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Simple Income Tax Calculator 2014-15

Home Forums Excel Utility Simple Income Tax Calculator 2014-15

Viewing 20 posts - 1 through 20 (of 20 total)
  • Author
    Posts
  • #62760
    som
    Participant

    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/

    #62761
    Anonymous
    Inactive

    How can I download the income tax calculator?

    #62762
    WBXPress Team
    Keymaster
    #62763
    Anonymous
    Inactive

    Thanks for the production of such wonderful utility

    #62764
    Anonymous
    Inactive

    You are most welcome.

    #62765
    Anonymous
    Inactive

    thanks for wbxpress team.

    #62766
    Anonymous
    Inactive

    It would be really useful and helpful also at the same time
    Thanks

    #62767
    Anonymous
    Inactive

    I declared 15000 for Insurance and Keep 90000 for VPF .my package is 6 lakh then what will taxable income ?

    #62768
    Anonymous
    Inactive

    It is great

    #62769
    Anonymous
    Inactive

    Sir,You are brilliant

    #62770
    Anonymous
    Inactive

    Sir,You are brilliant

    #62771
    Anonymous
    Inactive

    What is unprotect password

    #62772
    Anonymous
    Inactive

    Just excellent !

    #62773
    Anonymous
    Inactive

    Is it for pension plan or non pension plan salaried employees ???????????

    #62774
    Anonymous
    Inactive

    Password is not required. The necessary cells are kept unprotected.

    #62775
    WBXPress Team
    Keymaster

    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.
    thanks,
    asif

    #62776
    som
    Participant

    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.

    #62777
    baldevjhala
    Participant

    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,

    #62778
    som
    Participant

    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.

    #62779
    baldevjhala
    Participant

    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,

Viewing 20 posts - 1 through 20 (of 20 total)
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