TELANGANA INCOME TAX SOFTWARE AY 2020-21 BY K VIJAYAKUMAR FROM MEDAKBADI

*INCOME TAX DEPT CIRCULAR  FY 2019-20

TELANGANA INCOME TAX SOFTWARE AY 2020-21 BY K VIJAYAKUMAR FROM MEDAKBADI

ANDHRA PRADESH INCOME TAX SOFTWARE AY 2020-21 BY K VIJAYAKUMAR FROM MEDAKBADI

TELANGANA INCOME TAX SOFTWARE AY 2020-21 (IN ANNE-1 ,UNNEEDED COLUMNS HIDE OPTION)



THE SOFTWARE IS DESIGNED FOR AP AND TELANGANA FOR THE FY 2019-20 AY 2020-21 FOR ASSESSING ADVANCE TAX..ENTER MANUALLY DA PARTICULARS IN DATA SHEET ACCORDING TO NEEDS

Is employer's contribution to NPS added to gross salary?

 Yes, you have to add your employer's contribution to National Pension System (NPS) to your gross salary and then claim a tax deduction on it. Employer's contribution to NPS qualifies for a tax deduction of up to 10 per cent of the salary (basic plus DA) under Section 80CCD(2) of the Income Tax Act. This contribution is not included in the overall limit of R1.5 lakh allowed under section 80CCE. So, this is an an extra tax deduction for you.

69 comments:

  1. Harinath9 August 2019 at 02:15

    IR not calculating, Section 80 C amount not displaying

    ReplyDelete
  2. VIJAYAKUMAR KOTA9 August 2019 at 09:27

    Sir, there is option in DATA SHEET to select IR

    ReplyDelete
    Replies
    1. Anonymous13 August 2019 at 22:29

      sir if we give IR as 27%, the same number is displaying in IR column, the amount is not displaying and also Section 80 C is not displaying amounts

      Delete
  3. M.Srinivasulu11 August 2019 at 08:15

    IT 2019-20 soft lo 10 a) Deductions under Chapter VI A-80C (LIC, PLI)ku sambandinchina amount ravadam ledu sir

    ReplyDelete
  4. RAMAIAH KONDAGALLA13 August 2019 at 05:25

    sir in pay bill software please enable PAYSLIP FECILITY

    ReplyDelete
  5. sasmal16 August 2019 at 07:40

    THERE IS NO AUTOMATIC CALCULATION FOR JAN 2018 DA ARREARS DETAILS

    ReplyDelete
  6. Unknown16 August 2019 at 09:00

    GOOD SOFTWARE FOR TS SIR

    ReplyDelete
  7. Unknown17 September 2019 at 07:49

    80 C AMOUNTS NOT DISPLAYED SIR.......PLS SOLVE THE PROBLEM

    ReplyDelete
  8. VIJAYAKUMAR KOTA8 October 2019 at 04:26

    sir,download updated software and check it.if find any corrections in software please comment below

    ReplyDelete
  9. Rajesh15 October 2019 at 23:06

    Sir AP DA ARREARS FROM 01.01.2018 TO 31.03.2019 FROM 25.676 TO 27.248 IT IS NOT SHOWN

    ReplyDelete
    Replies
    1. VIJAYAKUMAR KOTA18 October 2019 at 05:45

      This comment has been removed by the author.

      Delete
    2. VIJAYAKUMAR KOTA18 October 2019 at 05:46

      Sir,change DA effected month in column cell nos :AC1&AD1 in IT DATA SHEET
      then enter desired old and new D.A values in column No:W4 & X4 ...and so on

      Delete
  10. Rajesh15 October 2019 at 23:07

    Please update sir

    ReplyDelete
  11. PBS YADAV21 November 2019 at 06:28

    update sir , for AP FROM JANUARY-2018 DA ARREARS NOT CALCULATING CHECK IT SIR

    ReplyDelete
  12. PBS YADAV21 November 2019 at 06:34

    IN AC1 NOT CHANGING FOR 1 SIR AND IT IS ASKING PASSWORD

    ReplyDelete
  13. Unknown30 November 2019 at 19:10

    SIR, PLEASE UPDATE JANUARY-2018 D.A ARREARS FROM 25.676% TO 27.248% FOR A.P TEACHERS. GOOD SERVICE FOR ALL EMPLOYEES.THANKING YOU SIR.

    ReplyDelete
  14. Unknown6 December 2019 at 07:40

    SIR NOTIONAL INCREMENTS NOT ADD .


    ReplyDelete
  15. maddaiah.com12 December 2019 at 23:27

    sir IT SOFTWARE SHEET 2020-21 ANEXER 1 LO CELL LO CHANGE KAVALANTE PROTECT MODE LO UNDI PLEASE unprotect pasword cheppandi sir.

    ReplyDelete
  16. KVS14 December 2019 at 00:43

    IS IT FINAL VERSION

    ReplyDelete
  17. Unknown17 December 2019 at 02:44

    Hi sir, what is the password to change the protected sheets

    ReplyDelete
  18. GOVT ITI JANNARAM28 December 2019 at 00:31

    sir i am going to be retired in jan 2020 ,pl set the software up to jan 2020

    ReplyDelete
  19. DHARAVATH GOVINDU30 December 2019 at 02:00

    retired cps employees commutation benefits software

    ReplyDelete
  20. Anonymous8 January 2020 at 20:41

    Sir,
    I extend my heart felt thanks for making IT software and other software essential for Govt employees which has made things easy every year.
    A small request, In Annexure II of the data sheet Serial No 8(b) Medical Insurance premium for self,spouse & family is been taken 2 time. When we are entering 20000 in the data sheet it is taking 20000 2 times in the annexure i.e. 40000, there is a variation in IT payable, I request your good self to kindly look into the issue.
    Thank you.

    ReplyDelete
  21. T.SRINIVAS REDDY11 January 2020 at 16:09

    This comment has been removed by the author.

    ReplyDelete
  22. T.SRINIVAS REDDY11 January 2020 at 16:28

    sir,pls unlock da arrears cells to enter manual details

    ReplyDelete
  23. T.SRINIVAS REDDY11 January 2020 at 16:29

    sir,For CPS employees with out adding govt contribution..Deduction showing under section 80 CCD(2) Pls correct it

    ReplyDelete
    Replies
    1. VIJAYAKUMAR KOTA13 January 2020 at 07:22

      Sir if don't want to show 80CCD(2) AMOUNT IN ANNEXURE-II,YOU SHOULD DELETE AMOUNT IN ANNEXURE-I IN COLUMN>>AC27

      Delete
  24. prabhakar12 January 2020 at 07:40

    Sir, Good evening in IT Software we enter under section 80G Donation to Charitable Trust of 50% it calculate to 25% only please verify and rectify Thank you for prepare

    ReplyDelete
  25. Gadadasu Ramesh16 January 2020 at 01:23

    Sir, Good software

    and my doubt is

    why the gross salary is a sum of gross salary and cps amount

    ReplyDelete
  26. Anonymous17 January 2020 at 08:39

    Sir, Good Night, In IT for FY 2019-20 the following errors are noticed by me. please rectify. I downloaded today itself.
    1. total amount of exemption under section 10 is showing the gross salary instead of HRA
    2.Total amount of deduction under section 16 is showing the gross salary instead of deductable amount.

    ReplyDelete
  27. VIJAYAKUMAR KOTA21 January 2020 at 08:24

    SIr,in form 16 of last column gross amount shown after deducting total exempted amount of section 10 or 16 of respective columns

    ReplyDelete
  28. shakingblogspot.com21 January 2020 at 23:40

    Sir it is Final for FY2019-20 ?

    ReplyDelete
  29. M.Kiran Kumar22 January 2020 at 23:55

    Sir, Good Software. Excuse me. it has got some mistake formula form 16 in Section U/S 10(14)(i) and Sec 10 for exemption PHC. Please it just change edit or remove.. Soon

    ReplyDelete
  30. M.Kiran Kumar25 January 2020 at 03:16

    Sir, Good software in updated. Thanking you Sir,

    ReplyDelete
  31. J.Praveen29 January 2020 at 01:14

    In IT DATA tab there is no PAN of the Deductor

    ReplyDelete
  32. sridhar sudhiredy29 January 2020 at 02:37

    80CCD
    Tax benefits availed under this section cannot be claimed under Section 80C (the combined deduction under Section 80C and Section 80CCD should not exceed Rs 2 lakhs per annum).E

    ReplyDelete
  33. sridhar sudhiredy29 January 2020 at 02:39

    a) Deductions under Chapter VI A
    i) CPS(NPS) --- u/s 80 CCD (1) PRAN No: (111000821465) ₹ 29,280
    ii) TSGLI Pol. No.( L1508940) ₹ 24,000
    iii) GIS ₹ 720
    iv) LIC Premium Deducted in Salary Savings Scheme ₹ -
    v) LIC Annual Premiums Paid by Hand ₹ 40,000
    vi) Children Tution Fee ₹ 10,000
    vii) Sukanya Samriddhi Scheme ₹ 25,000
    viii) PLI Annual Premuim ₹ 21,000
    ix) Any other deductable (u/s 80C) ₹ -
    x) 5 Years Fixed Deposits (or)above ₹ -
    Total deduction under section 80C, 80CCC and 80CCD(1) ₹ 150,000 ₹ 150,000
    b) Deduction other provision(s) of Chapter VI‐A
    i) EWF.SWF,CMRF ₹ 120
    ii) 80CCD(2)-Employer contribution to the Employee’s NPS Account ₹ 56,850
    iii) 80E-Interest on Educational Loan ₹ -
    iv) Housing Loan Interest-u/s 80EEA(loan in Apr-19toMar-20,stamp duty value<=45lakhs) ₹ -
    v) Gratuity ₹ -
    vi) 80G-Payments made to Electoral Trusts-100% ₹ -
    vii) 80D-Medical Insurance Premium-Self ,Spouse & Children ₹ -
    viii) Addl.NPS benefit u/s -80CCD( 1B) ₹ 27,570
    ix) Any other deductions ₹ -
    Total of amount deductible under other provision(s) of Chapter VI‐A ₹ 84,540 ₹ 84,540

    ReplyDelete
  34. sridhar sudhiredy29 January 2020 at 02:41

    150000+84540>2 lakshs this is my doubt sir

    ReplyDelete
    Replies
    1. VIJAYAKUMAR KOTA29 January 2020 at 20:22

      As per the section 80CCE the aggregate amount of deduction under
      sections 80C, 80CCC and Section 80CCD(1) shall not exceed Rs.1,50,000/-. The
      deduction allowed under section 80 CCD(1B) is an additional deduction in respect of
      any amount paid in the NPS upto Rs. 50,000/-. However, the contribution made by the
      Central Government or any other employer to a pension scheme u/s 80CCD(2) shall be
      excluded from the limit of Rs.1,50,000/- provided under this section.
      As per Section 80CCD(2), where any contribution in the said pension scheme is made by the
      Central Government or any other employer then the employee shall be allowed a deduction
      from his total income of the whole amount contributed by the Central Government or any
      other employer subject to limit of 10% [increased to 14% from financial year 2019-20 if the
      amount is contributed by the Central Government] of his salary.

      Delete
  35. Unknown30 January 2020 at 06:51

    SIR, PLEASE UNPROTECTED PASSWORD SEND ME SIR

    ReplyDelete
  36. satya30 January 2020 at 12:25

    Sir,
    I extend my heart felt thanks for making IT software and other software essential for Govt employees which has made things easy every year.

    ReplyDelete
  37. Faheem Siddiqui31 January 2020 at 07:18

    Good Evening Sir, It is Final Version? Please Reply

    ReplyDelete
  38. GUNDAGANI UPENDER6 February 2020 at 15:56

    Sir, Please Change Annexure -II, Employee School Name and DDO Office Name come in the same format

    ReplyDelete
  39. Unknown6 February 2020 at 22:08

    Sir, Please Change Annexure -II, Employee School Name and DDO Office Name come in the same format

    ReplyDelete
  40. Unknown7 February 2020 at 04:47

    Sir in form 16 the column of pan number of the deductor shows this PANNOTREQD please remove this and give an option for pan number oft he deductor in data sheet.
    thank you very nice software I am using your software from 2013-14. And I am very much thank full to you for your hard work.

    ReplyDelete
  41. Srinivas Resource zone9 February 2020 at 06:52

    This comment has been removed by the author.

    ReplyDelete
  42. VENU9 February 2020 at 16:49

    SIR, GOOD MORNING,
    Sir,
    my heart felt thanks for making IT software and other software.
    ANNEXURE I IS NOT SHOWING SALARY PARTICULARS OF FEB 2020.

    ReplyDelete
  43. Unknown10 February 2020 at 07:51

    DA is variation between your software calculating and treasure pay bill . How can i edit sir

    ReplyDelete
    Replies
    1. VIJAYAKUMAR KOTA12 February 2020 at 04:32

      Sir,new one download then check it.(DA variations occur due to WRONG selection of pay raised particulars after JULY 2018 like AGI,AAS SURRENDER LEAVES)

      Delete
  44. VENU10 February 2020 at 22:28

    Sir,
    IF I SELECTED AAS SCALE DATE, ANNEXURE I IS NOT SHOWING SALARY PARTICULARS OF FEB 2020.

    ReplyDelete
    Replies
    1. VIJAYAKUMAR KOTA12 February 2020 at 04:27

      sir ,there is option on right side of annexure-1 >>>after filling data then select 1 in filter dropdown list of anne-1

      Delete
  45. Unknown11 February 2020 at 08:26

    RESP SIR
    PLEASE PREPARE IT SOFTWARE FOR PENSIONER

    ReplyDelete
  46. gandla sreedhar12 February 2020 at 08:23

    sir mahabubnagar sto are not agree to deducted cps extra amount under 80CCD(2) i.e more than 150000 so kindly give me option to edit extra amount which is more than 150000

    ReplyDelete
    Replies
    1. VIJAYAKUMAR KOTA13 February 2020 at 22:28

      Sir,80CCD(2) AND 80CCD(1B) both two Sections are different.>>>>u/s 80ccd(2)employer contribution is fully allowed to deduction up to 10% salary whereas >>>u/s 80ccd(1B) Rs.50000/- allowed to deduction >>> excluding under section 80C OR 80CCE>>>>
      >>>DOWNLOAD INCOME TAX DEPT CIRCULAR FY 2019-20 FROM THIS PAGE SHOW TO YOUR STO>>>>>>

      Delete
  47. Unknown25 February 2020 at 22:53

    Sir please post Declaration form for No pan card to house owner

    ReplyDelete
  48. Srinadh reddy26 February 2020 at 23:46

    Sir, is HRA received in Surrender leave can be exempted from HRA exemption under section 10(13A)

    ReplyDelete
  49. P Sudheer11 March 2020 at 09:43

    Is this IT Software useful to pensioners or not?
    give reply sir

    ReplyDelete
  50. Unknown22 December 2020 at 17:13

    Sir,
    I am S.Srinivasa rao Head Master of A.K.T.P.MPL.CORP.HIGH SCHOOL, VIJAYAWADA, A.P. Our sachool is the biggest strength school in A.P...We have 1762 students in our shcool with 60 teaching factulty..We are using the softwares of all related to our schools which are given by you..We are very much thankful to you sir on myself and onbehalf of our staff our school.
    We require IT submission for 20-21 FY. We have 2 ways of caliculations..First one is with some exemption, and the second one is with out exemption. we require the second option software also. some of our teachers asking the second option alongwith first option,
    Thanking you sir,
    S.Srinivasa Rao

    ReplyDelete
  51. Ahmed3 January 2021 at 04:07

    SIR IN 2020-2021 IT SOFTWARE ENHANCEMENT OF GPF AND GLI COLOUM IS NOT CHANGING. INSTEAD PAN NO DISPLAYING.

    ReplyDelete
  52. venumadhav3 January 2021 at 21:53

    GOOD MORNING Sir,
    thanks for making IT software and other software.
    please statement sheet correction free cheyandi

    ReplyDelete
  53. bangaram17 January 2021 at 06:26

    Sir Where i can enter the details of TSGLI(L) also GPF(L)

    ReplyDelete
  54. Anonymous6 February 2023 at 04:53

    Good evening sir, how to modify date in bottom of 12 BB & FORM 16 page 2 (01/012011). Thank you sir

    ReplyDelete

Subscribe to: Post Comments (Atom)