Tax charts for quick reference to various rules, forms, time limitation. These faqs are not just common question, but certain very typical questions on tax subjects.Ĥ. Frequently asked question (FAQ) module on salary, house property,capital gains, business & profession,filing of return, withholding tax or TDS, appeal before CIT(A), Tribunal, High Court, AAR. More than 12 tax calculators like HRA exemption,House Property Income calculator, perquisite exemption, Long Term capital gains,Gratuity exemption calculator, Tax Residency Calculator,Agriculture Land calculator, Leave encashment exemption, retrenchment compensation tax exemption etc.ģ. Following modules are included in the appĢ. So, the concept of creating such a tax app hovered in the mind of Prashant Thakur, who took early VRS from income tax department and started practicing through his website. Income Tax Ready Reckoner in a mobile device would be great help to all those who are practicing tax. Therefore, both for tax payer and their counsels like chartered accountants and lawyers who practice tax, it is nightmarish experience to keep reminding themselves of important dates, provisions and forms. Income Tax Act of India provides many deductions, exemptions, various kinds of tax computation, time limitation for the tax payers and assessing officers, forms for application under different provisions.
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