| 251. Dr. Sunoj B S - 08/09/2021, 13:27:45 |
| Purchased Immediate pension plans from LIC, HDFC and ICICI worth Rs 900000/- (One Time Payment) during the Financial Year 2021-2022. I have entered the whole amount in the box (Payment to Annuity Plan of Pension fund like LIC), then calculate anticipatory income tax for the FY 2021-2022. The whole amount is deducted from the Gross Income. Is that true. If it is true , kindly mention the Rule under which it is deducted. |
| ecostatt |
| Sir, Will check and let you know. |
| ecostatt |
| Actually, this comes under 80C and the maximum limit is Rs 1,50,000/-. Necessary changes will be made in the software shortly. |
| 252. Pramod K V - 08/09/2021, 07:06:09 |
| 69. For the purpose of family pension, family does not include
A unemployed married daughter above 25 years of age
B disabled divorced daughter
C widowed disabled daughter
D unmarried daughter above 25 years of age
You are Wrong
Correct Answer : unmarried daughter above 25 years of age
Suggestion- As per Rule 90 (e)of KSR III right answer is Unmarried daughter above 25 years is a family member
I humbly request you to correct |
| ecostatt |
| Thanks for the feedback, will check and corrections needed, if any, will be made |
| ecostatt |
| What you said is absolutely right. Corrections have been made accordingly. Thanks for your valuable feedback. |
| 253. biju - 19/08/2021, 15:24:36 |
| where is income tax calculation for 2021-22 |
| ecostatt |
| Sir, See the menu : Income Tax -> Anticipatory Tax Calculator 2021-22 |
| 254. bineesh uv on 10/8/21 - 10/08/2021, 12:22:34 |
| pan of the deducter ,tan of the dedudter ,verification and name and the adress of the employer / disbursing officer not displayed in form16 |
| ecostatt |
| Sir, 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. |
| 255. RENJU - 01/08/2021, 01:34:11 |
| In anticipatory income tax calculation for financial year 2021-22,only 7 months ate remaining from August to February 2022.But here balance tax is calculated for remaining 8 months, Kindly reply |
| ecostatt |
| Sir, Remaining months are calculated automatically and the same is updated in the software after the 5th day of every month. |
| 256. Departmenal test - 28/07/2021, 22:19:53 |
| department test answer should displayed after submit and finally get mark displayed |
| ecostatt |
| The answers and marks are displayed in this format, already. |
| 257. sijith - 30/06/2021, 16:21:15 |
| pls remove the post of 2 directors from the promotion chances because these are abolished from our department. now we cannot correctly identify our promotions from research officer to next higher post because of these posts in ecostatt.com. |
| ecostatt |
| "Promotion Chances" module is being updated and the said issues will be resolved immediately. |
| 258. Ansari K - 14/06/2021, 16:49:45 |
| sir,
while calculating Anticipatory income tax for FY 2021-22, Mediclaim in Deduction details No.4 explains ( Maximum of Rs. 25000+parents Rs.25000/30000). suppose I have a mediclaim of Rs. 20000/- and My parents including me have another mediclaim of Rs. 30000/-.My doubt is that whether Rs. 50000/- ( 20000 + 30000 ) can be deducted from my gross salay , if not which amount can be deducted from my gross salary? |
| ecostatt |
| Yes, Rs. 50,000/- can be deducted. |
| 259. Ansari K - 11/06/2021, 15:32:28 |
| My taxable income for FY- 2020-21 is Rs.395000/-.A balance of Rs. 104999/- can be accounted without Income tax for FY- 2020-21.Taxable income in Anticipatory statement for FY 2021-22 is Rs.896980/-.Out of which Rs.180749/- is the arrears of DA and deferred salary. Arrears taken for each financial year for the preparation of 10E.Amount in split statement for FY 2020-21 is Rs.136964/-( Arrears of DA- Rs.75038/- + deferred salary- Rs.61926/- ). My doubt is that " whether it is possible to account Rs. 104999/- out of Rs.136964/- instead of Rs.136964/-" in FY 2020-21 for 10 E calculation? |
| ecostatt |
| No, in 10E calculation, you should account the full amount (Rs. 1,36,964/-) for the FY 2020-21. |
| ecostatt |
| Arrears of DA and deferred salary that we are getting this year are income for this year itself and should be shown in this year. But actually, the Arrear DA corresponds to the FY 2018-19, 19-20, & 20-21 and deferred salary to the FY 2020-21. So in 10 E, these split ups should be shown in the tax calculation for the corresponding year itself along with the taxable income for that year. |
| ecostatt |
| Important Note: Form 10E should be calculated only after calculating the tax for the FY 2021-22. |
| 260. Delson Johny - 30/05/2021, 13:01:39 |
| How to create promotion chances in blog details please
Health services
[email protected]
9809776151 |
| ecostatt |
| Sir, The details are sent to your Mail ID |
| 261. ANITHA - 25/05/2021, 20:22:49 |
| Not received statement form |
| ecostatt |
| Try once again. |
| 262. james. A. P - 25/04/2021, 14:35:35 |
| All. Test. Papers. Not. Available |
| ecostatt |
| Sir, What is the problem ? |
| 263. Anand - 14/04/2021, 10:53:10 |
| sir please provide 11 th pay revision arrear calculator |
| ecostatt |
| Sir, The pay revision work is under progress. But unfortunately, due to time constraints, the arrear calculation module cannot be done now. |
| 264. Joji george - 31/03/2021, 07:50:48 |
| You include 2 blank space to add for the FY 2021-22 and not for this year. Subsequently calculations in some departments is from April to March salary or pension .the space is from March to feb. |
| ecostatt |
| For this year, 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. Pensioners can enter the income details from April to March (in March-Feb column). There is a separate link for printing tax statement from April month onwards. |
| 265. Departmental Test - 30/03/2021, 16:28:09 |
| Sir
Please add
ACCOUNT TEST FOR PWD LOWER AND HIGHER |
| ecostatt |
| Sir, Please check the already added account test for PWD. If you find something missing, do inform us with details. |
| 266. haysam - 29/03/2021, 14:09:07 |
| i can not find warranty tab to register my devices |
| 267. Joji george - 27/03/2021, 09:07:41 |
| Where to enter interest on deposits and it’s exemption of 80TTB .No space for showing commission etc and its TDS decked which is 7% |
| ecostatt |
| Income can be shown under "Any Other Income" section. As far as deductions part is concerned, 2 blank rows each are given for 80 C and other than 80C, in which you can add anything not specified in the existing sheet. |
| 268. anil - 26/03/2021, 21:40:32 |
| 2021-22 new regime/old reg
10e calculation is not change in both regime shows same in both
select new regime 10e for new is correct and old regime wrong (shows both same)
select old regime 10e old regime is correct and new regime wrong (,,) |
| 269. jsltvm - 26/03/2021, 10:43:45 |
| sir, pls upload new anticipatory income tax calculation for 2021-2022 if there is any mistake in given anticipatory income tax calculation for 2021-2022 |
| 270. jsltvm - |
| for example ,Assume an Employee have a Basic Pay of Rs.62200 ,Then his DA (@7%) will be Rs.4354. Then Salary will be (Salary=Basic+DA) Rs.66554 . He is paying rent of Rs.9000/- .As per your replay regarding Rent Deduction:-
(i) Actual HRA (Rs.6220) Received the year-6220*12=74640
(ii) Actual rent paid in excess of 1/10 th of the salary= (9000*12)-(66554*12*.1)=RS.28135
(iii) 40% of the salary=66554*12*.4=Rs.319459/-
in this example condition 2 is the lowest. But as per your Anticipatory calculation i am getting a wrong Amount. Pls try with this example. and check the Anticipatory Income tax statement for 2021-2022 calculation |
| ecostatt |
| OK. Sir |
| 271. 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. |
| 272. 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. |
| 273. Dipin - |
| 13. Remaining Contribution to NPS (Max: Rs.50,000) -
Anticipatory income tax calculator-ലെ à´®àµà´•à´³à´¿àµ½ പറഞàµà´žà´¿à´°à´¿à´•àµà´•àµà´¨àµà´¨ 13 നമàµà´ªàµ¼ entry കൊണàµà´Ÿàµ ഉദàµà´¦àµ‡à´¶à´¿à´•àµà´•àµà´¨àµà´¨à´¤àµ 80CCD (1b) à´ªàµà´°à´•à´¾à´°à´‚ claim ചെയàµà´¯à´¾àµ» à´•à´´à´¿à´¯àµà´¨àµà´¨ deductions ഉൾപàµà´ªàµ†à´Ÿàµà´¤àµà´¤àµà´¨àµà´¨à´¤à´¿à´¨à´¾à´£àµ‹. |
| ecostatt |
| Yes |
| 274. 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. |
| 275. 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. |
