![]() You can keep all details of your income, expenses, and expenditure in an Excel worksheet. Thus, this tutorial will help both users to calculate income tax in Excel. Conversely, you need to calculate the income tax by yourself in some regions. Click below download link to download.Next → ← prev Income tax calculating formula in Excelįirst of all, you need to know that - in some regions, income tax is taken by your company accountant from your income. Download the this Sheet on your computer.This Income Tax will work for the the Male & Female under 60 Yrs.Your Income Tax will automatically will be calculated. ![]() 1,50,000/-) and other applicable deduction. Enter the saving Under 80C, 80CCC, 80CCD ( Limited to Rs.If you don't want to get the HRA Rebate Enter 0 and if you are living in the Govt.Flat, Enter '1'. In HRA Rent Recipt Enter the amount of Actual Rent paid by you monthly, you want to get HRA Rebate.Fees and Bonus Column, Enter the amount of Tuition Fees reimbursement and Bonus. Your Increment in July will automatically calculated. First Fill your Basic Pay, Grade Pay, TA, GPF contribution, Income Tax deducted as in March, 2015 in March, 15 Row.Click on the Click Here to Use Income Tax Calculator online or Click on download Calculator on your Computer.Then use Calculator as follow.NOTE : Enter the value only in the Pink colour Column and not in other column as it will delete the formula i. This Calculator is based on the Income Tax Slab announced in Budget-2015. Now You can Calculate Your Income Tax for assessment Year 2016-17 and Financial Year 2015-16 accurately. DELHI SCHOOL TEACHERS FORUM is publishing INCOME TAX CALCULATOR with Calculation Sheet in Excel Format.
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