Find hidden tax errors in 30 seconds — free
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Step 1 of 6 Basic Info
Optional · Auto-fill from documents
Upload Form 16 — Find Hidden Tax Errors
AI reads your Form 16, 26AS & AIS — detects mismatches the IT Dept sees, finds unclaimed deductions, and calculates your exact refund. Free, no login, 30 seconds.
📚 First time here? Here's what each document is:
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Form 16 Your employer sends this every June. It shows your salary, deductions, and how much TDS they deducted. Check your email or ask HR.
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Form 26AS The government's record of all tax deducted on your behalf. Download from incometax.gov.in → e-File → View Form 26AS.
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AIS (Annual Information Statement) Shows ALL your income — salary, interest, dividends, capital gains. Same portal → AIS tab. More complete than 26AS.
1,247
Tax errors detected
₹2.3L
Avg underpaid tax caught
8,400+
Reports generated
🔍 We compare your Form 16 vs AIS vs 26AS — and flag what the IT Dept sees that you missed.
📋 Where to get these:
Form 16 — from your employer's HR/payroll portal or email (usually sent in June)
Form 26AS — login to incometax.gov.in → e-File → Income Tax Returns → View Form 26AS
AIS — same portal → Services → Annual Information Statement
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Form 16
Part A + Part B
PDF from employer
✓ UPLOADED
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Form 26AS
TDS / tax credit
statement PDF
✓ UPLOADED
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AIS
Annual Information
Statement PDF
✓ UPLOADED
Extracting data from your documents…
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Reading Form 16
Salary, deductions, TDS paid
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Reading Form 26AS
TDS credits, advance tax
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Reading AIS
Interest, dividends, capital gains
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Cross-checking for errors
Mismatches, missing PAN, undeclared income
✅ Extraction complete — please verify
AI extracted these values from your documents. Review before proceeding — amber fields need your attention.
Monthly Payslip Intelligence
Track your salary structure month by month
Step 1 of 6
Let's start with you
A few basics to personalize your tax report.
tap for help
Citizens above 60 (Senior) and 80 (Super Senior) get higher exemption limits under the old regime — ₹3L and ₹5L respectively.
Metro = 50% of Basic as HRA-exempt. Non-metro = 40%.
Metro: Mumbai, Delhi, Chennai, Kolkata
🏙 Metro City
🏘 Non-Metro
Step 2 of 6
Your Income
Enter annual figures. Check your salary slip or Form 16.
💡 All amounts are annual. Monthly salary × 12 = annual.
Total amount employer spends on you per year, before any deductions.
Monthly ₹1,00,000 → Enter ₹12,00,000
Fixed base component. Usually 40–50% of CTC. HRA, EPF, gratuity are calculated on this.
Paid mostly to government employees. Private sector = ₹0 usually.
House Rent Allowance from employer. Appears on salary slip as "HRA". If you pay rent, part is tax-free in old regime.
Actual rent you pay to your landlord per year. Enter ₹0 if you own your home or live with parents.
State tax auto-deducted. ~₹200/month = ₹2,400/year. Deductible in old regime.
Leave Travel Allowance. Actual domestic travel cost is tax-free in old regime. Claimable twice in a 4-year block.
No LTA
Yes, I get LTA
Amount spent on tickets. Exemption = min(LTA received, travel cost).
✈️ Only domestic economy travel qualifies. Keep tickets as proof.
₹100/month per child (max 2) CEA + ₹300/month hostel allowance is tax-free. Old regime only.
Not applicable
Yes, I have children
📚 Max exempt: ₹2,400 CEA + ₹7,200 hostel per family (2 children).
Step 3 of 6
Investments & Savings
These reduce taxable income in old regime. Enter only what you've actually invested.
Max ₹1,50,000
Add together: PPF + ELSS + LIC premium + your EPF contribution + NSC + tax-saving FD + children's tuition fees. Cap ₹1.5L.
PPF ₹50K + ELSS ₹50K + LIC ₹30K = ₹1.3L
Extra ₹50,000 over 80C
NPS Tier 1 gives EXTRA ₹50K deduction separate from 80C. Open at your bank or nsdl.co.in.
80C ₹1.5L + NPS ₹50K = ₹2L total!
Employer's NPS contribution up to 10% of Basic+DA. Deductible in BOTH regimes under 80CCD(2)!
✅ Works in New Regime too!
Health insurance premium for you, spouse, children. Max ₹25,000 deductible (₹50K if senior citizen).
Additional ₹25,000 for parents' insurance (₹50K if parents are senior citizens). Over and above your own ₹25K!
Step 4 of 6
Loans & Other Deductions
Many people miss thousands here. Check your bank interest certificates.
Interest portion of home loan EMI. Max ₹2L for self-occupied. Get "Interest Certificate" from bank.
EMI ₹30K/month → interest ~₹20K/month
Principal part of EMI counts towards 80C ₹1.5L limit. Check your bank's interest certificate for the split.
100% deductible — no upper limit! For 8 years from repayment start. Very underused!
No maximum limit
Interest earned in savings bank account — ₹10,000/year tax-free under 80TTA. ₹50K for senior citizens (80TTB).
50–100% of donations to approved charities deductible. Keep receipt with 80G number. We calculate 50% conservatively.
₹75K for self with disability (40%+), ₹1.25L for severe. 80DD for disabled dependent. Medical certificate needed.
Step 5 of 6
EPF & Gratuity
Usually automatic — let's make sure they're counted correctly.
🏦 EPF and gratuity have built-in tax protections. We calculate exempt portions automatically.
12% of basic salary auto-deducted monthly. Counts towards 80C limit. Check payslip.
Basic ₹40K/month → EPF ₹57,600/year
Employer's 12% of basic to EPF. Tax-free up to ₹7.5L/year combined (EPF+NPS+Superannuation). Not in your 80C.
Lump sum on leaving after 5+ years. Up to ₹20,00,000 completely tax-free.
No
Yes
Sec 10(10C): Up to ₹5,00,000 is tax-free if received under an approved VRS scheme after 10+ years of service. Amount above ₹5L is fully taxable.
VRS ₹8L → ₹5L exempt, ₹3L taxable
No
Yes
⚠️ Exempt only for PSU/govt/approved private schemes. Confirm with your employer's HR that VRS is CBDT-approved.
Sec 10(10B): Exempt up to the lower of ₹5,00,000 OR average salary of last 3 years × completed years of service. Received on layoff/retrenchment.
Avg salary ₹8L × 3 yrs = ₹24L → capped at ₹5L
No
Yes
Completed years only. Used to calculate the exempt portion.
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Sec 10(10AA): Tax-free up to ₹25,00,000 (lifetime limit for non-govt employees) on retirement/leaving. Leave encashed during service is fully taxable.
Only exempt on separation — not mid-service
No
Yes
✅ On retirement/leaving: ₹25L lifetime exempt for non-govt. Govt employees: 100% exempt.
Uniform allowance, research allowance, conveyance (old regime), etc. Check salary slip.
Step 6 of 6
Other Income
Almost done! Any income beyond your salary? Enter ₹0 if not applicable.
Interest from FDs, RDs, bonds. Fully taxable. Bank deducts TDS above ₹40K/year. Check Form 26AS.
Gross rent received. 30% standard deduction applied automatically. Enter the full rent received.
Profit from stocks/equity MFs held less than 1 year. Taxed at flat 20%.
Sold shares within 12 months → STCG
Profit from stocks/equity MFs held 1+ year. First ₹1,25,000 is tax-free every year!
First ₹1.25L gains = zero tax
Income from freelancing, consulting, tuitions etc. Added to salary income, taxed at slab rate. May need ITR-3 if above ₹2.5L.
Profit from Bitcoin, Ethereum, other crypto (VDA). Taxed at flat 30% — no deductions, no loss set-off allowed. Enter total profit (not sale value).
Interest from savings accounts only (not FD). First ₹10,000 is tax-free under 80TTA (₹50K for seniors via 80TTB). Enter total amount — we apply the exemption automatically.
SB interest ₹15K → ₹10K exempt, ₹5K taxable
Sec 115BBJ: Winnings from online games (Dream11, MPL etc.), lottery, crossword, card games. Taxed at flat 30% — no deductions allowed. TDS deducted above ₹10,000 per win. Heavily scrutinised by IT Dept.
₹1L winnings → ₹30,000 flat tax
If you worked at 2+ employers, each deducts TDS independently — often leading to under-deduction. You must combine both salaries and compute tax yourself. Enter total salary from ALL employers above in Gross Salary.
Job A ₹8L + Job B ₹6L → enter ₹14L total
No
Yes
⚠️ Make sure your Gross Salary above includes the total of BOTH employers. Each employer only knows their part — so total TDS is usually lower than required.
📊 Consolidated Salary Summary
Employer 1
₹0
Employer 2
₹0
Total (enter above ↑)
₹0
Sec 89(1): If you received arrears of salary for previous years, you can claim relief so you're taxed as if you received it in those years — not all at once in the current year. File Form 10E before filing ITR.
Arrears ₹3L received in FY25 for FY22 → lower effective tax
No
Yes
Compute relief using Form 10E on Income Tax Portal. Enter the relief amount from there. We deduct it from your final tax.
File Form 10E BEFORE submitting ITR
⚠️ You MUST file Form 10E on incometax.gov.in before submitting your ITR. Relief not available without it. Arrears already included in your Gross Salary above.
Total Tax Deducted at Source by all deductors (employer, bank etc.) as shown in Form 26AS. This reduces your final tax payable.
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For planning purposes only. This estimate is based on information you provided. Figures may differ from actual tax liability. Verify with your Form 16 & 26AS, and consult a CA before filing your ITR.
TaxSmart Report · FY 2025–26
New Regime
Saves ₹0
Tax Payable
₹0
incl. cess
Effective Rate
0%
of gross · marginal: 0%
TDS Balance
₹0
refund / due
🚨 Your employer may NOT have deposited your TDS
📋 Action required: Ask your HR/payroll to reconcile TDS deposits. Check 26AS on incometax.gov.in — only TDS reflected there can be claimed as credit. If employer hasn't deposited, you may get an IT notice even though TDS was deducted from your salary.
💰 Your Expected Refund
₹0
⚖️ Old vs New Regime — Full Comparison
📊 Deduction Breakdown & Utilization
AI Advisory Insight
Generating your personalized insight…
🔢 Income & Tax Comparison
📈 Tax Slab Breakdown
✅ Your Deductions & Exemptions (Old Regime)
💡 Personalized Tax Saving Tips
⚠️ Important Disclaimer
TaxSmart is a free tax planning tool — it is not a registered tax advisor, CA firm, or legal service. Output is for estimation and planning purposes only and does not constitute legal, financial, or tax advice under the Income Tax Act, 1961.

Always verify all figures with your original Form 16, Form 26AS, and AIS before filing. Consult a qualified Chartered Accountant (ICAI member) for actual ITR filing, especially if you have capital gains, foreign income, business income, or received an IT notice.

AI-generated content (including notice drafts and insights) may contain errors — review carefully before use. TaxSmart India · FY 2025–26 · Based on Income Tax Act & Union Budget 2025 · DPDP Act 2023 compliant · Documents processed via Google Gemini API and never stored.