M/S Vishal Bhusare & Associates

Income Tax Calculator
Assessee Name Financial Year
Status of Tax Payer Gender
Senior Citizen
Slab Rate Calculation As Per:
Statement of Income and Tax
Income:
Salary (Enter taxable salary after standard deduction of Rs.50000) Rs.
Income from House Property (Enter Income after Standard Deduction Of 30% as per Sec.24(a)) Rs.
Business Income Rs.
Capital gains
   (a) Short term
STT @15% Others
   (b) Long term
@10% @20%
Income from other sources
   (a) Incomes(including Interest,Dividend etc.) Rs.
   (b) Agriculture Income Rs.
   (c) Winning from lotteries 30% Rs.
Deduction under chapter VIA:
Deduction u/s 80C,80CCC,80CCD Rs.
Deduction u/s 80 D (Mediclaim) Rs.
Deduction u/s 80TTA Rs.
Other deduction Rs.
Detail of Tax Paid:
Tax Deducted at Source Rs.
Advance tax paid Rs.
Self assessment tax paid Rs.
Total Tax paid Rs.
Tax Calculation Results:
Gross Total Income Rs.
Total Deductions Rs.
Total Taxable Income Rs.
Income Tax Rs.
Surcharge Rs.
Health & Education Cess Rs.
Total Tax Liability Rs.
Tax Payable / (Refundable) Rs.