Does anyone have a spreadsheet which can be used for tzx calculation by entering the salary components and investment details? thanks Monoswi
From India, Mumbai
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From India, Mumbai
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Hi, Iam attaching a file which give you a comprehensive caluculation of tax. I hope this serves your purpose Regards Abhilash
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Hi Abhilash, Thanks for posting such an informative excel sheet for tax calculation. Kindly tell me what is TDS in the sheet and how it has be computed. Regards Abhishek Srivastava
From India, New Delhi
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From India, New Delhi
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Hi Abhishek,
The TDS in the sheet represents the amount of tax you would like to deduct for each of the employees in the months listed. Typically, the total tax payable is equally divided across all the months. However, in some companies, tax is deducted in three installments in the months of January, February, and March.
Please let me know if you have any questions.
Regards,
Abhilash
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The TDS in the sheet represents the amount of tax you would like to deduct for each of the employees in the months listed. Typically, the total tax payable is equally divided across all the months. However, in some companies, tax is deducted in three installments in the months of January, February, and March.
Please let me know if you have any questions.
Regards,
Abhilash
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Tax Calculation Sheet.xls