Tax Consultant- An application to calculate Income Tax

Post date: 10-Sep-2015 16:29:50

An application to calculate Income Tax.  Prepare the IT statement , Form16 partB, Form 10E set if arrears adjusted. The Tax Consultant will also  offer certain advice to reduce your tax liability.

               Calculate your tax at the beginning of the financial year on the basis of your anticipated income for the year and determine amount of monthly deduction to be made from salary. Bulk deduction of tax in February will attract interest for short deduction in the previous months as per income tax Act. If any change in your income during the financial year, calculate your tax again and change your monthly deduction accordingly.