Tax Regime *

Old Tax Regime New Tax Regime

Assessment Year *

2024-25

Taxpayer Category*

Individual

Residential Status *

RES (Resident)

Your Age *

80 and
Below 60 Between 60
above
years - 79 years
(Super
(Regular (Senior
Senior
Citizen) Citizen)
Citizen)

Due Date for Submission of Return *

31-Jul-2024
Actual Date of Submission of Return *

01-Apr-2024

Details for Income and

tax calculation

Income under the head Salaries

Provide Income in detail

V713096

Calculation:
(i) Net Salary Income

V 764896

(ii) Less: Standard deduction u/s

16(ia)

V50000

(iii) Less: Entertainment

allowance u/s 16(ii)

V 0

(iv) Less : Professinal Tax 16(iii)

V 1800

Income under the head V0

House Property
Provide Income in
detail

a. Income from Self-occupied

Property
Interest on Borrowed Capital

V 0

b. Income from Let-out Property

1. Annual Letable Value/ Rent
Received or Receivable

2. Less: Municipal Taxes Paid

During the Year

3. Less:Unrealized Rent

Net Annual Value u/s V0

23 [1-(2+3)]

Less: Standard V0
Deduction (30% of
NAV) u/s 24(a)

Less: Interest Payable on

Borrowed Capital u/s 24(b)

Income under the head V0

Capital Gains
Provide Income in
detail

Short Term Capital Gains V0

(Other than covered under
section 111A) Total

From 01-Apr to 15-Jun V

From 16-Jun to 15-Sep V

From 16-Sep to 15-Dec V

From 16-Dec to 15-Mar V

From 16-Mar to 31-Mar V

Short Term Capital Gains V0

(Covered under section
111A) Total

From 01-Apr to 15-Jun V

From 16-Jun to 15-Sep V

From 16-Sep to 15-Dec V

From 16-Dec to 15-Mar V

From 16-Mar to 31-Mar V

Long Term Capital Gains V0

(Charged to tax @ 20%)
Total

From 01-Apr to 15-Jun V

From 16-Jun to 15-Sep V

From 16-Sep to 15-Dec V

From 16-Dec to 15-Mar V

From 16-Mar to 31-Mar V

Long Term Capital Gains V0

(Charged to tax @ 10%,
other than LTCG u/s 112A)
Total

From 01-Apr to 15-Jun V

From 16-Jun to 15-Sep V

From 16-Sep to 15-Dec V

From 16-Dec to 15-Mar V

From 16-Mar to 31-Mar V

Long Term Capital Gains V0

u/s 112A(Charged to tax
@ 10%) Total

From 01-Apr to 15-Jun V

From 16-Jun to 15-Sep V

From 16-Sep to 15-Dec V

From 16-Dec to 15-Mar V

From 16-Mar to 31-Mar V

Income under the head V0

Business or Profession
Provide Income in
detail

Presumptive Income u/s

44AD,44ADA

V
Other income from Business or
Profession.

Income under the head V0

Other Sources
Provide Income in
detail

(i) Interest from Savings bank

account

(ii) Other Interest Income

(iii) Winning from Lottery,

crossword puzzles etc.

(iv) Any other income

Gross Total V
Income 713096

Deductions
V
Provide Deductions in 200000
detail

Deductions u/s 80C

(LIC, PF, PPF, NSC, Repayment of
Housing Loan, etc.)

V 120000
Deduction u/s 80CCC
(Payment in respect Pension Fund)

V 30000
Deductions u/s 80CCD(1)
(Employees / Self-employed
contribution towards NPS)

V 0
Deductions u/s 80CCD (1B)
(Additional Employees contribution
towards NPS)

V 50000
Deductions u/s 80CCD (2)
(Employers contribution towards
NPS)

V 0

Total V
200000
Deductions u/s 80D
(MediClaim Premium)

V 0
Deductions u/s 80G
(Donations)

V 0
Deductions u/s 80E
(Interest on Loan for Higher
Education)

V 0
Deductions u/s 80EE
(Interest on Loan taken for
Residential House)

V 0
Deductions u/s 80TTA
(Interest on Savings Bank Account)

V 0
Deductions u/s 80TTB
(Interest on Deposits)

V 0

Any other deduction

Taxable Income V
513096

1. Tax at Normal Rates V15119

2. Tax at Special Rates V0
(Capital Gains, Lottery,
etc.)
View details

Short Term Capital V0

Gains (Covered u/s
111A)

Long Term Capital V0

Gains (Charged to Tax
@20%)

Long Term Capital V0

Gains (Charged to tax
@ 10%, other than
LTCG u/s 112A)

Long Term Capital V0

Gains u/s
112A(Charged to tax
@ 10%)

Winnings (from V0
Lottery, Crossword
Puzzles, etc.)

Total Tax before Rebate V15119

Less: Tax Rebate u/s V0

87A

Net Tax after Rebate V15119

Add: Surcharge V0

Add: Health & Education V604

Cess

Total Tax on V
Income 15723

TDS + TCS + MAT / AMT credit utilized

V
Self-Assessment Tax /
Advance Tax V0
Provide detail

Date of Payment

16-Feb-2024

Self-Assessment Tax/Advance Tax Paid

V 0
Date of Payment

16-Feb-2024

Self-Assessment Tax/Advance Tax Paid

V 0

Balance Tax V
Payable / 15720
Refundable

Add: Interest u/s 234A V0

Add: Interest u/s 234B V157

Add: Interest u/s 234C V787

Add: Fees for late filing V0

of return u/s 234F

Total Tax and V

Interest payable 16670

Note:
1. New tax regime option is
provided only for individuals
& HUF.

2. Tax calculator for

"Manufacturing Co-
operative societies" will be
provided shorlty.

Disclaimer

The above calculator is only to

enable public to have a quick
and an easy access to basic tax
calculation and does not
purport to give correct income
and tax calculation in all
circumstances. It is advised that
for filing of returns the exact
calculation may be made as per
the provisions contained in the
relevant Acts, Rules etc.