INCOME TAX CALCULATOR FY 2014-15 WITH CALCULATION SHEET - EXCEL FORMAT

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DELHI SCHOOL TEACHERS FORUM is publishing INCOME TAX CALCULATOR with Calculation Sheet in Excel Format. Now You can Calculate Your Expected Income Tax for assessment Year 2015-16 and Financial Year 2014-15 accurately. This Calculator is based on the Income Tax Slab announced in Budget-2014. Disclaimer apply.

How to Use this Calculator :- 

NOTE : Don't Enter any value in any other coulumn as it may delete the formula entered.

•  Click on the Click Here to  Use Income Tax Calculator. Then in File Menu download Calculator as excel on your Computer.Then use Calculator as follow

1. First Fill your  Basic Pay, Grade Pay, TA, GPF contribution, Income Tax deducted as in March, 2014 in March, 14 Row. Your Increment in July will automatically calculated.
2. In T. Fee Column , Enter the amount of Tuition Fees reimbursement.
3. In HRA Rent Recipt Enter the amount of Actual Rent paid by you monthly, you want to get HRA Rebate. If you don't want to get the HRA Rebate Enter 0 and if you are living in the Govt.Flat, Enter '1'.
4. Enter the saving Under 80C, 80CCC, 80CCD ( Limited to Rs. 1,50,000/-) and other applicable deduction.
5. Your Income Tax will automatically will be calculated.
6. This Income Tax will work for the the Male & Female under 60 Yrs. Age.
7. Download the this Sheet on your computer. Click below download link to download.

CLICK HERE TO USE INCOME TAX CALCULATOR EXCEL FORMAT FY -2013-14

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Click Here to download Income Tax Calculator