This Excel-based calculator is designed to help salaried individuals compute their Income Tax Return (ITR-1) for the Financial Year 2019-20 (Assessment Year 2020-21). It allows you to input income details, standard deductions, House Rent Allowance (HRA), and various other deductions under sections like 80C, 80D, and more. The tool provides a clear breakdown of taxable income and the final tax payable, including any applicable rebates or surcharges. It's a user-friendly resource for individuals to estimate their tax liability accurately.
Excel based Income Tax Calculator for FY 2019-20 – AY 2020-21
This excel-based Income tax calculator can be used for computing income tax on income from salary, pension, gifts, fixed deposit and bank interest, house rent and capital gains (short and long term gains).
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