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ITD Form 24Q India

  1. Language English
  2. Country India
  3. Activity Taxes
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ITD Form 24Q India

Quarterly statement of deduction of tax under sub-section (3) of section 200

Quarterly statement of deduction of tax under sub-section (3) of section 200 of the Income-tax Act in respect of salary paid to employee under section 192, or income of specified senior citizen under section 194P, for the quarter ended ……….. (June.......

This Python code calculates the net tax payable for an individual based on their income, deductions, and other relevant factors according to the Indian Income Tax Act, 1961. It supports various types of deductions under Chapter VI-A such as 80C, 80CCC, 80CCD(1), 80CCD(1B), 80DD, 80EE, and 80GG, among others. It also takes into account various surcharges, rebates, and exemptions.

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ABOUT

Tax forms

Form 24Q is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.

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