#Enter Data only in Highlighted Cells

Income Tax Calculator By CA Akshay Garg

STATEMENT SHOWING EXTIMATED TAX COMPUTATION
Yes
Year Start Date : 1/Apr/23 Bonus If any - Business Income -
Financial Year : 2023-24 Deduction u/s 80C If Any - Capital Gain Incom -
Assessement Year : 2024-25 Deduction u/s 80D If Any - Other Sources Inco-
Deduction u/s 80G Other Deductions
(Enter Full Donation (Allowed only in
Amt) - Both Regime) -
Other Deductions
: (Allowed only in Old
Old Regime Tax Amount - Regime) - City Metro/Non MetMetro
New Regime Tax Amount : - Arrerars -
Beneficial Taxation Old Regime Tax Amoun- Professional Tax -
Deduction for Family Pension -
Deduction u/s 80CCD : -
Deduction u/s 80JJAA : - House Property Income Enter Details in Note 2

COMPUTATION

Income From Salary Enter Data in Note 1 Deductions

Salary
Basic Salary -
Arrear Salary -
Bonus and incentive -

Allowances
House Rent Allowance -
Others -
-
Less Exempted
House Rent Allowance u/s 10(13A) -
Standard deduction u/s 16 - -

Income From Salary -

Deduction u/s 16: Professional Tax - -

Taxable Income From Salary -

Income from other Employer -
Gross Salary Income -
Others
Income From House Property -
Business Income -
Capital Gain Income -
Other Income -
Gross Total Income -

Less : Deduction Under Chapter VI A

Deduction Under Section 80C -
Deduction Under Section 80D -
Deduction Under Section 80G -
Deduction Under Section 80CCD -
Deduction Under Section 80JJAA -
Deductions for Family Pension -
Other Deductions (Allowed only in Old Regime) -
Other Deductions (Allowed only in Both Regime) -
Total Deductions -

Gross Total Income -

Taxable Income as per Old Regime -
Income Tax As Per Old Regime -
Rebate under section 87A (Old Regime) -
Net Income Tax -
Surcharge (If Any) -
Income Tax including surcharge -
Education Cess -
Tax Including Surcharge & Education Cess (Old Regime) -

Taxable Income as per New Regime -

Income Tax As Per New Regime -
Rebate under section 87A (New Regime) -
Net Income Tax -
Surcharge (If any) -
Income Tax including surcharge -
Education Cess -
Tax Including Surcharge & Education Cess (New Regime) -

Salary Breakup Amount

Basic -
HRA -
Others Received -
Rent Paid -
HRA Deduction - (If Manually Calculated) (If manually Not calculated enter 0)
Total -

Income under the head house property

Interest on Loan -
Whether Loan is for Construction and acquisition Yes
Self Occupied or Not? Yes

By CA Akshay Garg
Rental Income -

Whether Property is under Joint Ownership Contact for any further assistance
% of Ownership 100% caakshaygarg.ag@gmail.com
Total Income - 7988355606