TAX CONSULTANT

TAX CONSULTANT new version (Ver.11) released . It is intended for the Fin. Year 2019-20 (AY 2020-21) Tax calculation for the senior & very senior citizen may also be included in this version. Calculation of Relief 89(1) in respect of arrears of salary received may also be incorporated. 

An application to calculate Income Tax.  Prepare the IT statement, Form16 part B, Form 10E set if arrears adjusted. The Tax Consultant will also offer certain advice to reduce your tax liability.

               Calculate your tax at the beginning of the financial year on the basis of your anticipated income for the year and determine amount of monthly deduction to be made from salary. Bulk deduction of tax in February will attract interest for short deduction in the previous months as per income tax Act. If any change in your income during the financial year, calculate your tax again and change your monthly deduction accordingly.