ecostattheader

Suggestions and Complaints

276. Madhusudanadas T N -
Online Pay fixation കൂടി ഉള്പ്പെടുത്തുമെങ്കില് നന്നായിരുന്നു.
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.
277. 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.
278. 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.
279. 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.
280. 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.
281. Sheethal S -
പോലീസ് വകുപ്പില്‍ uniform Allowance ആയി നല്‍കുന്ന തുകയില്‍ 5000/- രൂപ [u/s 16(ii)] conveyance allowancee ടാബില്‍ deduction കൊടുത്തിട്ട് amount കുറഞ്ഞു വരുന്നില്ല . 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.
282. Navaz N A -
Ecosttat വളരെയധികം ഉപകാരപ്രദമായ software ആണ്, tax calculete ചെയ്യുന്നത് ഇത് ഉപയോഗിച്ചാണ്, ടീമിന് നന്ദി പറയുന്നു ഇതുപോലെ pay fixation software ഉടൻ ഉണ്ടാകുമോ
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.
283. 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.
284. 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 ).
285. 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.
286. abhishek -
I have NPS contribution and the same is reflected in tax statement, but in the 12 BB form it is not reflected.
ecostatt
Query you raised will be checked and the required changes will be made immediately.
ecostatt
Sir, The issue has been solved. Please check.
287. Pradeep -
Sir, Rent deduction is not working in Old scheme. What is the reason
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. Hope, it's now clear.
288. RAGUNATHAN R -
Provision for Employer Details not found in Basic Data Page (Income Tax)
ecostatt
Sir, We have tried to simplify the whole process. So, only inevitable data has been included. We can surely think of a change in the future.
289. Shibu A S -
In 10 E table it seems that there is some mistake. As per 2015-16 tax rate for taxable income 567050 tax should be 33228 ( as shown in ITR Acknowledgement, but tax calculated in 10 E table is 39562, similarly 2017-18, for income 777220 tax is 56922 but 10 table shows 69982. please rectify if possible
ecostatt
Dear sir, The issue you raised have been noted. It will be checked immediately and you will be informed once the error (if any) is rectified. Your kind patience is appreciated.
ecostatt
Sir, We have checked your query, but we cannot find a mistake in our calculation which is given below. If you are a below 60 year old individual resident, for the year 2015-16, tax calculated for Rs. 5,67,050/- is Rs 39,562/- and for the year 2017-18, tax calculated for Rs 7,77,220/- is Rs 69,982/-. You can recheck manually and if you again think there is an issue, please feel free to contact us.
290. Sunil Kumar A S -
Sir please add year 19-20 in 10E CALCULATION
ecostatt
Sir, It's already included. Please see the Form 10E Calculation 2020-21
291. SALMAN -
Currently, the users don't have an option to compare the old scheme and the new scheme. after entering all the details in the old scheme, if we switch to new scheme and then we come back to the old scheme, all entered deduction details in the old scheme are gone and we need to enter it again.
ecostatt
Thanks for your comment. The required changes will be made soon. For the time being, First, enter the details in the new regime and then, if required, fill in the old regime details.
ecostatt
Hello sir, We are very happy to inform you that the issue you pointed out has been rectified. Now you can switch between the old and new regime without losing the data at any point. So, from now on, you can compare the two regime and choose the appropriate one.
292. Ronald -
Sir, please change the year 2021 to 2020 in the month of December 2020 for tax calculation, it is wrongly given as December 2021
ecostatt
OK. Thank you for your information.
ecostatt
Corrected.
293. Praveen -
Income Tax calculation for FY 2020-21 does not provide the option of entering deduction for contribution towards NPS ( National Pension Scheme). This is the only figure which can be deducted in the new scheme
ecostatt
Thanks for your valuable feedback. As far as the new tax regime is concerned, the NPS contribution done by the employer can only be shown in the deductions (not the amount paid by the employee). But that contribution amount (by the employer) should also be shown in the income. That is, the net effect might not make any difference in most of the cases in the final income tax calculation. Anyway, we have to look into the matter much more. But of course, if you insist, we can make changes in the software.
294. Rajasekharan -
Sir, I am a pensioner and we are receiving the pension for march in that month itself. So we should file incometax returns from April onwards every financial year. Can you please make the necessary changes in the software?
ecostatt
We have already made necessary changes in the software. Pensioners can enter the income details from April to March. There is a separate link for printing tax statement from April month onwards.
295. Sajeev Kalpetta -
Sir, while selecting Income tax slab 2020-21, the deductions are not showing. What is the reason?
ecostatt
From 2020-21 financial year onwards, there are two income tax slabs namely 'Old Slab' and 'New Slab' from which we can select any one of them. In 'New Slab', there will not be any type of deductions including standard deduction, but the tax rates will be comparatively low. However, for most of the employees, selecting the 'Old Slab' might be more beneficial. Select 'New Slab', only if you have no deductions and a gross income greater than 5 lakhs.