Comments on: Income Tax Calculator 2008-2009

By: Income tax retun

Income tax retun — Fri, 13 May 2011 11:15:48 +0000

Thanks for sharing a great article on income tax return.

By: K.M.Kurdekar

K.M.Kurdekar — Mon, 21 Feb 2011 23:50:31 +0000

I have completed 65 years age in Nov’2010. Can I calculate Income tax rebate as per Senior Citizen, during submission of IT return ,for financial year ending March 2011 ( Assessment yr. 2011-2012 )

By: K.M.Kurdekar

K.M.Kurdekar — Mon, 21 Feb 2011 23:49:12 +0000

I have completed 65 years age in Nov’2010. Can I calculate Income tax rebate as per Senior Citizen during submission of IT return ,for financial year ending March 2011 ( Assessment yr. 2011-2012 )

By: K.M.Kurdekar

K.M.Kurdekar — Mon, 21 Feb 2011 23:41:44 +0000

I have completed 65 years age in Nov’2010. Can I claim Income tax rebate as Senior Citizen for financial year ending March 2011 ( Assessment yr. 2011-2012 )

By: rvvryali

rvvryali — Wed, 02 Feb 2011 10:32:26 +0000

I am 65 years as on 6-8-2010. Can I calculate the income tax for this financial year 2010-2011(Assessment year 2011-2012) as per the income tax rules related to senior citizens?

By: Federal Tax Extension

Federal Tax Extension — Wed, 31 Mar 2010 09:04:58 +0000

Good article regarding Tax Return calculator and i think it’s a really useful for US people and people are looking for free tax return calculator.

By: vijay

vijay — Sun, 14 Mar 2010 17:20:03 +0000

dear sir my mother is a retired employee age 62 years and total income 140000 coming from bank deposits.she submitted returns when she was in job.for last two years she did not submit any returns.IS is cumpulsary to submit returns.

By: Deb

Deb — Sat, 13 Mar 2010 11:12:10 +0000

I want to get relief under section 89(1) by showing my this years arrear into previous year. While calculating, a question has arised. While calculating Tax without taking the arrera into account, whether the differential P tax and P.F. of the arrear to be deducted from Gross or not.
Tax with Arrear: Gross (12month’s Salary) + Gross Arrear – P.Tax (arrear) – P Tax (12month’s salary) – 80C savings – std Deduction.

Tax without arrear:
Method A
Gross (12month’s Salary) – P.Tax (arrear) – P Tax (12month’s salary) – 80C savings – std Deduction
Method B
Gross (12month’s Salary) – P Tax (12month’s salary) – 80C savings – std Deduction

I want to know Method A or Method B whichever is correct.
Please help me with yu rvaluable suggestions.

By: love kumar

love kumar — Mon, 15 Feb 2010 05:01:10 +0000

SEEMA :Please let me know what is the age limit for senior citizen : 60 or 65 years

65 years

By: love kumar

love kumar — Mon, 15 Feb 2010 05:00:10 +0000

65 years@SEEMA