Income tax form 16 assessment year 2015-16 pdf

If youre awarded a current year income assessment, well use your finalised 201516 household income to work out how much the student can get if they apply for funding based on household income in the 201617 academic year. This income tax return form is not applicable for an individual or a hindu undivided family whose total income for the assessment year 2015 16, includes the income from business or profession. Last updated on name and address of the employer name and address of the employee. Jul 01, 2015 the new itr income tax return form has been released by the department of income tax for the financial year 201415, which typically corresponds to the assessment year 2015 16. Details of your salary gross salary, incentives or perks, deductions, net salary. Itr 1 sahaj in excel for ay 201516 with auto fill function. Filing of income tax return for assessment year 2015 16. An individual who is a chargeable person for the purposes of income tax selfassessment should complete a form 11 tax return and selfassessment for the year 2015. Jul 01, 2014 the tds as per your form 16 must tally with the figures in the form 26as. Itr forms previous years with excel formulas finotax. Thank u income tax department and government of india. Form 16 is basically a certificate that employers issue to their employees. Upload form 16 and file your income tax return myitreturn. The new income tax return forms being recently notified for assessment year 201516, filers can do an easy check of their annual tax liability on.

The new itr income tax return form has been released by the department of income tax for the financial year 201415, which typically corresponds to the assessment year 201516. Income tax forms for assessment year 20142015 is released by income tax. Use online tax calculator to file income tax return for. Jun 08, 2014 income tax forms for assessment year 2014 2015 is released by income tax department. There are automatically calculated and show about payable advance tax for period to period. This income tax return form itr3 is not applicable for an individual whose total income for the assessment year 2015 16 includes the income from business or profession under any proprietorship. This is easy to use excel utility, in which you can prepare.

Most of the information contained in the form 16a is available in the form 26as hence less people ask for form 16a now a days. Jun 22, 2015 the due date for filing of income tax return is 31st july, 2015 as per income tax act. An individual with a paye source of income and with total gross income from all nonpaye sources including income subject to dirt, of 50,000 or more is regarded as a. If youre sending a tax return for the 2015 to 2016 tax year or earlier, get forms from the national archives. If an assessee is employed under more than one employer during the year, each of the employers shall issue part a of the certificate in form no. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. These forms are for physical filing of income tax returns in paper form. In 2014, income tax department has identified additional 22,09,464 nonfilers who have done high value transactions. For individuals being a resident other than not ordinarily resident having. This is carried out during a period known as tax season, which is the period during which tax returns can be obtained and submitted for assessment. Tools calculate your income tax automatically and show payable tax with educational cess. Itr1, itr2 and other income tax returns for the income tax assessment year 201516 financial year 201415 were originally notified in the month of april 2015. Log on to efiling portal at if you are not registered with the efiling portal, use the register. This excel utility is prepared for preparation of income tax return itr 1 for the assessment year 201516.

Various examples of calculation of income tax learn accounts. For income tax purpose citizens above age of 60 are considered as senior citizens and above age of 80 are considered very senior citizens. Return forms for assessment year 201516 income tax. The new itr forms in pdf format are now available on income tax departments website. The tax return form and notes have been added for tax year 2018 to 2019 and the self assessment returns address for wales has been updated. Cbdt has prescribed various types of income tax returns viz. To register the claim, you are required present the medical certificate indicating the disability along with the return of income certificate according to section 9 for the pertinent year of assessment.

Income tax return e filing application form online. Income tax calculator for financial year 201516 assessment year 201617 in excel format attached is the income tax calculator with flexi. Income tax slab for fy 201516 ay 201617 there is no change in income tax slabs except additional 2% increase in cess for super rich i. Assessment year 201516 income tax slab rates for 1. Efiling income tax returns with itr forms of assessment. Form 4s can be used by individuals or huf whose total income for the assessment year 201516 includes business income where such income is computed in accordance with special provisions referred to in section 44ad and 44ee of the act for computation of business income or. However, you may use these forms as an aid for efiling of your return. Income tax return e filing application form online download. Filing of income tax return for assessment year 201516 cakart.

Excel auto salary tds certificate in form 16 ay 201415 abcaus excel form 16 for ay 2015 16 fy 201415 click here under section 203 of income tax act, 1961, every employer whether in government sector or in private sector, is required to issue in form 16, a certificate for tax deducted at source tds from salary. Since income for any particular financial year is evaluated and taxed in the assessment year, income tax return. Itr1, itr2 and other income tax returns for the income tax assessment year 2015 16 financial year 201415 were originally notified in the month of april 2015. Income tax slab rates assessment year 201516 accounting.

Calculate the income tax liability for financial year 201415 assessment year 2015 16 if the tax payer is. Under the download menu click on income tax return forms and choose ay 201415 for financial year 2014. Filing of income tax return for ay 201516 new initiatives. Income tax return for financial year 2014 for period 1 st april 20 31 st march 2014. For assessment year 2014 2015, every person not being a co. Now i received a letter from the income taxdepartment to comply with stating that transactions are showing in form 26as. I am giving below a table showing applicability of itr forms for various heads of income. Sir, i could not filed itr for the ssessment year 201516. Apr 16, 2019 tds form 16 in excel with autocalculation formulas free download tds form 16 in excel for ay 201920, ay 202021 revised format as per notification g. For assessment year 2015 2016, every person not being a co. Itr3 is applicable for assessment year 2015 16 only, i. Section 80u income tax deduction under section 80c. An individual who is a chargeable person for the purposes of income tax self assessment should complete a form 11 tax return and self assessment for the year 2015. The new itr forms 1, 2 and 4s were notified for the assessment year 201516 vide said notification.

After the financial year is over as on 31st march, the next job is to obtain form 16 or so from employers and others and file income tax return on or before due. Itr3 is applicable for assessment year 201516 only, i. Filing of income tax return for assessment year 201516. The income tax return applicable to individuals is known as the itr12 form. Excel tds form16 automatic certificateay 201516 download. Form 4s can be used by individuals or huf whose total income for the assessment year 2015 16 includes business income where such income is computed in accordance with special provisions referred to in section 44ad and 44ee of the act for computation of business income or. This income tax return form itr3 is not applicable for an individual whose total income for the assessment year 201516 includes the income from business or profession under any proprietorship. Each itr form is available in an excel file containing.

Various examples of calculation of income tax learn. Tds form 16 revised in excel with tax calculation formulas. Form 16a is also given by the tax deductor and content of the same can be cross verified with the form 26as. Automatic form 16 cum income tax calculator for salaried person in excel format for financial year 201415 assessment year 201516. Employers are expected to issue form 16 to their employees every year by the 15th of june of the following year. Jun 29, 2015 the new income tax return forms being recently notified for assessment year 2015 16, filers can do an easy check of their annual tax liability on a new computerbased calculator launched by the. Check here the tds rate chart for income other than salary for fy 2015 16. For example, if the financial year is 201516, then the assessment year is 201617. Download income tax form 16 certificate of tax deducted at source tds in excel auto format for financial year 201415 assessment year. Calculate the income tax liability for financial year 201415 assessment year 201516 if the tax payer is.

While filing the return care should be taken to ensure that you select correct income tax forms. Form 11 2015 tax return and selfassessment for the year 2015. The new itr forms 1, 2 and 4s were notified for the assessment year 2015 16 vide said notification. Itr1 sahaj income tax return 1 form is essential for filling the income tax returns with the income tax department of india at the end of every financial year. Income tax rates for fy 201516 ay 201617 for all categories. After the financial year is over as on 31st march, the next job is to obtain form 16 or so from employers and others and file income tax return on or before due date i. Tds form 16 in excel with autocalculation formulas free download tds form 16 in excel for ay 201920, ay 202021 revised format as per notification g. Excel auto salary tds certificate in form 16 ay 201415 abcaus excel form 16 for ay 201516 fy 201415 click here under section 203 of income tax act, 1961, every employer whether in government sector or in private sector, is required to issue in form 16, a.

Employers are expected to issue form 16 to their employees every year by. Income tax return has to be filed by an individual who has total taxable income exceeding rs. For most of you only itr form nos 1, 2 and 2a will be applicable. Also last year after filling itr my refund got deposited in bank account within 5 working days. Assessment year 2015 16 income tax slab rates for 1. Excel tds form16 automatic certificateay 201415 download. This excel utility is prepared for preparation of income tax return itr 1 for the assessment year 2015 16.

It contains all the details required to prepare your income tax returns and file them. Jul 19, 2019 the new format will allow the tax department to view a detailed break up of the income and tax breaks claimed by a salaried person. Jul 07, 2014 the tax return form and notes have been added for tax year 2018 to 2019 and the self assessment returns address for wales has been updated. My it returns for the last 10 years ever since this was conceived. This is easy to use excel utility, in which you can prepare the itr 1 form for filing the hard copy with the department. Summary of total income and tax deduction throughout the year. The cbdt has notified a new format for form 16 the salary tds. This income tax return form itr2 is applicable for assessment year 2015 16 only, i.

For individuals other than female taxpayers, senior taxpayers of 65 years and above, retarded taxpayers and gazetted warwounded freedom fighter, income tax is payable for the on first upto tk. Download the income tax return itr form applicable to you. Income tax forms for filing income tax return for assessment year 20152016. Income tax department has issued the updated schema for itr 1 sahaj income tax return 1 for assessment year 201415 i. As per the changes notified, form16 issued by an employer will have to specify the nature of taxexempt allowances paid to the employee. However, tax payers from various quarters represented that the income tax return for the financial year 201415 is too complex and especially in respect of itr2 income tax return. Income tax returns application form download itr online e.

Year after year, i can find that the experience of using this website is becoming better and better. These changes came into effect from the year 201516. In 20, income tax department issued letters to 12,19,832 nonfilers who had done high value transactions. Itr for assessment year 201516 not filed income tax forum. Income tax calculator for assessment year 201516 and 201617. Jul 15, 2015 itr forms for assessment year 2015 16 fy.

Form 16 income tax calculator for fy 201415 ay 201516. The rule 12 of the incometax rules was amended vide notification no. Income tax return forms for assessment year 201516 guide. For individuals, hufs and firms other than llp being a resident having total income upto rs. There are two components in form 16 part a and part b. Sfe current year income form 1516 student loans company. The new format will allow the tax department to view a detailed break up of the income and tax breaks claimed by a salaried person. Income tax forms for assessment year 20152016 is released by income tax department for assessment year 20152016, every person not being a co. Income tax return forms for assessment year 201516. Form 16 how to fill form 16 with example bankbazaar. Apr 18, 2015 income tax forms for assessment year 2015 2016 is released by income tax department.

The forms for different categories have been neatly classified in the new itr form. Efiling income tax returns with itr forms of assessment year. Check here the tds rate chart for income other than salary for fy 201516. If your exempt income exceeds rs 5000 then you are not eligible for the itr 1 sahaj. Form 11 2015 tax return and selfassessment for the year. I have tried to present this complex issue in a very simplified but comprehensive format. With the new income tax return forms being recently notified for assessment year 2015 16, filers can do an easy check of their annual tax liability on a new computerbased calculator. The rule 12 of the income tax rules was amended vide notification no. The due date for filing of income tax return is 31st july, 2015 as per income tax act.

Download income tax form 16 certificate of tax deducted at source tds in excel auto format for fy 2014 201415 ay 201415 201516. Some documents are required to file the income tax returns like form 16, form 16a, interest certificate from bank or other financial institutions etc, presently only pdf files of itr forms for assessment year 201516 are available to submit manual return and. If your income will fall by a further 15% in 201617, you can apply for a further current year income assessment. With the new income tax return forms being recently notified for assessment year 201516, filers can do an easy check of their annual tax liability on a new computerbased calculator.