Free Auto Tax Calculator FY-09-10 Version 4[1] After Budget 06-07-2009

8/14/2019 Free Auto Tax Calculator FY-09-10 Version 4[1] After Budget 06-07-2009

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D.O.B

for the Financial Yr 2009-10/ Assessment yr 2010-11 ASSESSE MALE

NAME : PAN

0 0

2. Less: Allowances exempt u/s 10(for Service Period) 0

(I) H.R.A. exemption 0

City of Residence Metro

Basic Salary (Basic+DA) 0 0

Rent Paid 0 0

H.R.A received 0 0

(II) Conveyance allowances (Max Rs.800/-p.m) 0 0

(iii) Any Other Exempted Receipts/ allowances (specify)-- 0 0

(iv) Professional Tax 0 0

3. Income under the head salaries

0

4. Add: Any other income from other sources 0 0

a. Bank ( Saving /FD /Rec ) 0

b. N.S.C.(accrued/ Recd ) 0

c. Post Office M.I.S (6 yrs.) 0

d. Post Office Recurring Deposit (5 yrs.) 0

e. Term Deposit (1 to 5 yrs.) 0

f. Saving Bonds (6yrs.) 0

g. Kishan Vikas patra 0

2. Any Other Income (specify)--- 0


5. Income from house property - (Go to cell B57-B63) 0 06. Gross Total Income

0

7. Less: Deduction under Sec 80C (Max Rs.1,00,000/-) 0

a. PF & VPF Contribution 0 0

b. Life Insurance premiums 0

c. PPF a/c Contribution 0

d. N.S.C (Investment +accrued Int first five year) 0

e. Housing. Loan (Principal Repayment ) 0

f. Tuition fees for 2 children 0

g. E.L.S.S(Mutual Fund) 0

h. Tax Savings Bonds 0

I. FD (5 Years and above) 0

j. 80 ccc Pension Plan 0

8. Less: Deduction under chapter VI A 0

a 1. 80 D Medical Insurance premiums (for Self ) 0 0

a 2. 80 D Medical Insurance premiums (for Parents) 0 0

b. 80 E Int Paid on Education Loan 0 0

c. 80G Donation to approved fund 0

d. Any other (Specify)--- 0

9. Total Income 0

10. Total Taxable Income (Round off to nearest 10 rupees) 0

11. Tax on Total Income 0

12. Add; Edn Cess @ 3% 0

0

CALCULATION OF INCOME TAX

ADDRESS :

PHONE :

Email id-

1. Gross Annual Income/Salary include all allowances)

1. Interest received from following Investments

13. Total Tax Payable


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14. Tax Deduction at Source 0 0

Refundable 0

Self Ocupied

Annual Letable value/ Rent Received or Receivable 0 0

0 0

0 0

0 0

0 0

Net Income / Loss from House Property 0

15. Balance Tax Payable/ Refundable

Computation of Income from house property

Accomodation Status - SELF OCCUPIED / LET OUT

Less-Taxes Paid to Local Authority

Net Annual Value

Less-Repair & Collection Charges(30% of Net Annual Value)

Less-Interest on Housing Loan


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B. P. CHOUDHARY 1577 SECTOR-5 R.K.PURAM NEW DELHI-110022 Ph :9811302497, 9211125

Latest Version 4.1 for Financial year 2009- 10 , Assessment year 2010-

If you required, My professional services, Are available at nominal charges

Rs. 500/- For calculation of income & Tax ( with Professional advice for saving of tax )

For transfer of Amount - Bijender Pal Choudhary A/c No- 011104000089274 IDBI Bank

Branch K.G.Marg, IFSC Code IBKL0000011

Cont: me or send your details to [email protected]

1. Medical Reimbursement (Max Rs.15000/- Per annum) 2. L.T.A (as per Rule)

3. Uniform Allowance (to meet the expenditure incurred on purchase or maintenance of uniform for Official Duty

6. Children Education Allowance (Rs.100 P.M. per Child/(Rs.300 for Hostel Expenditure) Max of 2 Children)

1. Withdrawal / Maturity received from PF,PPF,Insurance Co., Agriculture.

2 Long Term Capital Gain

3 Dividend on shares in companies

4. Interest on Post Office & PPF A/C

Net Income Range Income Tax Rates

Upto Rs. 1,60,000 NIL

Rs.1,60,000 to Rs.3,00,000 10% of Total Income (-) Rs.1,60,000

Rs.3,00,001 to Rs.5,00,000 Rs. 14,000+20% of Total Income(-)Rs.3,00,000

More than Rs.5.00,000 Rs. 54,000+30% of Total Income(-)Rs.5,00,000



Rs.1,90,001 to Rs.3,00,000 10% of Total Income(-) Rs.1,90,000

Rs.3,00,001 to Rs.5,00,000 Rs.11,000+20% of Total Income (-) Rs.3,00,000




Rs.2,40,000 to Rs.3,00,000 10% of Total Income(-) Rs.2,40,000

Rs.3,00,001 to Rs.5,00,000 Rs.6,000+20% of Total Income(-)Rs.3,00,000


Education Cess is 2% & Secondary and Higher education Cess is 1% of income tax from all Assesse.

Auto Tax Calculatorby B.P.Choudhary (Tax Consultant)

For Individual ( Male, Female & Senior Citizen [above-65 Yr] )This easy /self explanatory calculator is available free of cost for your self calculation.

you enter the amount in the white blank cells. Other cells will calculate data & Tax automatical

P L E A S E F O L L O W T H E I N S T R U C T I O N S

1. This Calculator will be used to compute the Tax for common Individual. Salaried / Business or Profession.2. You can Calculate your Income Tax in Calculation Sheet & print the Working Sheet for your record.

3. Follow the Tax Rules & Instructions(where applicable) go to informations & Rule sheet . For instruction move cursior o

4. HRA Exemption = Least of (40% (50% for metros) of Basic+DA orHRA Receive orRent paid (-)10% of Basic)

5. Some Other Exempted Receipts/allowances are ( For Detail follow the Information & Rules).

4. Entertainment allowance (for Govt Employees)Max 5000/-

5. Academic Allowance (for encouraging academic, research & training pursuits) including Newspaper etc.

6. Some Exempted Income are

7. S.N-4(2),(3) Mention Any other income that does not fall under the above heads of income8. Computation of Income from house property (see cell B56-B62)

9. TAX RATES FOR ( F-YR 2008-09) ASSESSMENT OF MALE ASSESSE FOR YEAR 2009-2010

TAX RATES FOR ( F-YR 2008-09) ASSESSMENT OF FEMALE ASSESSE FOR YEAR 2009-2010

TAX RATES FOR (F-Yr 2008-09) ASSESSMENT OF SENIOR CITIZEN (Above 65 Year) ASSESSE FOR YEAR 200


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D.O.B 12/30/1899

for the Financial Yr 2009-10, Assessment yr 2010-11 SEX - MALE

NAME : PAN 0

0

2. Less: Allowances exempt u/s 10 0

(I) H.R.A. exemption 0

(II) Conveyance allowances(Max Rs.800/-p.m) 0

(iii) Any Other Exempted Receipts/ allowances (specify)-- 0

(iv) Professional Tax 0

3. Income under the head salaries 0

4. Add: Any other income from other sources 0

a. Bank ( Saving /FD /Rec ) 0

b. N.S.C.(accrued/ Recd ) 0c. Post Office M.I.S (6 yrs.) 0

d. Post Office Recurring Deposit (5 yrs.) 0

e. Term Deposit (1 to 5 yrs.) 0

f. Saving Bonds (6yrs.) 0

g. Kishan Vikas patra 0



5. Income from house property 0

6. Gross Total Income 0

7. Less: Deduction under Sec 80C 0

a. PF&VPF Contribution 0

b. Life Insurance premiums 0c. PPF a/c Contribution 0

d. N.S.C (Investment +accrued Int first five year) 0

e. Housing. Loan (Principal Repayment ) 0

f. Tuition fees for 2 children 0

g. E.L.S.S(Mutual Fund) 0

h. Tax Savings Bonds 0

I. FD (5 Years and above) 0

j. 80 ccc Pension Plan 0

8. Less: Deduction under chapter VI A

b. 80 D Medical Insurance premiums 0 0

c. 80 E Int Paid on Education Loan 0

d. 80G Donation to approved fund 0

d. Any other (Specify)--- 0

9. Total Income 0

10. Total Taxable Income (Round off to nearest 10 rupees) 0

11. Tax on Total Income 0

12. Add; Edn Cess @ 3% 0

0

14. Tax Deduction at Source 0

15. Balance Tax Refundable 0

WORKING SHEET OF INCOME TAX

ADDRESS :PHONE :

Email id-

1. Gross Annual Income/Salary (include all allowances)

1. Interest received from following Investments

13. Total Tax Payable


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Calculate your Tax in Just 5 Minutes

Easy to understand & similar as form 16.

You can Calculate your Income Tax in Calculation Sheet & print the Working Sheet.

T A X R U L E S & O T H E R U S E F U L I N F O R M A T I O N

Interest earned from all sources is to be included. All interest income is fully taxable

H O W T O G E T A N U P D A T E

This tax calculator constantly gets updated to fix errors found as well as to add new features

This may also be changed when there are changes in tax rules that affect income tax computation

Auto Tax Calculatorby B.P.Choudhary (Tax Cons

Latest Modified Version 4.1 for the Financial year 2009- 10, ASSESSMENT Y

Hello-Dears- I am Bijender Pal Choudhary.this Auto Tax Calculator for common people. This tax calculator may help you to calculate you find any inconsistency, correction or amendments, please let me know, I will try to fix itdetailed e-mail at [email protected]

REGARD- B. P. CHOUDHARY 1577 SECTOR-5 R.K.PURAM NEW DELHI-110022 P h : 9 8 1

This Calculator will be used to compute theTax for Common individuals.

Once you enter the amount in the blank cells. Other cells in Calculation & Computation Sheets will calculate data & Tax automa

Follow the Tax Rules & Informations (where applicable). Following ready reaconer is for your refference.

HRA exemption = minimum of (40% (50% for metros) of Basic+DA orHRA orrent paid - 10% of Basic+DA)

Transport allowance is exempt upto Rs.800/- per month provided the person is in India during the month. For people having permper month

Medical bills are exempt for self and dependent family, upto Rs.15,000/- per annum

u/s(5) LTA is exempt to the tune of ecomony class Train/ Air /Recognised public Transport fare for the family to any destination in

u/s 24 There is anExemption for interest on housing loan.(for Self occupied Residence). If the loan was taken before Apr 1, 19loan was taken after Apr 1, 1999 exemption is limited to Rs.1,50,000/- per year if the house is self-occupied; There is no limit if the This exemption is available on accrual basis, which means if interest has accrued, you can claim exemption, irrespective of whethe

If you have rented out your house, enter the total income/loss from the house (after deducting property tax and standard mainten

u/s 80D Medical Insurance (such as Mediclaim & Critical illness Cover) premium is exempt upto Rs. 30,000/ per year(Rs 15,000/-for a dependent who is above 65 years of age, an extra Rs.15,000//- can be claimed.

u/s 80DD Deduction in respect of medical treatment of handicapped dependents is limited to Rs.75,000/- per year if the disabthe disability is more than 80%

u/s 80DDB Deduction in respect of medical treatment for specified ailments or diseases for the assesse or dependent can beperson being treated is a senior citizen, the exemption can go up to Rs.60,000/-. but any amount received under Medical Insuradeduction allowed. The Diseases and ailments specified under rule 11DD are.

(1)neurological diseases being demetia, dystonia musculorum deformans, motor neuron disease, ataxia, chdisease, (2) cancer, (3) AIDS, (4)Chronic renal failure, (5) hemophilia, and (6) thalassaemia.

u/s 80E Interest repayment on education loan (taken for higher education from a university of self & dependents) is completely t

u/s 80G Donations given for certain charities are tax exempt. Some are exempt to the tune of 50%, whereas others are 100%.

u/s 80GG If you do not get HRA, but have rented a house, an exemption is available. This will be calculated as minimum of (25% oRs.24,000/- per year)

u/s 80U If you have a permanent physical disability (including blindness), you can take an exemption (subject to maximum of Rs

u/s 80C Investments up to 1 lac in PF, VPF, PPF, Insurance Premium, Housing loan principal repayment, NSC, ELSS, etc. are dedindividual items, for example 1 lac can be invested in Insurance, )

You can send an e-mail for the current version of tax calculator, within a day or two. Once you send a request for our calc


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I P R O V I D E S E R V I C E S F O R

TAX ASSESSMENT(CALCULATION)

IT RETURNS

PAN CARD

CUSTIMISED SAVINGS/INVESTMENTS/ INURANCE SOLUTIONS (LIFE

C A L L M E F O R P R E S E N T A T I O N : B. P. C H O U D A R Y P h : 9 8 1 1 3 0 2 4 9 7,

A D V I S E

1577 SECTOR-5 R.K.PURAM NEW DELHI-110022

Mostly people gives estimated declaration at year starting to minimise their Tax Liabilities but could not savemonths, so it is advisable to save from start on monthly basis through Bank ECS as a SAP ,touch with me for Tax saving schemes to mininimize your Tax liabilities. I am providing consultancy for Tax ainvestment Plans .

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Free Auto Tax Calculator FY-09-10 Version 4[1] After Budget 06-07-2009