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Income Tax Department Unveils Suite of Tax Tools to Aid Taxpayers

Last updated: 16 September 2023


The Income Tax Department has released a number of tax tools for taxpayers to help them with their tax planning and compliance. These tools can be used to calculate tax liability, estimate advance tax payments and generate income tax returns.

Income Tax Department Unveils Suite of Tax Tools to Aid Taxpayers

Here is a list of all the tax tools that have been released by the department

Sr. No. Tool Name Tool Link
1. Tax Calculator https://incometaxindia.gov.in/Pages/tools/tax-calculator.aspx
2. Advance Tax Calculator https://incometaxindia.gov.in/Pages/tools/advance-tax-calculator.aspx
3. Income and Tax calculator https://incometaxindia.gov.in/Pages/tools/income-tax-calculator-234ABC.aspx
4. Medical Facility https://incometaxindia.gov.in/Pages/tools/medical-facility-india.aspx

5.

Transport Allowance Calculator

https://incometaxindia.gov.in/Pages/tools/transport-allowance-calculator.aspx

6.

Children education and hostel allowance

https://incometaxindia.gov.in/Pages/tools/children-hostel-allowance.aspx

7.

House rent allowance calculator

https://incometaxindia.gov.in/Pages/tools/house-rent-allowance-calculator.aspx

8.

Profits and Gains of profession on presumptive basis u/s 44ADA

https://incometaxindia.gov.in/Pages/tools/profits-gains-professional-section-44ada-tool.aspx
9. AMT and MAT https://incometaxindia.gov.in/Pages/tools/amt-mat-tool.aspx
10. Eligibility for updated return and calculation of additional tax https://incometaxindia.gov.in/Pages/tools/eligibility-for-updated-return-tool.aspx
11. Equalization levy https://incometaxindia.gov.in/Pages/tools/equalization-levy-tool.aspx
12. Fees for default in furnishing return of income https://incometaxindia.gov.in/Pages/tools/fees-for-default-in-furnishing-itr-234f-tool.aspx
13. Interest under section 234A/234B/234C/234D https://incometaxindia.gov.in/Pages/tools/interest-234a-234b-234c-234d-tool.aspx
14. Deduction under section 80G/80GGC https://incometaxindia.gov.in/Pages/tools/deduction-under-section-80G-80GGC-tool.aspx
15. Relief under section 89A https://incometaxindia.gov.in/Pages/tools/relief-under-section-89A-tool.aspx
16. TDS Calculator https://incometaxindia.gov.in/Pages/tools/tds-calculator.aspx
17. Interest for delay in deduction/deposits of TDS/TCS and fees for late-filing of statements https://incometaxindia.gov.in/Pages/tools/interest-for-delay-tds-tcs-tool.aspx
18. Period of holding of capital asset https://incometaxindia.gov.in/Pages/tools/period-of-holding-of-capital-asset.aspx
19. Taxability of Agent Commission https://incometaxindia.gov.in/Pages/tools/Agent-Commission-Calculator.aspx
20. Presumptive Income under Section 44AE https://incometaxindia.gov.in/Pages/tools/presumptive-income-under-section-44AE.aspx
21. Presumptive Income under Section 44AD https://incometaxindia.gov.in/Pages/tools/presumptive-income-under-section-44AD.aspx
22. Depreciation https://incometaxindia.gov.in/Pages/tools/depreciation-plant-machinery-calculator.aspx
23. Income from house property https://incometaxindia.gov.in/Pages/tools/income-from-house-property.aspx
24. Relief under Section 89 https://incometaxindia.gov.in/Pages/tools/relief-under-section-89.aspx
25. Motor Car Facility https://incometaxindia.gov.in/Pages/tools/motor-car-facility.aspx
26. Exemptions from capital gains https://incometaxindia.gov.in/Pages/tools/exemption-from-capital-gains-tool.aspx
27. Concessional or interest free loan https://incometaxindia.gov.in/Pages/tools/concessional-or-interest-free-loan.aspx
28. Carry forward and Set-off of losses https://incometaxindia.gov.in/Pages/tools/carry-forward-and-set-off-of-losses-tool.aspx
29. Gratuity https://incometaxindia.gov.in/Pages/tools/Gratuity-calculator.aspx
30. Leave Encashment https://incometaxindia.gov.in/Pages/tools/leave-salary.aspx
31. Deduction under Section 80U https://incometaxindia.gov.in/Pages/tools/deduction-under-section-80u.aspx
32. Deduction under Section 80TTA https://incometaxindia.gov.in/Pages/tools/deduction-under-section-80tta.aspx
33. Deduction under Section 80DD https://incometaxindia.gov.in/Pages/tools/deduction-under-section-80dd.aspx
34. Deduction under Section 80D https://incometaxindia.gov.in/Pages/tools/deduction-under-section-80d.aspx
35. Deduction under Section 80C https://incometaxindia.gov.in/Pages/tools/deduction-under-section-80c.aspx
36. Interest on NSC https://incometaxindia.gov.in/Pages/tools/interest-on-national-savings-certificate.aspx
37. Partners’ Remuneration https://incometaxindia.gov.in/Pages/tools/partners-remuneration.aspx

38.

Indexed Cost of acquisition or improvement

https://incometaxindia.gov.in/Pages/tools/indexed-cost-of-acquisition-or-improvement.aspx

39. Rent Free Accommodation

https://incometaxindia.gov.in/Pages/tools/rent-free-accommodation-calculator.aspx

40.

Deferred Tax Calculator https://incometaxindia.gov.in/Pages/tools/deferred-tax-calculator.aspx
41. Residential Status Calculator

https://incometaxindia.gov.in/Pages/tools/residential-status-calculator.aspx

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