Income & Tax Calculator

Income Tax Department, Government of India

Basic Information

Type of ITR Other than Updated return

Tax Regime New Tax Regime

Assessment Year 2024-25

Taxpayer Category Individual

Residential Status RES (Resident)

Your Age Below 60 years

(Regular Citizen)

Due Date for Submission of Return u/s 139(1) 31-Jul-2024

Actual Date for Submission of Return 21-Apr-2024

Details for Income and tax calculation

Income Detail

Income under the head Salaries 0

(i) Net Salary Income 0

(ii) Less: Standard deduction u/s 16(ia) 0

(iii) Less: Entertainment allowance u/s 16(ii) 0

(iv) Less : Professinal Tax 16(iii) 0

Income under the head House Property 0

a. Income from self occupied house property

Interest on Borrowed Capital 0

b. Income from Let-out Property

1. Annual Letable Value/ Rent Received or Receivable 0

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 2. Less: Municipal Taxes Paid During the Year 0

3. Less:Unrealized Rent 0

Net Annual Value u/s 23 [1-(2+3)] 0

Less: Standard Deduction (30% of NAV) u/s 24(a) 0

Less: Interest Payable on Borrowed Capital u/s 24(b) 0

Income under the head Capital Gains 0

Short Term Capital Gains (Other than covered under section 111A) Total 0

From 01-Apr to 15-Jun 0

From 16-Jun to 15-Sep 0

From 16-Sep to 15-Dec 0

From 16-Dec to 15-Mar 0

From 16-Mar to 31-Mar 0

Short Term Capital Gains (Covered under section 111A) Total 0

From 01-Apr to 15-Jun 0

From 16-Jun to 15-Sep 0

From 16-Sep to 15-Dec 0

From 16-Dec to 15-Mar 0

From 16-Mar to 31-Mar 0

Long Term Capital Gains (Charged to tax @ 20%) Total 0

From 01-Apr to 15-Jun 0

From 16-Jun to 15-Sep 0

From 16-Sep to 15-Dec 0

From 16-Dec to 15-Mar 0

From 16-Mar to 31-Mar 0

Long Term Capital Gains (Charged to tax @ 10%, other than LTCG u/s 0

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 112A) Total

From 01-Apr to 15-Jun 0

From 16-Jun to 15-Sep 0

From 16-Sep to 15-Dec 0

From 16-Dec to 15-Mar 0

From 16-Mar to 31-Mar 0

Long Term Capital Gains u/s 112A(Charged to tax @ 10%) Total 0

From 01-Apr to 15-Jun 0

From 16-Jun to 15-Sep 0

From 16-Sep to 15-Dec 0

From 16-Dec to 15-Mar 0

From 16-Mar to 31-Mar 0

Income under the head Business or Profession 0

Presumptive Income u/s 44AD,44ADA 0

Other income from Business or Profession 0

Income under the head Other Sources 0

(i) Interest from Saving’s bank account 0

(ii) Other Interest Income 0

(iii) Winning from Lottery, crossword puzzles etc 0

(iv) Any other income 0

Gross Total Income 0

Deduction Details

Deductions 0

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 Deductions 0

Deductions u/s 80C 0

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

Deduction u/s 80CCC 0

(Payment in respect Pension Fund)

Deductions u/s 80CCD(1) 0

(Employee’s / Self-employed contribution

Deductions u/s 80CCD (1B) 0

(Additional Employee’s contribution towards NPS)

Deductions u/s 80CCD (2) 0

(Employers contribution towards NPS)

Total 0

Deductions u/s 80D 0

(MediClaim Premium)

Deductions u/s 80G 0

(Donations)

Deductions u/s 80E 0

(Interest on Loan for Higher Education)

Deductions u/s 80EE 0

(Interest on Loan taken for Residential House)

Deductions u/s 80TTA 0

(Interest on Savings Bank Account)

Deductions u/s 80TTB 0

(Interest on Deposits)

Any other deduction

- 0

Tax Details

Taxable Income 0

1. Tax at Normal Rates 0

2. Tax at Special Rates (Capital Gains, Lottery, etc.) 0

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 Short Term Capital Gains (Covered u/s 111A) 0

Long Term Capital Gains (Charged to Tax @20%) 0

Long Term Capital Gains (Charged to tax @ 10%, other than LTCG 0
u/s 112A)

Long Term Capital Gains u/s 112A(Charged to tax @ 10%) 0

Winnings (from Lottery, Crossword Puzzles, etc.) 0

Total Tax before Rebate 0

Less: Tax Rebate u/s 87A 0

Total Tax after Rebate 0

Add: Surcharge 0

Add: Health & Education Cess 0

Total Tax on Income 0

TDS + TCS + MAT / AMT credit utilized 0

Self-Assessment Tax / Advance Tax 0

Date of Payment Self-Assessment Tax/

Advance Tax Paid

21-Apr-2024 0

21-Apr-2024 0

Balance Tax Payable / Refundable 0

Add: Interest u/s 234A 0

Add: Interest u/s 234B 0

Add: Interest u/s 234C 0

Add: Fees for late filing of return u/s 234F 0

Total Tax and Interest payable 0

Disclaimer

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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.

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