Compute your Tax Liability

Compute your Tax Liability

Step 1 : Go to http://law.incometaxindia.gov.in/DIT/Xtras/taxcalc.aspx link for Tax - This calculator helps you to calculate your tax liability based on your taxable income.

Step 2  : Select assessment year

Step 3  : Select type of Assessee  ( INDIVIDUALS,HUF, AOPs/BOIs FIRMS, DOMESTIC COMPANIES,FOREIGN COMPANIES, CO-OPERATIVE SOCIETIES

Step 4  : Select Income of Individuals as Resident, FemaleResident, Senior Citizen (60 years or more but less than 80 years), Resident - Very Senior Citizen (80 years or more) or Any other

Step 5  : Enter net income

Step 6  : Click on Compute Tax Liability button. Income tax details will be displayed below.