Instalment Planning, Shortfall & Interest Computation · Sessions saved for team access
Upload computation of income, provisional P&L, Form 26AS, advance tax challans (ITNS 280)
No sessions yet
32 checks · 10 critical
Estimated gross total income from all heads for the year — salary, business, capital gains, other sources
Section 208 IT Act
Deductions under Chapter VI-A applied to arrive at taxable income
Section 80C to 80U
Tax computed at applicable rates — including surcharge and cess (4%)
Finance Act rates, Section 2(11)
Old vs new regime comparison — which gives lower tax liability for advance tax planning
Section 115BAC
Special income included — LTCG at 10%/12.5%, STCG at 15%/20%, lottery at 30% — computed separately
Section 111A, 112, 112A