Description
CALCAL Tax calculation software calculates Company taxation for both domestic and foreign companies. Determines the expenditure allowed and disallowed under Income tax act for the purpose of computing business income .Also determines book profits for the purpose of Minimum Alternative Taxation. Along with company taxation the product also has computation sheet for Depreciation under Section 32 of Income Tax Act. Professional can also check provisions applicability for computing Tax and expense allowed under Act. The Software can be used to simulate different scenarios to determine tax under different situations and projections of business. Applicable for AY 2021-22 and also for AY 2020-21
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