The online Income Tax calculator for 5 Asstt. Year for all Taxpayers, that is simple to use and understand. Calculate your Taxable Income by computing income from all sources viz. Salary and Allowances, House Property, Capital Gains, Income from other sources, Agriculture Income etc. You can also include income chargeable at Special Rate for computing the Taxable Income. Calculate deductions available from the Taxable Income under various Sections of Income Tax Act. Calculate Income Tax and Education Cess Payable with slab-wise details of Income and Income Tax payable. Calculate Income net of Income Tax Liability. This tax calculator also tells you where you are in the Income Tax slab, and also provides information on the payment of advance tax. You can use this calculator as an aid to compile your tax return.
Tax Penalties and Interest Calculations.
