A tax computation report is a detailed excel report that gives a comprehensive view of the information entered by a taxpayer to prepare an ITR.
This report consists of complete information in the following sections:
- Personal details
- Income Tax Return details
- Income details under various heads
- Deductions
- Taxes paid, TDS & TCS
- Loss matrix
- Computation of Income
- Additional details: Advance tax/ Self Assessment tax & Interest details
Steps to download the report
- Navigate to file, from the bottom nav.
- Scroll down to the bottom, and tap on the tax computation report.
The report directly gets saved in your downloads, for IOS, you will get an option to save in the files.
Note:
The report is prepared as per the tax regime selected by the user, and the computation eligibility will be as per the rules of these regimes.