Wednesday, 9 January 2019

2018_19 ANNUAL INCOME TAX CALCULATE


2018- 19 ANNUAL IMCOME TAX CALCULATION

Enter in following excel file link follow these steps

1.employee group
2.enter basic pay as in january  2018
3.enter basic pay  as per sixth pay scale 4.select month  code sixth pay scales implemented month
5.select month code of first increment of the year ( annual or  time bound)
6. select month code of second increment of the year ( annual or time bound)
7. select month code of decreased DA=0%
8.enter increased DA (1.75%) then select month code
9. enter increased DA then select monthcode
10. select surrender taken month code
(ex jan=1,feb=2 no=0)
11. select HRA grade (ex:A=24, B=16,  C=8 )
12.select your city of city alliance / others 13.select SFN / special pay /others
14.select PH/others / special pay
15.Select yes for auto calculation of pay arrears otherwise NO
16.select GIS/ FB
17.professional tax yes or no
18.taxes paid in advance or others
19.select LIC
20.select KGID
21.Select FA/ ROP or others
22. select NPS   / GPF
23.select sex male / female
24.HRA exemptions U  /S 10(13A)
25.Deductions U / S 80C

Open this excel sheet

DOWNLOAD INCOMETAX FILING EXCEL SHEET FORM 16

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