Articles by Pranab Banerjee

IT calculator for AY 2024-25 with IT ready reckoner for FY 2023-24

Pranab Banerjee 21 February 2023 at 09:01

A quick review (Limited Information) of the applicable provisions under the Income Tax Act, 1961 for the F. Y. 2023-24 (A. Y. 2024-25), after incorporating amendments (only key and selective amendments) proposed by the Union Budget of 2023, are given below for ready reference and information.

Section 80U - Tax Exemption for Disabled Persons

Pranab Banerjee 17 January 2022 at 08:27

With Automatic Income Tax Preparation Software in Excel for the Govt and Non-Govt Employees for the F.Y.2021-22

Automated Income Tax Arrears Relief Calculator u/s 89(1) with Form 10E for the FY 2021-22

Pranab Banerjee 30 November 2021 at 09:38

Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E for the F.Y.2021-22| a pay structure that can help you reduce your tax burden.

Auto Fill IT Revised Form 16 for the FY 2020-21 u/s 115 BAC with interest income for senior citizens

Pranab Banerjee 11 April 2021 at 12:17

Senior citizens earning interest income from FDs, savings accounts and recurring deposits can get income tax exemption up to Rs 50,000 per annum under section 80TTB. This is through the amendment of the Finance Act 2018.

Income Tax deduction for medical treatment U/s Section 80DDB

Pranab Banerjee 02 November 2020 at 10:02

U/s 80DDB of the Income Tax Act, taxpayers can claim a deduction for medical treatment of certain specified ailments for self or dependent. Know everything about the section in this article.