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Putta It Software 2023-24 Download: Teachers and employees in Andhra Pradesh and Telangana are required to file income tax returns in February every year. For the financial year 2023-24 and assessment year 2024-25, Sri. Putta Srinivas Reddy has developed a comprehensive income tax software specially designed for teachers and employees in these regions. The software facilitates the preparation of necessary documents, including Form 16 Annexure II Salary Statement, and helps DDOs submit accurate information.
Key Features of POTA Income Tax Software 2023-24:
A respected teacher from Nizamabad, Telangana, Putta Srinivas Reddy has released the latest version of his Income Tax software for the financial year 2023-24 (Assessment Year 2024-25).
Important information:
Latest information on tax slabs and exemptions:
The tax slab rates and exemption limits for individuals for FY 2023-24 and assessment year 2024-25 remain unchanged.
New Tax System:
The new budget introduces a tax system allowing taxpayers to pay tax based on the updated slab. However, opting for this new regime requires giving up certain exemptions and deductions.
Choosing the best benefit:
Employees and pensioners using income tax calculation software should carefully consider the benefits available under both regimes and choose the best one according to their financial situation.
Software Overview:
Post Title: Putta IT Income Tax Software 2024 (FY 2023-24) for AP, TS Teachers, and Employees.
File format: Excel software program 2024.
Produced by: Sri. Pota Srinivas Reddy, Teacher, Nizamabad District, Telangana.
Useful for: AP, TS Teachers, Employees, and Pensioners.
Official Portal: Income Tax Department
PUTTA Income Tax software for FY 2023-24, designed for teachers and employees of Telangana and Andhra Pradesh, has been updated to include the latest IT calculator, PRC arrears, and Form 10E. This software fulfills the Income Tax assessment for the financial year 2023-24, which is applicable for the assessment year 2024-25.
It adjusts the calculations based on the old and new regime tax structure. The new regime, introduced in Budget 2023, gives taxpayers the option to follow the new tax slabs but requires giving up some exemptions and deductions. Employees and pensioners using income tax calculation software can make informed decisions about choosing the most beneficial system.
FAQs about Putta It software 2023-24 download:
What is Income Tax Software for 2023-24 by Puta Srinivas Reddy? Pota Srinivas Reddy’s Income Tax Software for 2023-24 is a tool designed to help calculate income tax for teachers, employees, and pensioners in Andhra Pradesh and Telangana.
Where can I download Putta IT software for 2023-24? This software can be downloaded from Putta Srinivas Reddy’s official website putta. in.
Is Putta IT software download free for 2023-24? Yes, as per available information, the software is provided for free download.
In which file format is Putta IT software available for 2023-24?
The software is available in Excel format, ensuring compatibility with common spreadsheet programs.
Who Can Use Putta It software 2023-24 download?
Teachers, employees, and pensioners of Andhra Pradesh and Telangana.
Is there any specific website to download POTA IT software?
Yes, the official website to download Putta IT software is Putta. in.
Is the software compatible with different operating systems?
As an Excel-based software, it should be compatible with various operating systems, including Windows and macOS.
Conclusion
Income Tax Software by Putta Srinivas Reddy for FY 2023-24 proves to be an invaluable tool for teachers and employees in Andhra Pradesh and Telangana. With its user-friendly interface and consideration of the latest tax amendments, the software ensures accurate and efficient income tax calculations. Teachers and employees can download software to streamline the process of preparing necessary tax documents and stay updated on the latest tax regulations.