the Union Budget.March 28, 2015 at 6:02 pm #62779baldevjhalaParticipant
Thanks ,Trans. All. means Transport Allowance which has been shown in your excel utility under Other Allowance head and shown in Col. as T.A. and it can be option either exempted from salary. However, if we take exempted option, it will remove full amount of Transport Allowance (T.A.). But it actually exempted up to certain limit as stated earlier i.e. Trans. All. maximum exempted for Rs. 800/- for the F.Y. 2014-15 total for the F.Y. Rs. 9,800/-. Exempted and Trans. All. for the F.Y. 2015-16 will be exempted for Rs. 1,600/- P.M. total Rs. 19,200/- after acceptance in Union Budget. Also, the Trans. All. to Physically Handicapped Person will be double amount as against normal person and same way the exemption will also be double as per the I.T. Act, Therefore, please confirm before making changes..
Thanking you anticipation,
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