Income Tax Calculator 2016

By | February 2, 2016

Income Tax Calculator 2016 :This calculator carries out following calculations for Individual and HUF assessees for the Assessment Year 2016-17 ( i.e. on income earned during 01.04.2015 – 31.03.2016 ) for determining your taxable income and income tax liability for the year:

  • Calculates Taxable Income by computing income from all sources viz. Salary and Allowances, House Property, Capital Gains, Income from other sources, Agriculture Income etc.
  • Calculates income chargeable at Special Rate for computing the Taxable Income.
  • Calculates deductions available from the Taxable Income under various Sections of Income Tax Act.
  • Calculates and shows Income Tax with slab-wise Income details.
  • Calculates Surcharge net of Marginal Relief *, wherever applicable.
  • Calculates Income net of Income Tax Liability.

1.Income Tax Calculator 2016:Click here

2 Income Tax Calculator 2016 by Sunil Dave:Click here

Table “A” ,Annexure -I,Form No.10 E,Indian Income Tax Slab Rates:Click Here

Income Tax Deduction From Salaries Circular 20-12-2015:Click Here

Thanks to Kirit Patel & The Dang Cyber Group

Download for Income Tax Calculator for Teachers:Click here

Download Income Tax Calculator for CRC:Click here

2 thoughts on “Income Tax Calculator 2016

Comments are closed.