Articles by Pranab Banerjee

Income Tax Arrears Relief Calculator u/s 89(1) with Form 10E for FY 2023-24 and AY 2024-25

17 March 2023 27030 Views

Salary arrears are understood as unpaid wages of the previous period accrued in the current year. There may be a subsequent revision of the employee's wages or a disputed wage which is then issued by the employer.

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

Posted by Pranab Banerjee

21 February 2023 49112 Views

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

Posted by Pranab Banerjee

17 January 2022 9422 Views

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

Posted by Pranab Banerjee

30 November 2021 25471 Views

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

Posted by Pranab Banerjee

11 April 2021 2162 Views

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

Posted by Pranab Banerjee

02 November 2020 9982 Views

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.