TELANGANA INCOME TAX SOFTWARE AY 2020-21 BY K VIJAYAKUMAR FROM MEDAKBADI

*INCOME TAX DEPT CIRCULAR  FY 2019-20

TELANGANA INCOME TAX SOFTWARE AY 2020-21 BY K VIJAYAKUMAR FROM MEDAKBADI

ANDHRA PRADESH INCOME TAX SOFTWARE AY 2020-21 BY K VIJAYAKUMAR FROM MEDAKBADI

TELANGANA INCOME TAX SOFTWARE AY 2020-21 (IN ANNE-1 ,UNNEEDED COLUMNS HIDE OPTION)



THE SOFTWARE IS DESIGNED FOR AP AND TELANGANA FOR THE FY 2019-20 AY 2020-21 FOR ASSESSING ADVANCE TAX..ENTER MANUALLY DA PARTICULARS IN DATA SHEET ACCORDING TO NEEDS

Is employer's contribution to NPS added to gross salary?

Yes, you have to add your employer's contribution to National Pension System (NPS) to your gross salary and then claim a tax deduction on it. Employer's contribution to NPS qualifies for a tax deduction of up to 10 per cent of the salary (basic plus DA) under Section 80CCD(2) of the Income Tax Act. This contribution is not included in the overall limit of R1.5 lakh allowed under section 80CCE. So, this is an an extra tax deduction for you.

65 comments:

  1. IR not calculating, Section 80 C amount not displaying

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  2. Sir, there is option in DATA SHEET to select IR

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    Replies
    1. sir if we give IR as 27%, the same number is displaying in IR column, the amount is not displaying and also Section 80 C is not displaying amounts

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  3. IT 2019-20 soft lo 10 a) Deductions under Chapter VI A-80C (LIC, PLI)ku sambandinchina amount ravadam ledu sir

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  4. sir in pay bill software please enable PAYSLIP FECILITY

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  5. THERE IS NO AUTOMATIC CALCULATION FOR JAN 2018 DA ARREARS DETAILS

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  6. 80 C AMOUNTS NOT DISPLAYED SIR.......PLS SOLVE THE PROBLEM

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  7. sir,download updated software and check it.if find any corrections in software please comment below

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  8. Sir AP DA ARREARS FROM 01.01.2018 TO 31.03.2019 FROM 25.676 TO 27.248 IT IS NOT SHOWN

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    1. This comment has been removed by the author.

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    2. Sir,change DA effected month in column cell nos :AC1&AD1 in IT DATA SHEET
      then enter desired old and new D.A values in column No:W4 & X4 ...and so on

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  9. update sir , for AP FROM JANUARY-2018 DA ARREARS NOT CALCULATING CHECK IT SIR

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  10. IN AC1 NOT CHANGING FOR 1 SIR AND IT IS ASKING PASSWORD

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  11. SIR, PLEASE UPDATE JANUARY-2018 D.A ARREARS FROM 25.676% TO 27.248% FOR A.P TEACHERS. GOOD SERVICE FOR ALL EMPLOYEES.THANKING YOU SIR.

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  12. SIR NOTIONAL INCREMENTS NOT ADD .


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  13. sir IT SOFTWARE SHEET 2020-21 ANEXER 1 LO CELL LO CHANGE KAVALANTE PROTECT MODE LO UNDI PLEASE unprotect pasword cheppandi sir.

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  14. Hi sir, what is the password to change the protected sheets

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  15. sir i am going to be retired in jan 2020 ,pl set the software up to jan 2020

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  16. retired cps employees commutation benefits software

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  17. Sir,
    I extend my heart felt thanks for making IT software and other software essential for Govt employees which has made things easy every year.
    A small request, In Annexure II of the data sheet Serial No 8(b) Medical Insurance premium for self,spouse & family is been taken 2 time. When we are entering 20000 in the data sheet it is taking 20000 2 times in the annexure i.e. 40000, there is a variation in IT payable, I request your good self to kindly look into the issue.
    Thank you.

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  18. This comment has been removed by the author.

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  19. sir,pls unlock da arrears cells to enter manual details

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  20. sir,For CPS employees with out adding govt contribution..Deduction showing under section 80 CCD(2) Pls correct it

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    Replies
    1. Sir if don't want to show 80CCD(2) AMOUNT IN ANNEXURE-II,YOU SHOULD DELETE AMOUNT IN ANNEXURE-I IN COLUMN>>AC27

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  21. Sir, Good evening in IT Software we enter under section 80G Donation to Charitable Trust of 50% it calculate to 25% only please verify and rectify Thank you for prepare

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  22. Sir, Good software

    and my doubt is

    why the gross salary is a sum of gross salary and cps amount

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  23. Sir, Good Night, In IT for FY 2019-20 the following errors are noticed by me. please rectify. I downloaded today itself.
    1. total amount of exemption under section 10 is showing the gross salary instead of HRA
    2.Total amount of deduction under section 16 is showing the gross salary instead of deductable amount.

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  24. SIr,in form 16 of last column gross amount shown after deducting total exempted amount of section 10 or 16 of respective columns

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  25. Sir, Good Software. Excuse me. it has got some mistake formula form 16 in Section U/S 10(14)(i) and Sec 10 for exemption PHC. Please it just change edit or remove.. Soon

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  26. Sir, Good software in updated. Thanking you Sir,

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  27. In IT DATA tab there is no PAN of the Deductor

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  28. 80CCD
    Tax benefits availed under this section cannot be claimed under Section 80C (the combined deduction under Section 80C and Section 80CCD should not exceed Rs 2 lakhs per annum).E

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  29. a) Deductions under Chapter VI A
    i) CPS(NPS) --- u/s 80 CCD (1) PRAN No: (111000821465) ₹ 29,280
    ii) TSGLI Pol. No.( L1508940) ₹ 24,000
    iii) GIS ₹ 720
    iv) LIC Premium Deducted in Salary Savings Scheme ₹ -
    v) LIC Annual Premiums Paid by Hand ₹ 40,000
    vi) Children Tution Fee ₹ 10,000
    vii) Sukanya Samriddhi Scheme ₹ 25,000
    viii) PLI Annual Premuim ₹ 21,000
    ix) Any other deductable (u/s 80C) ₹ -
    x) 5 Years Fixed Deposits (or)above ₹ -
    Total deduction under section 80C, 80CCC and 80CCD(1) ₹ 150,000 ₹ 150,000
    b) Deduction other provision(s) of Chapter VI‐A
    i) EWF.SWF,CMRF ₹ 120
    ii) 80CCD(2)-Employer contribution to the Employee’s NPS Account ₹ 56,850
    iii) 80E-Interest on Educational Loan ₹ -
    iv) Housing Loan Interest-u/s 80EEA(loan in Apr-19toMar-20,stamp duty value<=45lakhs) ₹ -
    v) Gratuity ₹ -
    vi) 80G-Payments made to Electoral Trusts-100% ₹ -
    vii) 80D-Medical Insurance Premium-Self ,Spouse & Children ₹ -
    viii) Addl.NPS benefit u/s -80CCD( 1B) ₹ 27,570
    ix) Any other deductions ₹ -
    Total of amount deductible under other provision(s) of Chapter VI‐A ₹ 84,540 ₹ 84,540

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  30. 150000+84540>2 lakshs this is my doubt sir

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    Replies
    1. As per the section 80CCE the aggregate amount of deduction under
      sections 80C, 80CCC and Section 80CCD(1) shall not exceed Rs.1,50,000/-. The
      deduction allowed under section 80 CCD(1B) is an additional deduction in respect of
      any amount paid in the NPS upto Rs. 50,000/-. However, the contribution made by the
      Central Government or any other employer to a pension scheme u/s 80CCD(2) shall be
      excluded from the limit of Rs.1,50,000/- provided under this section.
      As per Section 80CCD(2), where any contribution in the said pension scheme is made by the
      Central Government or any other employer then the employee shall be allowed a deduction
      from his total income of the whole amount contributed by the Central Government or any
      other employer subject to limit of 10% [increased to 14% from financial year 2019-20 if the
      amount is contributed by the Central Government] of his salary.

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  31. SIR, PLEASE UNPROTECTED PASSWORD SEND ME SIR

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  32. Sir,
    I extend my heart felt thanks for making IT software and other software essential for Govt employees which has made things easy every year.

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  33. Good Evening Sir, It is Final Version? Please Reply

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  34. Sir, Please Change Annexure -II, Employee School Name and DDO Office Name come in the same format

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  35. Sir, Please Change Annexure -II, Employee School Name and DDO Office Name come in the same format

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  36. Sir in form 16 the column of pan number of the deductor shows this PANNOTREQD please remove this and give an option for pan number oft he deductor in data sheet.
    thank you very nice software I am using your software from 2013-14. And I am very much thank full to you for your hard work.

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  37. This comment has been removed by the author.

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  38. SIR, GOOD MORNING,
    Sir,
    my heart felt thanks for making IT software and other software.
    ANNEXURE I IS NOT SHOWING SALARY PARTICULARS OF FEB 2020.

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  39. DA is variation between your software calculating and treasure pay bill . How can i edit sir

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    Replies
    1. Sir,new one download then check it.(DA variations occur due to WRONG selection of pay raised particulars after JULY 2018 like AGI,AAS SURRENDER LEAVES)

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  40. Sir,
    IF I SELECTED AAS SCALE DATE, ANNEXURE I IS NOT SHOWING SALARY PARTICULARS OF FEB 2020.

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    Replies
    1. sir ,there is option on right side of annexure-1 >>>after filling data then select 1 in filter dropdown list of anne-1

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  41. RESP SIR
    PLEASE PREPARE IT SOFTWARE FOR PENSIONER

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  42. sir mahabubnagar sto are not agree to deducted cps extra amount under 80CCD(2) i.e more than 150000 so kindly give me option to edit extra amount which is more than 150000

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    Replies
    1. Sir,80CCD(2) AND 80CCD(1B) both two Sections are different.>>>>u/s 80ccd(2)employer contribution is fully allowed to deduction up to 10% salary whereas >>>u/s 80ccd(1B) Rs.50000/- allowed to deduction >>> excluding under section 80C OR 80CCE>>>>
      >>>DOWNLOAD INCOME TAX DEPT CIRCULAR FY 2019-20 FROM THIS PAGE SHOW TO YOUR STO>>>>>>

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  43. Sir please post Declaration form for No pan card to house owner

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  44. Sir, is HRA received in Surrender leave can be exempted from HRA exemption under section 10(13A)

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  45. Is this IT Software useful to pensioners or not?
    give reply sir

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