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


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.

40 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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