• Income Tax Ready Reckoner 1
  • Income Tax Ready Reckoner 2
  • Income Tax Ready Reckoner 3
  • Income Tax Ready Reckoner 4

Income Tax Ready Reckoner

Income Tax Act of India provides many deductions, exemptions , various kinds of tax computation , time limitation for the tax payers and assessing officers, forms for application under different provisions . Therefore , both for tax payer and their counsels like chartered accountants and lawyers who practice tax , it is nightmarish experience to keep reminding themselves of important dates, provisions and forms.
Income Tax Ready Reckoner in a mobile device would be great help to all those who are practicing tax . So, the concept of creating such a tax app hovered in the mind of Prashant Thakur , who took early VRS from income tax department and started practicing through his website http://taxworry.com . . Following modules are included in the app

1. Fresh Tax Solution from http://taxworry.com2. More than 12 tax calculators like HRA exemption,House Property Income calculator , perquisite exemption , Long Term capital gains,Gratuity exemption calculator , Tax Residency Calculator,Agriculture Land calculator, Leave encashment exemption, retrenchment compensation tax exemption etc. 3. Frequently asked question (FAQ) module on salary, house property,capital gains, business & profession,filing of return , withholding tax or TDS, appeal before CIT(A), Tribunal, High Court, AAR . These faqs are not just common question , but certain very typical questions on tax subjects.

4. Tax charts for quick reference to various rules, forms , time limitation. For example ,you will get time limitation under Income Tax Act, Share Price as on 01/04/1981,exemptions, deductions,Income Tax Authorities, Penalties under I.T.Act , Various Forms

5.The tax app has also big plan to help students who are pursuing Chartered Accountancy ,Company Secretary or Cost Management Accountancy course . So , they can brush up their knowledge through quizzes on various topics of direct tax paper. These quizzes are arranged topics based on the syllabus of these professional exams.6. Video
- The users can watch the video listed on youtube explaining various issues under Income Tax Act.7. For general users , you can check the A.O code or get IFSC or MICR codes of various banks . You can do it all from this APP8.Tax professionals who practice require to make calls to various tax authorities. So , a telephone directory in the app itself is helpful for them. Income Tax Ready Reckoner app has included easy searchable telephone directory of

9. The Tax Community module
- a user of app can ask and answer to tax questions by clicking the Tax Community Forum link on the app.10. The Tax Calendar is based on google app . So , you will never forget the important deadline or whether there is holiday on a particular day.11. Income Tax Act , Income Tax Rule ebook . This will always be with you to read and refer teh provision of tax law.

12. The News for Tax Pros
- The app has a module under Tools which provides segregated news
- on India Top news, Business News, Stock Market News , Corporate law , irsofficersonline and RBI news. Each one is segregated .

Many more useful modules are going to be added .

Category : Finance

Related searches

Reviews (30)

SHR. C. A. श. च. अ. Jul 24, 2021     

App does not work for register. Every time. 'Check internet' but youtuve , whatsapp even 3 times, uninstalled and installed but every time app FAILED . So uninstalled finally.

Kap. S. Mar 26, 2019     

Best App Till Date..cudos to the developers...they have done great work.. Thank you for such an awesome and user friendly interface

Lak. k. Sep 12, 2018     

Plz add an option to provide right answer it will be helpfull other than this nothing to say and app works better...... -one question Will this app gets updated with tax notifications and amendments?

Rit. K. Jan 17, 2019     

income tax act are not opening as well contact us also for any app related querry,Ive reinstalled app twice.

Par. C. Dec 22, 2018     

Income tax act section is not working after installation and does not show anything. So I have uninstalled it.

Har. N. Nov 17, 2018     

Request u to update the app according to Finance act 2018 & other recent amendments.. otherwise app will not be useful & ur hardwork all these days will go waste..

gau. s. Apr 12, 2019     

make a gst module seprately or keep as it was before. in the app

4No. g. Oct 18, 2018     

It's a useful app

sri. k. May 22, 2019     

Not with latest financial year

Sha. K. Apr 9, 2019     

Please clarify from which date Standard deduction of Rs.50000/- is applicable

Aks. I. Apr 11, 2019     

please include GST

Maz. P. Jun 8, 2021     

When I try to sign in, I get message.. Network error. Please check your internet connection. Something wrong with this application. Earlier use to work fine.

VIV. V. Mar 16, 2021     

Not updated

BSR. R. Jun 14, 2018     

Need to add basic notes and points, I think almost maximum users including me are not, 100 present brilliants. They don't have any Sections idea.

Jai. J. Jul 18, 2018     

While playing quiz when a answer is wrong the app doesn't provide right answer and explanation for that question. And this lack of feature makes it a normal app. Otherwise its an awesome app. Please add this feature

Apu. K. Jul 24, 2018     

It crashes a lot. It's annoying.

SHA. K. Aug 16, 2018     

Good for professionals.. needs to be updated from time to time..

Som. M. Jun 11, 2018     

Good initiative,👍.....DT & IDT In a single app.

Div. S. May 29, 2018     

Lot of improvement need to be done. Some time we feel like that the app is not up to date. Some sort of scroll required like updated as on with date. And also calculators are not give you the exact correctness. But over all great concept. Only thing some sort comfortness need.

Jas. S. May 29, 2018     

It's very helpful for me

Kk. N. Apr 15, 2018     

1. Income tax act under the head Tools is still not opening. It was to be allowed offline as commited by you to resolve the problems. The Finance bill 2018 has already been signed. The application is otherwise awesome. 2. Can't you elaborate the Tax calculator showing in details of various income and Deductions under each section so that it will be more easy to calculate as is showing in other similar Apps? It is upto you in the larger interest of all users.

Nam. W. Dec 11, 2017     

have some little problems. which are:- 1) "tax deduction" menu style if difficult to handle. 2) "Forms Download". 3) Maximum mobile are showing or messaging ( where security / antivirus app are exist in mobile ) - "Privacy Risk about this app downloading " . 4) Need to update this app. . Otherwise this app is very nice.

A. G. u. Feb 25, 2018     

A good and easy way of getting information about taxes.I highly recommend everyone and appreciate the developer.

jai. h. Mar 17, 2018     

Ok tell me how can I use tax calculation?please reply.

Raj. A. Jul 31, 2017     

Too many ads. Tax calculator needs to be comprehensive not just fastest

MD. I. Jul 20, 2017     

It's a good work by taxman group thanks to all app developer

Dee. C. Aug 12, 2017     

Amazing for Quick accessibility for Income Tax Provisions and other Taxes.

Abh. S. Jul 5, 2017     

Showing old videos and incomplete article's no worth of reading kindly provide full article which benefits the people and users

Nav. F. Jun 28, 2017     

Very useful for remembering act and for tax calculations

N. K. Jun 29, 2017     

Page roatation r very bad....and too much ad...