Quick Summary
The Income Tax Department has released a number of tax tools for taxpayers to help them with their tax planning and compliance. These tools can be used to calculate tax liability, estimate advance tax payments and generate income tax returns. Here is a list of all the tax tools that have been released by the department Sr. No. Tool Name Tool Link 1. Tax Calculator https://incometaxindia.gov.in/Pages/tools/tax-calculator.aspx 2.
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The Income Tax Department has released a suite of online tax tools to help taxpayers with their tax planning and compliance.
These tools can be used to calculate tax liability, estimate advance tax payments, and generate income tax returns.
Yes, the department offers calculators for medical facility, transport allowance, children's education and hostel allowance, and house rent allowance.
Yes, there are tools to calculate deductions under various sections such as 80G/80GGC, 80U, 80TTA, 80DD, 80D, and 80C, as well as relief under section 89A and 89.
The tax tools are available on the Income Tax Department's official website, with specific links provided for each tool.
Yes, the available tools include options for calculating exemptions from capital gains, indexed cost of acquisition or improvement, and presumptive income under sections 44AE and 44AD.
CAclubindia
