Income Tax Return Filing Calculator
Income Tax Return Calculator / Guide
Enter your financial details to calculate your tax and see the filing steps.
Follow these instructions
1. Employment Income Declaration
Go to: "Employment" > "Salary"
Add in "Pay, Wages or Other Remuneration (including Arrears of Salary)" under the "Total Amount" column and press Calculate button
2. Adjustable Tax Declaration
Go to: "Tax Chargeable / Payments" > "Adjustable Tax"
Enter in "Salary of Employees u/s 149" under the "Receipts / Value" column and press Calculate button.
3. Tax Deducted at Source
Go to: "Tax Chargeable / Payments" > "Adjustable Tax"
Add the calculated tax amount of in "Salary of Employees u/s 149" under the "Tax Collected / Deducted" column and press Calculate button.
4. Reconciliation of Net Assets
Go to: "Wealth Statement" > "Reconciliation of Net Assets"
Enter in "Income Declared as per Return for the year subject to Normal Tax" under the "Amount" column and press Calculate button.
5. Tax Reductions (Rebate) Only for Full-time Teachers / Researchers
IMPORTANT NOTE: Enter rebate amount only if you are full-time teacher or researcher. Rebate is discontinued in every case w.e.f 1st July, 2025.
Go to: "Tax Chargeable / Payments" > "Tax Reductions"
Enter the rebate amount of in "Tax Reduction for Full Time Teacher / Researcher..." under the "Tax Reducted" column and press Calculate button.
6. Personal Assets Declaration
Go to: "Wealth Statement" > "Personal Assets / Liabilities"
Add the remaining cash amount of in "Cash (Non-Business)" / amount in bank / declare a new asset purchased with this amount and press Calculate button.
Income Tax Return Virtual Assistant
For Complete step-by-step support join our Virtual Assistant for Income Tax Return