Prepare at a time 100 employees Form 16 Part A&B for the Financial Year 2014-15 & Assessment Year 2015-16


Click here to Download Automated Form 16 Part A&B for the Financial Year 2014-15 & Assessment Year 2015-16 ( This Excel Utility can prepare at a time 100 employees form 16 Part A&B)

The CBDT has already changed the Format of Form 16 dated on 19/2/2013. In this Format have two part. Part A which found the Tax Deducted At Source and deposited in to the Central Govt Account  and another Part B which is found the details of employee’s Salary. This Part B is mandatory to prepare by the employer. This Part A is mandatory to download form the Income Tax TRACES  Portal. 

Most of the Employer or deductor yet not well known about this new Format of form 16. Also you most of employer could not able to download the Form 16 Part A from the TRACES portal.

Who have not able to download the Form 16 Part A from the TRACES Portal, they can use this below given both in one file Form 16 Part A&B in New Format of Form 16.

This Excel Based Software can prepare at a time 100 employees Form 16 Part A&B for the Financial Year 2014-15 and Assessment Year 2015-16. This Utility can use both of Govt and Non Govt Concerned.

Feature of this Utility:-

  • Automatic Calculate the Income Tax of each employee
  • Automatic Prepare the Form 16 Part A&B in New Format
  • Automatic Convert the Amount in to the In Words
  • Prevent the Double entry of PAN No and Name of Employee
  • Govt and Non Govt Concerned can use this utility
  • This Excel Utility can prepare at a time 100 employees Form 16 Part A&B

Click here to Download Automated Form 16 Part A&B for the Financial Year 2014-15 & Assessment Year 2015-16( This Excel Utility can prepare at a time 100 employees form 16 Part A&B)

How to Tax Calculate on Salary?with Prepare at a time 50 employees All in One Master of Form 16 Part B ( Individual Salary Structure+Salary Sheet) for FY 2014-15


Download All in One Master of Form 16 Part B For the Financial Year 2014-15 ( This Excel Utility can prepare at a time 50 employees Form 16 Part B with Individual Salary Structure + Individual Salary Sheet)

Income earned by an individual can be broadly classified under 5 distinct heads and taxed according to the Income tax rules governing them. The 5 heads of income are:

  • Salary Income
  • Income from house property
  • Business or Professional Income
  • Capital Gains
  • Other Income

We shall discuss in detail the first head of income namely Salary Income and how is tax calculated on the same.

What is Salary Income? Use Income tax Calculation with Form 16 

Salary means remuneration paid to the employee by the employer for the services rendered by him during a period of time. It is taxed on due basis or receipt basis, whichever is earlier. Salary comprises of 5 components namely:

  • Basic Salary
  • Fees, Commission and Bonus
  • Allowances
  • Perquisites
  • Retirement Benefits

Basic Salary

Basic salary is a fixed component of the salary which is agreed upon as per terms of employment or as per the graded system of salary. As per the graded system, the increments are fixed till the basic salary reaches a prescribed limit for the grade.

Fees, Commission and Bonus

Fees and bonus paid to the employee is part of taxable salary. Commissions paid to employees maybe fixed or a percentage of turnover achieved by the employee. If commission is paid a s part of percentage of turnover, the same is added to the basic salary for the purpose of computation of retirement benefits.

Allowances

Allowances are fixed amounts paid by an employer to an employee to meet his expenses for personal use or for performance of his professional duties. The allowances are over and above the basic salary and are taxable as per their nature and guidelines laid by the Income Tax Act. These allowances can be classified as:

Fully Taxable Fully taxable allowances are as under:

Dearness Allowance

This allowance is paid to meet the mounting expenses due to inflation. In some cases it forms part of basic salary for computing retirement benefits.

City Compensatory Allowance

This allowance is paid to employees who are transferred to big metros like Mumbai, Delhi, and Chennai where the cost of living is higher than other cities.

Overtime Allowance

Any allowance paid for working over and above the prescribed hours is called overtime allowance and is fully taxable

Other Allowances

There are many other allowances that are taxable such as deputation allowance, servant allowance, etc.

Partly Taxable

Partly taxable allowances are as under:

House Rent Allowance (HRA) Calculate your HRA Exemption U/s 10(13A)

This allowance is paid to the employee to meet the rental expenses for residential accommodation for self. If the employee lives in his own house, then the HRA is completely taxable. The exemption amount of HRA for rental property is least of the following:

  • Actual HRA
  • Additional rent paid over and above 10% of salary due to him
  • An amount equal to 50% of salary due to him if living in metros (40% of salary if living in other places)

Entertainment Allowance

This allowance is first included in the salary and is then allowed as an exemption only to Central and State Government employees.

Special Allowance

This allowance is given to the employee for carrying on his official duties and is exempt to the extent it is actually incurred. This includes uniform allowance, travel allowance, research allowance, etc.

Special Allowance to meet personal expenses

A fixed allowance is paid to the employee to meet his personal expenses. This allowance is fixed and a reimbursement of the entire expenditure incurred. Eg: Children Education Allowance, Children Hostel Allowance, etc.

Fully Exempt Fully exempt allowances are as under:

Perquisites

Perquisites are emoluments received by an employee by virtue of holding the position and office over and above his salary. They benefit the employee and are not just reimbursement of expenses. These benefits are also in kind and can be valued. Perquisites can be again classified under three heads:

Perquisites that are taxable for all employees: Some perquisites that are taxable for all employees are:

  • Rent free accommodation
  • Concession in rent of accommodation
  • Interest free loans or subsidized loans
  • Movable assets or transfer of assets
  • Payment of club fees
  • Payment of educational expenses
  • Payment of insurance premium, on behalf of employees

Perquisites that are taxable only for specified employees

Specified employees are employees who are either directors in the organization or have substantial interest in the organization or their salary was over Rs.50000/- in the previous year:

  • Free gas, electricity, water supply for domestic purposes
  • Free or concessional educational expenses
  • Gardener, sweeper, attendant
  • Free or concessional transport facility
  • Any other benefit or amenity

Perquisites that are exempt from tax

Some perquisites are notified by the Income Tax Department where fringe benefit tax has to be paid by the employer on the expenses incurred by them on the perquisites. These fringe benefits are absolutely exempt from tax in the hand of the employee. These include:

  • Medical Benefits
  • Leave Travel Concession
  • Health Insurance Premium
  • Car, laptop, computers for personal use
  • Staff Welfare Schemes
  • The perquisites which are taxable are valued as per the rules laid down in the Income Tax Act.

Retirement Benefits

These benefits are provided either at the time of retirement or during the period of the service. Each benefit has a different tax treatment. The various benefits are:

Pension

Pension is a reward for the services rendered by the employee> It is usually disbursed as a monthly payment, but sometimes the employee may opt for a lumpsum payment. The tax treatment depends on the option chosen and on the category of employee.

Gratuity

Gratuity is a payment received in appreciation of past performance. It is received on retirement. It is exempted upto a certain limit and also dependent on the type of employee.

Leave Salary

Privilege leave is accumulated in the account of the employee. The employee may avail of leave or may opt for encashment of leave accumulated. This is permitted either during the tenure of service or at the time of retirement. The tax treatment will depend on the option chosen and on the category of employee.

Provident Fund

Contribution towards Provident fund is deducted on a monthly basis from the salary of the employee. An equal amount is also contributed by the employer. At the time of retirement the accumulated balance in the Provident fund account along with the interest is given to the employee. The tax treatment of the proceeds depends on the type of provident fund maintained by the employer.

Deductions allowed from Salary: The following deductions are made from the salary income to reach the net salary income:

Standard Deduction: This deduction has been discontinued from Assessment year 2006-07 [ As per the new Tax Slab for FY 2014-15 up to Rs. 2.5 Lakh is NIL]

Entertainment Allowance: This is first included in the salary and then allowed as a deduction to the State and Central Government employees. The deduction amount is the least of

  • Rs.5000/-
  • Entertainment allowance actually received
  • 20% of basic salary

Professional Tax: Professional tax also known as tax on employment is first paid by the employer and then allowed as a deduction from salary. It is allowed only in the year in which it is actually paid.

Computation of Net Salary of an Employee

 Particulars  Amount (Rs)
 Basic Salary X
 Fees Commission and Bonus X
 Allowances X
 Perquisites X
 Retirement Benefits X
 Gross Salary            XXXX
 Less: Deductions from Salary X
            Entertainment Allowance X
            Professional Tax X
Deduction Chapter VIA ( including 80C) X
 Standard Deduction X
Net Salary XXXX

Download and prepare at a time Tax Compute Sheet + Individual Salary Structure + Arrears Relief Calculation + Form 10E + HRA Exemption Calculation + Form 16 Part B and Form 16 Part B for the Financial Year 2014-15 and Assessment Year 2015-16 with the all of above Income Tax Section

Download Excel Utility

Deduction available U/s 80D , Plus All in One TDS on Salary for Govt & Non-Govt employees for the Financial Year 2014-15


Click here to download the All in One TDS on Salary for the Financial Year 2014-15 for Govt & Non-Govt Employees for the financial year 2014-15 ( This Excel Utility can prepare at a time Tax Compute sheet + Individual Salary Structure + Individual Salary Sheet for Print + Automated HRA Calculation + Automated Form 16 part B + Form 16 Part A&B + Arrears Relief Calculator with Form 10E)

Deduction u/s 80D is available to the following:
1.An Individual;
2.A hindu undivided family(HUF)

Deduction u/s 80D is available to an individual for his own health , spouse and dependent children. An individual can also claim deduction u/s 80D for his parents(whether dependent or not). deduction in respect of parents health of an individual is in addition to the above deduction.

PERMISSIBLE DEDUCTION U/S80D:

1. Amount paid for medical insurance or Rs. 15,000/- for his own health or his family(spouse & dependent children)
2.Amount paid for the health of his parents whether dependent or not OR Rs. 15,000(Maximum). but if the parents are senior citizens, the above amount of deduction increased to Rs. 20,000(maximum).

therefore , an individual can get maximum deduction u/s 80D either Rs. 30,000(Rs.15,000 for himself & family & Rs. 15,000 for parents) OR Rs. 35,000( if the parents are senior citizens)

Example:
An individual assessee pays (through any mode other than cash) for Medical insurance premium during the previous year out of his taxable income as under:

a) Rs. 12,000 on his own health & on the health of his wife & dependent children.
b) Rs. 17,000 on the health of his
parents.

total amount paid by the individual is Rs. 29,000. but he will get deduction only for Rs. 27,000 (Rs. 12,000 for himself & family & Rs. 15,000 for his parents).

But if the parents are senior citizens he will get benefit of Rs. 29,000 because in case of senior citizen deduction is allowed upto Rs. 20,000.

NOTE:

1.deduction in respect of dependent children in case of male is upto the age of 25 years is allowed & in case of female child upto her marriage.
2. dependent children includes legitimate of legally adopted childrens.

CONDITIONS TO AVAIL THE DEDUCTION U/S 80D:

1.Payment shall be made by any mode of payment other than cash. If the payment for the policy is made in cash than deduction under this section is not allowed.
2.Payment shall be made out of income chargeable to Tax.
3. payment shall be as per GIC scheme approved by the central government or any other insurer as approved by IRDA.

All in One Master of Form 16 Part B with Individual Salary Structure in Excel for Govt & Non Govt Employees For the FY 2014-15


Click here to Download the All in One Master of Form 16 Part B with Individual Salary Structure for the Govt & Non-Govt Concerned Employees for the Financial Year 2014-15 & Assessment Year 2015-16.( This Excel Utility Can prepare at a time 50 employees For 16 Part B with 50 employees separate Salary Structure for Calculate the Gross Salary Income of each employees Individually.) 

 Just passed the New Finance Bill as well as the New Budget of Finance (Central) for the Financial Year 2014-15. All the Tax payers watching the what will be the new benefits which will be declare by this Finance Budget 2014-15. After passing the New Finance Budget it comes to the following some benefits.
 Main Feature of the Finance Budget 2014-15 :-

1) New Section have  U/s 87 A ( Tax Rebate Rs. 2,000/-, who’s Taxable Income less than  5,00,000/-) will be Continue in this Financial Year. [Click to view the Section 87A Tax Rebate Rs. 2000/-]

  2) New Section is continue U/s 80 EE ( Additional benefits can get this section regarding House Building Loan Interest Max    Rs.1,00,000/-(One Lake) and only get the benefits who can get the  House Building Loan since 01/04/2013.
 

  3) The Income Tax Slab has change and Raised the Slab up to Rs.2.5 Lakh for below 60 years age

 4) Raised the Section 80 C up to Rs. 1.5 Lakh [Click to view the 80 C deduction ]
 5) New Tax deduction has Re-Introduce U/s 80 C as Kissan Vikas Patra ( Up to Rs. 1.5 Lakh)
 6) The P.P.F. Limit has raised up to Rs. 1.5 Lakh.
       Now it is necessary to guess how much amount shall be paid as  Tax Payable for the Financial Year 2014-15 and Assessment Year 2015-16. All of the Govt and Non-Govt Concerned calculate the Tax Liability of each employee’s from the starting the New financial Year and also they can deduct the Tax month wise and submit the same to the income tax department through the Treasury or Bank Challan as well as the 24Q or 26Q in the end of each Quarter ended period.
 In this regard you should first calculate your Taxable Income and Tax liability for the Financial Year 2014-15 and Assessment Year 2015-16.
       Here is a Income Tax Calculator with All in One Master of Form 16 with Individual Salary Structure  which can calculate & Prepare at a time 50 employees  Tax Liability just a moment, after giving your Salary in Salary Sheet. This Excel utility have some special feature of Excel and have no need to quarry from another persons regarding the new tax slab and new Section which have newly included. In this Excel Based TDS on Salary ( All in One) Tax Calculator have all the new feature of Finance Bill and the New included Section in Instruction sheet.
 This Excel Utility Can prepare at a time 50 employees Tax Compute  with Individual Salary Structure for calculate the Gross Salary Income + Automatic Prepare the Form 16 Part B. This Excel Utility can use the Both of Govt and Non- Govt employees. This Excel Utility have the Salary Structure which can fit for every Govt & Non Govt Concerned Pattern.
 Click here to Download the All in One Master of Form 16 Part B with Individual Salary Structure for the Govt & Non-Govt Concerned Employees for the Financial Year 2014-15 & Assessment Year 2015-16.( This Excel Utility Can prepare at a time 50 employees For 16 Part B with 50 employees separate Salary Structure for Calculate the Gross Salary Income of each employees Individually.) 

All State Employees All in One TDS on Salary for FY 2014-15(Tax Compute Sheet+Individual Salary Structure+Arrears Relief Calculation+HRA Exemption Calculation + Form 16 Part A&B and Part B) For Ass Year 2015-16


Click here to Download the All State Employees All in One TDS on Salary for the Financial Year 2014-15 and Assessment Year 2015-16.( This Excel Based Utility can prepare at a time Tax Compute Sheet + Individual Salary Structure for Calculate the Gross Salary Income + Automatic Arrears Relief Calculation from FY 2000-01 to FY 2014-15 + Form 10E + Automatic HRA Calculation + Automated Form 16 Part A&B and Form 16 Part B)

 

The itaxsoftware.wordpress.com is now published a unique Excel Based Software for Income Tax all Calculation at a time and in one Excel File for the Financial Year 2014-15. The Income Tax Slab has already changed from the Financial Year 2014-15 and Raised the Tax Slab from 2 lakh to 2.5 Lakh for below 60 years. And also Raised the Deduction amount U/s 80C from 1 lakh to 1.5 Lakh. New one relief is Re-introduce in U/s 80 C that is Kissan Vikas Patra and the P.P.F. amount  Limit also Raised up to Rs. 1.5 Lakh.

 The Most of of common question to the tax payers that, “whether the Tax Rebate U/s 87A (Rs.2,000/-) is continue in this Financial Year ?” Yes the Tax Rebate U/s 87A Rs.2,000/- has been continuing this Financial Year 2014-15.
 

It appears that most of State Govt Employee’s Salary and Benefits,Deduction are different from each to other State Employees Salary Structure and benefits. In this Excel Utility Inbuilt a Salary Structure which can most useful to calculate the Gross Salary Income as well as Fit for any State Govt Employee’s Salary and Benefits. Some of the State Govt employee’s Salary Deduction also different from the other State Govt employee’s Salary deduction. This Salary Structure can provide you your actual Salary Deduction as per your State Govt permitted.

 This Excel Based Software can prepare at a time your all of Income Tax Calculation as you like.The Arrears Relief Calculation which can calculate from the Financial Year 2000- 2001 to Financial Year 2014-15 U/s 89(1) with Form 10E . House Rent Exemption Calculation U/s 10(13A) can calculate. Amended Version of Form 16 Part A&B and Part B.

Main Feature  of this Utility are :-

1) Automatic Calculate your Income Tax as per new Tax Slab for the Financial Year 2014-15

2) Automatic Calculate Tax Rebate U/s 87A Rs. 2,000/- ( Below 5 Lakh taxable income)

3) Automatic Calculate Arrears Relief Calculation From the Financial Year 2000-01 to FY 2014-15

4) Automatic Prepare the Form 10E U/s 89(1) with Annex A & B

5) Automatic Calculate the House Rent Exemption Calculation U/s 10(13A)

6) Automatic Prepare Form 16 Part A&B after filling employees salary details

7) Automatic Prepare Form 16 Part B

8) Automatic Convert the Amount in to the In Words ( Without any Excel Formula)

9) This Utility can competent to prepare more than 100 employees All in One ( One by One)

10) All the Tax Section have in this utility as per the last Finance Budget 2014-15

Click here to Download the All State Employees All in One TDS on Salary for the Financial Year 2014-15 and Assessment Year 2015-16.( This Excel Based Utility can prepare at a time Tax Compute Sheet + Individual Salary Structure for Calculate the Gross Salary Income + Automatic Arrears Relief Calculation from FY 2000-01 to FY 2014-15 + Form 10E + Automatic HRA Calculation + Automated Form 16 Part A&B and Form 16 Part B)

Deduction U/s 80C has raised up to Rs.1.5 Lakh with details of U/s 80C + Master of Form 16 Part B (100 Employees) for the Govt & Non-Govt Employees For the Assessment Year 2015-16


Click below link to Download Master of Form 16 Part B ( 100 employees) for the Govt & Non Govt Employees for the Assessment Year 2015-16 ( This Excel Utility can prepare at a time 100 employees Tax Compute + Form 16 Part B )

(100 Employees) Master of Form 16 Part B for AY 2015-16

As per the Income Tax Act and further amended Income Tax Department’s time to time Notification and amended Section Under Section 80C is given below:-

The total limit under this section is Rs 1.5 lakh from the financial Year 2014-15. Included under this heading are many small savings schemes like NSC, PPF and other pension plans. Payment of life insurance premiums and investment in specified government infrastructure bonds are also eligible for deduction under Section 80C Max Limit Rs. 1,50,000/-

 Most of the Income Tax payee try to save tax by saving under Section 80C of the Income Tax Act.  However, it is important to know the Section in to so that one can make best use of the options available for exemption under income tax Act.   One important point to note here is that one can not only save tax by undertaking the specified investments, but some expenditure which you normally incur can also give you the tax exemptions.
 Besides these investments, the payments towards the principal amount of your home loan are also eligible for an income deduction. Education expense of children is increasing by the day. Under this section, there is provision that makes payments towards the education fees for children eligible for an income deduction

Sec 80C of the Income Tax Act is the section that deals with these tax breaks. It states that qualifying investments, up to a maximum of Rs. 1.5 Lakh, are deductible from your income. This means that your income gets reduced by this investment amount (up to Rs. 1.5 Lakh), and you end up paying no tax on it at all!

 This benefit is available to everyone, irrespective of their income levels. Thus, if you are in the highest tax bracket of 30%, and you invest the full Rs. 1 Lakh, you save tax of Rs. 30,000. Isn’t this great? So, let’s understand the qualifying investments first.

Qualifying Investments

Provident Fund (PF) & Voluntary Provident Fund (VPF)and (PF) is automatically deducted from your salary. Both you and your employer contribute to it. While employer’s contribution is exempt from tax, your contribution (i.e., employee’s contribution) is counted towards section 80C investments. You also have the option to contribute additional amounts through voluntary contributions (VPF). Current rate of interest is 8.5% per annum (p.a.) and is tax-free.

 Public Provident Fund (PPF): Among all the assured returns small saving schemes, Public Provident Fund (PPF) is one of the best. Current rate of interest is 8% tax-free and the normal maturity period is 15 years. Minimum amount of contribution is Rs 500 and maximum is Rs 1,50,000/-. A point worth noting is that interest rate is assured but not fixed. Interest on PPF  is proposed to increase to 8.60% and Investment Limit is also expected to increase to Rs. 1,50,000/- very soon.

Life Insurance Premiums: Any amount that you pay towards life insurance premium for yourself, your spouse or your children can also be included in Section 80C deduction. Please note that life insurance premium paid by you for your parents (father / mother / both) or your in-laws is not eligible for deduction under section 80C. If you are paying premium for more than one insurance policy, all the premiums can be included. It is not necessary to have the insurance policy from Life Insurance Corporation (LIC) – even insurance bought from private players can be considered here.

 Equity Linked Savings Scheme (ELSS): There are some mutual fund (MF) schemes specially created for offering you tax savings, and these are called Equity Linked Savings Scheme, or ELSS. The investments that you make in ELSS are eligible for deduction under Sec 80C.
 Home Loan Principal Repayment: The Equated Monthly Installment (EMI) that you pay every month to repay your home loan consists of two components – Principal and Interest.The principal component of the EMI qualifies for deduction under Sec 80C. Even the interest component can save you significant income tax – but that would be under Section 24 of the Income Tax Act. Please read “Income Tax (IT) Benefits of a Home Loan / Housing Loan / Mortgage”, which presents a full analysis of how you can save income tax through a home loan.
Stamp Duty and Registration Charges for a home: The amount you pay as stamp duty when you buy a house, and the amount you pay for the registration of the documents of the house can be claimed as deduction under section 80C in the year of purchase of the house.


National Savings Certificate (NSC): National Savings Certificate (NSC) is a 6-Yr small savings instrument eligible for section 80C tax benefit. Rate of interest is eight per cent compounded half-yearly, i.e., the effective annual rate of interest is 8.16%. If you invest Rs 1,000, it becomes Rs 1601 after six years. The interest accrued every year is liable to tax (i.e., to be included in your taxable income) but the interest is also deemed to be reinvested and thus eligible for section 80C deduction.

 Pension Funds – Section 80CCC: This section – Sec 80CCC – stipulates that an investment in pension funds is eligible for deduction from your income. Section 80CCC investment limit is clubbed with the limit of Section 80C – it maeans that the total deduction available for 80CCC and 80C is Rs. 1 Lakh.This also means that your investment in pension funds upto Rs. 1 Lakh can be claimed as deduction u/s 80CCC. However, as mentioned earlier, the total deduction u/s 80C and 80CCC can not exceed Rs. 1 Lakh.

5-Yr bank fixed deposits (FDs): Tax-saving fixed deposits (FDs) of scheduled banks with tenure of 5 years are also entitled for section 80C deduction.

Senior Citizen Savings Scheme 2004 (SCSS): A recent addition to section 80C list, Senior Citizen Savings Scheme (SCSS) is the most lucrative scheme among all the small savings schemes but is meant only for senior citizens. Current rate of interest is 9% per annum payable quarterly. Please note that the interest is payable quarterly instead of compounded quarterly. Thus, unclaimed interest on these deposits won’t earn any further interest. Interest income is chargeable to tax.

5-Yr post office time deposit (POTD) scheme: POTDs are similar to bank fixed deposits. Although available for varying time duration like one year, two year, three year and five year, only 5-Yr post-office time deposit (POTD) – which currently offers 7.5 per cent rate of interest –qualifies for tax saving under section 80C. Effective rate works out to be 7.71% per annum (p.a.) as the rate of interest is compounded quarterly but paid annually. The Interest is entirely taxable.

 NABARD rural bonds: There are two types of Bonds issued by NABARD (National Bank for Agriculture and Rural Development): NABARD Rural Bonds and Bhavishya Nirman Bonds (BNB). Out of these two, only NABARD Rural Bonds qualify under section 80C.

Unit linked Insurance Plan : ULIP stands for Unit linked Saving Schemes. ULIPs cover Life insurance with benefits of equity investments.They have attracted the attention of investors and tax-savers not only because they help us save tax but they also perform well to give decent returns in the long-term.

Children Education Fees :- children’s education expense (for which you need receipts), that can be claimed as deductions under Sec 80C max Rs. 1,50,000/- p.a.


Kissan Vikas Patra ( K.V.P.):- Newly introduce this Kissan Vikas Patra by the Finance Budget 2014-15

Click below link to Download Master of Form 16 Part B ( 100 employees) for the Govt & Non Govt Employees for the Assessment Year 2015-16 ( This Excel Utility can prepare at a time 100 employees Tax Compute + Form 16 Part B )

(100 Employees) Master of Form 16 Part B for AY 2015-16

Download Income Tax All in One ( Tax Compute Sheet + Individual Salary Structure + HRA Calculation + Form 16 Part A&B and Part B) for the Non-Govt employees for the Assessment Year 2015-16


Download the All in One TDS on Salary for the Non-Govt employees for the Financial Year 2014-15 and Assessment Year 2015-16 from the below Link

(Private employees) All in One TDS+HRA Calculation + Arrears Relief + Form 10E + Form 16 For AY 2015-16

Most of the Web Site and Blog, post the various type of Income Tax Calculator for the Financial Year 2014-15 and Assessment Year 2015-16, but those Calculator is not fully Calculate the all Income Tax Section like as HRA Calculation or Arrears Relief Calculation or at a time Form 16 Part B or Part A&B.

Various Categories of Employees have in the various Concerned like as Govt or Non-Govt as well as Private Concerned Employees. Various Calculator have in Web Site but there have no any Calculator which can calculate only for the Non-Govt employees or Private Concerned Employees. As the Non-Govt employee’s Salary Structure or Salary Benefits is different to another Concerned.

 Given below the Income Tax Preparation Excel Based Software (All in One) which can prepare only for the Non-Govt employees or Private Concerned Employees. The salary pattern and also prepare this utility  as per the Non-Govt Salary Structure and Salary Benefits.

This Excel Utility can prepare at a time your Income Tax Computed Sheet + Automatic HRA Calculation + Automatic Form 16 Part B and Part A&B for the Financial Year 2014-15 and Assessment Year 2015-16.   

Feature of this Utility:-

1) Automatic Calculate Income Tax Liability with Tax Computed Sheet

2) In built the Salary Structure for calculate the Gross Salary Income

3) Salary Structure prepare as per the all Non-Govt Concerned Pattern and Benefits

4) Any Private or Non-Govt Concern’s Employees Can be used this utility

5) Automatic Prepare the Form 16 Part A&B and Part B ( Amended Format)

6) All the Income Tax Section including the New Section have in this utility as per the             Finance Budget 2014-15

(Private employees) All in One TDS+HRA Calculation + Arrears Relief + Form 10E + Form 16 For AY 2015-16