Suggestions and Complaints of ecostatt.com

251. jsltvm -

while calculating Anticipatory Income tax statement for 2021-2022,the calculation for deducting HRA (for Employees who are living in rented house) is showing wrong data. ie if we enter actual rent and salary(Basic=DA) we get wrong data. 40% of salary will be high,but is showing very very less amount. pls check it seriously

ecostatt

Sir, The total rent paid cannot be deducted. For rent deduction, first, the following 3 calculations are made. (i) Actual HRA Received the year (ii) Actual rent paid in excess of 1/10 th of the salary (iii) 40% of the salary. And only the lesser amount among the three is deducted.

252. Rakesh -

Please update 11th pay revision to calculate pay revision arrears

ecostatt

The work of 11th pay revision is under progress. But unfortunately, due to time constraints, the arrear calculation module cannot be done now and that may kindly be pardoned.

253. Dipin -

13. Remaining Contribution to NPS (Max: Rs.50,000) - Anticipatory income tax calculator-à´²àµ† à´®àµà´•à´³à´¿àµ½ à´ªà´±à´žàµà´žà´¿à´°à´¿à´•àµà´•àµà´¨àµà´¨ 13 à´¨à´®àµà´ªàµ¼ entry à´•àµŠà´£àµà´Ÿàµ à´‰à´¦àµà´¦àµ‡à´¶à´¿à´•àµà´•àµà´¨àµà´¨à´¤àµ 80CCD (1b) à´ªàµà´°à´•à´¾à´°à´‚ claim à´šàµ†à´¯àµà´¯à´¾àµ» à´•à´´à´¿à´¯àµà´¨àµà´¨ deductions à´‰àµ¾à´ªàµà´ªàµ†à´Ÿàµà´¤àµà´¤àµà´¨àµà´¨à´¤à´¿à´¨à´¾à´£àµ‹.

ecostatt

Yes

254. Dipin -

please include 10 E form for calculating relief arrear during 2020-2021, and Section 80CCD (1b) colum in Anticipatory income tax calculator for the financial year 2021-22. Section 80CCD (1b) specifically deals with contributions made by an individual (employee or self employed) to pension schemes as notified by the central government. This section provides additional deduction of Rs 50,000 over and above 80C limit of Rs 1.5 Lakh. Which mean an individual can claim total deduction of Rs 2 lakh by making investments in 80C and contribution for national pension scheme u/s 80CCD (1b)

ecostatt

Sir, it's already included in the software. Please have a second look and inform us for errors, if any.

255. SreelalR -

Please provide 10E for 2021-22

ecostatt

Sir, very soon, the software will be updated accordingly.

ecostatt

The work of Form 10E calculation is now complete and the same has been updated in our software. Please have a look and inform us for errors, if any.

256. UNNIKRISHNAN R -

plz include form 10E calculation in anticipatory 2021-22

ecostatt

Sir, it's under processing and the software will be updated accordingly.

ecostatt

As requested by many members, the Form 10 E calculation has been included in our software. Please try it and inform us if any errors are noticed. Thanks.

257. DEEPIKA KUMARY A -

please include the anticipatory it 2021-2022 too.

ecostatt

Sir, it will be included on 14/3/2021.

258. Dr. Mini Sacharias -

could you please provide the Pay revision 2016 details of UGC/AICTE scale

ecostatt

Sir, now we are busy with the activities of pay revision 2019 and it will be considered later.

259. SALEEM C P -

I am a salaried employee and having Income from house property (Rent received on let out ) how I can show my Income from house property

ecostatt

Income from house property can be shown as "Any other income".

260. Department test previous question -

ecostatt

Already there. Please have a look.

261. PRATHEESHKUMAR -

ecostatt

In order to simplify the whole process, we just included the essential details. You can take a print out and add the additional details in writing. But in the future, we will surely try to add more if needed.

262. Muhammed Afsal K -

Besides 80g, there is a 50k deduction for employees comes under nps scheme I think.

ecostatt

Provisions for both type of deductions are given in the software. Please have a look.

263. ragu -

congratulations for the good work, keep going....

264. SREEPATHI M S -

I NEED 2017-2018 INCOME TAX CALCULATOR

ecostatt

Sorry, currently we are having income tax calculator from 2018-19 onward only.

265. Anand -

The Mediclaim amount is capped at 25000, but the calculator takes whatever amount we give, even if it is more than 25000. Necessary updation may be made to show the actual amount given and the eligible amount (as shown in the total under sec. 80 C)

ecostatt

You are right sir, but if the person is a senior citizen, mediclaim amount can be upto Rs. 50,000/-

266. Madhusudanadas T N -

ecostatt

From 2014 pay revision onward, there will not be an option to fix the pay. New pay and allowances will be automatically updated in spark from April 1 onward. So there is no need to develop a separate module.

267. Janardhanan V -

Sir , There is no deduction head for 80 TTB

ecostatt

Now, we haven't included blank rows to add the deductions not mentioned in the software. It will be rectified in the coming year. For the time being, you can enter the data in any of the deduction columns that doesn't belongs to you and after taking the print out, you can manually correct the printed item with yours.

268. Mini -

In interest of housing loan, maximum limit is seen as Rs.3.5 lakhs in your calculator. In Income Tax site it is seen as Rs.2 lakhs. Is this an error? Other deductions under sec 80c exceeds Rs.1.5 lakhs.

ecostatt

You are absolutely right sir, as per rules, the interest on housing loan is limited to 2 lakhs. But some relaxations are given in some exceptional cases. That's why, we have not given a limit in our software. The 80C deduction amount will not exceed 1.5 lakhs.

269. Helenmary -

How to edit tax calculation once entered

ecostatt

The data entered will always be in the editable format. So, if you need any corrections, just edit the required columns and click calculate. That's enough.

270. Sanimol -

Sir How to deduct hilltract allawance from salary u/s rule 2BB.

ecostatt

Sir, Hill tract allowance is an income and should be shown in the gross income. But, it cannot be shown in the deductions part.

271. Sheethal S -

à´ªàµ‹à´²àµ€à´¸àµ à´µà´•àµà´ªàµà´ªà´¿à´²àµâ€ uniform Allowance à´†à´¯à´¿ à´¨à´²àµâ€à´•àµà´¨àµà´¨ à´¤àµà´•à´¯à´¿à´²àµâ€ 5000/- à´°àµ‚à´ª [u/s 16(ii)] conveyance allowancee à´Ÿà´¾à´¬à´¿à´²àµâ€ deduction à´•àµŠà´Ÿàµà´¤àµà´¤à´¿à´Ÿàµà´Ÿàµ amount à´•àµà´±à´žàµà´žàµ à´µà´°àµà´¨àµà´¨à´¿à´²àµà´² . pls rectify

ecostatt

Let's check it out.

ecostatt

Sir, The issue you pointed out has been rectified. Thanks for your kind information. Expect the same in the future too.

272. Navaz N A -

ecostatt

Thanks for your compliment. But from pay revision 2014 onwards, there will not be an option to fix the pay. New pay and allowances will be automatically updated in spark from April 1 onwards.

273. RAGHUNATH T -

Sir, Couldnt see the provision to enter details about housing loan. Expect reply soon.

ecostatt

It's actually there. Please make sure you haven't selected the new regime.

274. BRIJESH.B -

Income Tax calculation for FY 2020-21 does not provide the option of entering deduction for contribution towards Sukanya Samridhi Yojana.(80 C)

ecostatt

It's given as SL No.13 in 80C ( 13. Five year Time Deposit in Post Office ).

275. Rajendran Kuttikkadu -

Please verify the standard deduction of Rs 50000/- is eligible for employees having taxable income more than Rs 5 lakh in 2020-2021 Tax calculation

ecostatt

All salaried employees who choose old tax regime are eligible for standard deduction irrespective of their income. But those who go for New regime will not get the benefit of standard deduction.