IT Income Tax Software 2020 download AP & Telangana Teachers & Employees : Income tax software 2019-20 for teachers, kss prasad income tax software, gunturbadi income tax software download, medakbadi income tax, putta it software 2020 for AP and Telangana Employees download link available at the bottom of this page. Income Tax Software 2019-2020 Latest and Updated software for AP & TS Teachers and Employees for the Financial Year 2019-20 and the Assessment year 2020-2021.
Income tax software 2019-20 for ts teachers
| General category | Senior citizens | Super senior citizens | |||||
|---|---|---|---|---|---|---|---|
| (Up to 60 years of age) | (60-80 years) | (Above 80 years) | |||||
| Income | Tax | Income | Tax | Income | Tax | ||
| Up to Rs 2.5 lakh | Nil | Up to Rs 3 lakh | Nil | Up to Rs 5 lakh | Nil | ||
| Rs 2,50,001-Rs 5 lakh | 5% | Rs 3,00,001-Rs 5 lakh | 5% | Rs 5,00,001-Rs 10 lakh | 20% | ||
| Rs 500,001-Rs 10 lakh | 20% | Rs 5,00,001-Rs 10 lakh | 20% | Above Rs 10 lakh | 30% | ||
| Above Rs 10 lakh | 30% | Above Rs 10 lakh | 30% | Getcets.com | |||
| Surcharge of 10% for income between Rs 50 lakh and Rs 1 crore with marginal relief | |||||||
| Surcharge of 15% for income above Rs 1 crore with marginal relief | |||||||
| # Rebate of up to Rs 2,500 for taxable salary up to Rs 3.5 lakh | |||||||
| # Education and higher education cess of 3% | |||||||
Income Tax Slabs for the Individual for the Assessment Year 2019-20
| S. No. | Income Tax Slab | Income Tax Rate Payable |
| 1. | Rs. 0 to 250,000 | No Income Tax |
| 2. | Rs. 250,001 to 500,000 | 5% |
| 3. | Rs. 500,001 to 1,000,000 | 20% |
| 4. | Rs. 1,000,001 and above | 30% |
Income Tax Slabs for the Senior Citizen for the Assessment Year 2019-20
| S. No. | Income Tax Slab | Income Tax Rate Payable |
| 1. | Rs. 0 to 300,000 | No Income Tax |
| 2. | Rs. 300,001 to 500,000 | 5% |
| 3. | Rs. 500,001 to 1,000,000 | 20% |
| 4. | Rs. 1,000,001 and above | 30% |
Income Tax Deductions Section wise Details
| Section | Deduction on | FY 2019-20 |
| 80CC | For amount deposited in annuity plan of LIC or any other insurer for pension from a fund referred to in Section 10(23AAB). | – |
| 80CCD(1) | Employee’s contribution to NPS account (maximum up to Rs 1,50,000) | – |
| 80CCD(2) | Employer’s contribution to NPS account | Maximum up to 10% of salary |
| 80CCD(1B) | Additional contribution to NPS | Rs. 50,000 |
| 80TTA(1) | Interest Income from Savings account | Maximum up to 10,000 |
| 80GG | For rent paid when HRA is not received from employer | Least of rent paid minus 10% of total income Rs. 5000/- per month 25% of total income |
| 80E | Interest on education loan | Interest paid for a period of 8 years |
| 80EE | Interest on home loan for first time home owners | Rs 50,000 |
| 80CCG | Rajiv Gandhi Equity Scheme for investments in Equities | Lower of – 50% of amount invested in equity shares or Rs 25,000 |
| 80D | Medical Insurance – Self, spouse, children Medical Insurance – Parents more than 60 years old or (from FY 2015-16) uninsured parents more than 80 years old | Rs. 25,000 Rs. 30,000 |
| 80DD | Medical treatment for handicapped dependant or payment to specified scheme for maintenance of handicapped dependant Disability is 40% or more but less than 80% Disability is 80% or more | Rs. 75,000 Rs. 1,25,000 |
| 80DDB | Medical Expenditure on Self or Dependent Relative for diseases specified in Rule 11DDFor less than 60 years old For more than 60 years old For more than 80 years old | Lower of Rs 40,000 or the amount actually paid Lower of Rs 60,000 or the amount actually paid Lower of Rs 80,000 or the amount actually paid |
| 80U | Self suffering from disability:Individual suffering from a physical disability (including blindness) or mental retardation. Individual suffering from severe disability | Rs. 75,000 Rs. 1,25,000 |
| 80GGB | Contribution by companies to political parties | Amount contributed (not allowed in cash) |
| 80GGC | Contribution by individuals to political parties | Amount contributed (not allowed in cash) |
| 80RRB | Deductions on Income by way of Royalty of a Patent | Lower of Rs 3,00,000 or income received |
Teachers INCOME TAX Softwares AP/TS FY 2018-2019 Download
(Updated Softwares): Updated 14-02-2019
IT Income Tax Software for FA 2018-2019 and AY 2019-2020, Income Tax Programme for FA 2018-2019 and AY 2019-2020 ((for Assessment Year 2019-2020)
TS Govt employees income tax software
| S.No | Software Name | State | Prepared by | Download | Updated |
| 1 | Income Tax Software | AP & TS | B.Srinivasa Chary | Get the File | 30-01-2019 |
| 3 | APMS Income Tax Software | AP | Ch. Venkat Ramana Murty | Get the File | 27-12-2018 |
| 4 | Income Tax Software | TS | Putta Srinivasa Reddy | Get the File Get the File | 05-02-2019 |
| 5 | Income Tax Software | AP & TS | KSS Prasad | Get the File | 05-02-2019 |
| 7 | Income Tax Software | AP | Vijay Kumar | Get the FILE | 05-02-2019 |
| 8 | Income Tax Software | TS | Vijay Kumar | Get the FILE | 13-01-2019 |
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