Filing your income tax return shouldn't feel like decoding a rocket launch sequence. Yet, each financial year, many individuals find themselves juggling numerous forms, tax slabs, exemptions, and deductions, often ending up overwhelmed or, worse still, with filing mistakes. But here’s the good news for the fiscal year 2025-26: there's an easy solution!
The Automatic Income Tax Preparation Excel-Based Software All in One is built precisely to handle the confusion. Whether you’re a central government teacher, a state clerk, or a private-sector employee managing your salary structure, this Excel-based utility makes tax prep straightforward and accurate.
The best part? It includes Form 10E integration—crucial if you're claiming relief under section 89(1). Therefore, it also covers both old and new tax regimes, saving you time and helping you make smart financial decisions before submitting your ITR.In other words, this guide will take you through every nook and cranny of this tool, explain how it works, and show you why it's a must-download for every salaried individual this financial year.
However, Introduction to Income Tax Preparation for FY 2025-26
Why Income Tax Filing is Crucial
Everyone earning an income in India is subject to income tax laws. In addition, filing your return not only helps you stay compliant with the law but also benefits you in various ways, like claiming refunds, availing loans, or even applying for visas. For FY 2025-26, with inflation-adjusted exemptions and changes between the old and new tax regimes, understanding your tax liability is more important than ever.
Above all, the income tax department has made it mandatory for salaried individuals to disclose complete income details, deductions, and tax reliefs via structured forms such as Form 16, 10E, and the final ITR. Missing even one detail could cost you in penalties or missed refunds.
Most people make errors either due to calculation mistakes or by choosing the wrong tax regime. This is where a reliable, all-in-one Excel-based tax software becomes essential. It automates the process and eliminates human error.
After that, Major Changes in FY 2025-26 Tax Rules
If you’re filing taxes for FY 2025-26, take note of the new updates:
- The standard deduction continues under the new regime.
- Tax Rebate u/s 87A revised under new slab.
- Change in TDS thresholds for salaried and pension income.
- Enhanced limits on Section 80C, 80D, and housing loan interest under the old regime.
Similarly, the Excel-based tool is up-to-date with all these changes, ensuring you won’t miss a single applicable exemption or deduction.
The Importance of Using an Excel-Based Income Tax Software
Time-Saving Benefits
You probably have better things to do than to calculate your income tax liabilities manually. Excel-based software offers speed, especially when dealing with multiple income heads, exemptions, and deductions.
Here’s a scenario: You're a school teacher in the government sector. You have basic pay, DA, HRA, and maybe a few allowances. You also claim deductions under 80C for LIC, PPF, or tuition fees. Manually tallying all of this? That's hours of work and tons of room for error.
With this tool, you just plug in the numbers, and it does the math. From salary breakup to final tax payable, including Form 10E relief, everything is handled within minutes.
Accuracy and Reduced Errors
Unlike manual calculation, where one wrong digit can throw off your whole return, the Excel tool uses embedded formulas to minimise mistakes. Whether it’s computing house rent exemption, rebate under section 87A, or tax under both regimes, every formula is pre-built.
In short, you reduce your chances of facing notices from the IT department for under-reported income or over-claimed deductions. Accuracy is no longer a challenge; it’s a guarantee.
What Is Automatic Income Tax Preparation Excel-based Software?
Features and Functionalities
This tool isn’t your average spreadsheet. It's a full-blown automated engine built in Microsoft Excel, with visual tabs, input forms, and summary dashboards. Here's what it does:
- Auto-calculates total income, tax payable/refundable
- Supports both the Old Tax Regime and the New Tax Regime
- Generates Form 16 Part A & B
- Includes Form 10E with all required annexures
- Accepts multiple deductions (80C, 80D, 80E, 80G, etc.)
- Highlights: TDS deducted and balance tax to be paid
- Works offline, ensuring your data stays private
The software is especially popular among accountants, school staff, clerks, engineers, and professionals who don’t want to pay for high-end tax portals but still want complete functionality.
Difference from Manual Filing
Manual filing using a calculator or paper form leaves a lot of room for human error. Plus, referencing multiple websites for tax slab details, exemptions, and deductions is a nightmare.
The Excel-based software centralises everything. Think of it as your virtual CA—always ready, always precise, and never charging you a dime for each session. Manual methods also fail to give real-time tax regime comparisons. This tool does that instantly, helping you choose what's best for you.
Who Can Use This Software?
For Government Employees
Government employees—be it central, state, or local—often have complex pay structures with multiple allowances, LTC, HRA, and pensions. This software accommodates all of that.
If you're a government school teacher or a revenue officer, you’ll find the salary and deduction fields highly relatable and customizable. Bonus? It prepares Form 16 automatically, which you can directly issue to subordinates or submit with your ITR.
For Non-Government Employees
Private-sector workers have different income structures, often including bonuses, stock options, or professional tax. The software handles this just as easily. Whether you are in IT, banking, or a factory job, all income components can be broken down and analysed to determine exact tax liability.
Freelancers or part-time workers? Even though your earnings aren’t salaried, the software allows for customisation in income head fields, ensuring accurate return filing and reduced scrutiny.
What Is Form 10E and Why Does It Matter?
Definition and Use
Form 10E is an official form issued by the Income Tax Department of India that allows individuals to claim relief under Section 89(1). Wondering what that means? Let’s break it down.
Say you receive arrears, or advance salary or pension income that belongs to previous years but is paid in the current financial year. Naturally, this lumps up your total income, pushing you into a higher tax slab. That's unfair because that income was meant for previous years, when you might've had a lower taxable income.
Form 10E helps you claim relief for this additional tax burden by recalculating your tax liability for those previous years and adjusting it against the current year. Without this form, you can’t legally claim relief, even if you qualify. The ITR portal may even reject your return or delay refund processing if Form 10E isn’t filed.
How It Reduces Tax Burden
This is where the real money-saving magic happens. Form 10E splits your arrears or advance income and reassigns it to the year it actually belongs to. It then computes the difference in tax with and without that lump sum and grants you the lower tax liability.
For example:
- You received ₹1,50,000 as arrears for FY 2022-23 in FY 2025-26.
- Without Form 10E, that entire ₹1.5 lakh is taxed as per FY 2025-26 slabs.
- With Form 10E, it’s proportionately split and taxed as if it were earned in FY 2022-23, which may result in significantly less tax.
This automatic Excel software auto-generates Form 10E with all necessary annexures, helping you file it correctly without the struggle of separate online filing.
Key Features of the Software
Auto Calculation and Tax Slabs
This tool doesn’t just crunch numbers—it understands the rules behind them. That means it automatically:
- Identifies your age category (below 60, senior, or super senior)
- Applies the correct income tax slab under the Old and New regime
- Calculates deductions under Sections 80C, 80D, 80G, 80TTA, and more
- Applies rebates like 87A, standard deduction, and professional tax
Let’s say your income is ₹8,50,000, and you’ve invested ₹1.5 lakh under 80C. The software will:
- Apply the standard deduction
- Deduct 80C
- Show your net taxable income
- Suggest which regime saves you more
- Display your final tax payable
Everything is updated as per F.Y. 2025-26 rules, so you’re never working with outdated logic.
Auto-Fill for Form 16 and 10E
Another standout feature is its capability to auto-generate Form 16 Part A & B and Form 10E. No more filling out multiple templates or consulting HR. If you're an employer, this can save hours when generating Form 16s for staff.
Form 16 includes:
- Complete salary breakup
- Deductions claimed
- Tax already deducted
- Final tax payable or refund
Form 10E, on the other hand, is smart enough to:
- Accept multiple arrears
- Split them year-wise
- Match current vs past slab differences
- Calculate the relief amount
- Present the form in an ITR-friendly format
All you have to do is enter your data once—the tool handles the rest.
How to Download and Install the Excel-Based Tool
System Requirements
Before you rush to download, make sure your system is compatible. The software is designed to work on most Windows PCs, even older ones, provided you have:
- Microsoft Excel 2003 or later
- Macros enabled in Excel (this is crucial)
No internet connection is needed once downloaded, which means complete offline access and privacy.
Step-by-Step Installation Guide
- Download from the link given below
- Click on the Download Excel File link below.
- Save the file to your desktop or a folder of your choice.
- Open the Excel file. You’ll get a prompt asking to enable macros—click "Enable Content".
- Navigate through the sheets using provided tabs: “Basic Info”, “Salary Details”, “Deductions”, “Tax Computation”, “Form 16”, and “Form 10E”.
It’s plug-and-play. No need for software installation, registry edits, or admin permissions. You can even copy it to a USB and use it on other systems.
How to Use the Tool for Tax Filing
Entering Salary and Income Details
The process is designed to be extremely user-friendly. You begin with:
- Your name, PAN, DOB, and assessment year
- Salary details like Basic Pay, DA, HRA, Bonus, LTC, etc.
- Additional incomes (interest, rent received, pension, etc.)
There's a section to input TDS already deducted by your employer or bank, which the software then adjusts while computing the final tax.
If you’ve changed jobs during the year, the software allows you to enter multiple employers and generates a consolidated Form 16 accordingly.
Generating Forms and Final Reports
Once all data is entered:
- Navigate to the “Tax Computation Sheet”
- It shows gross income, deductions, taxable income, total tax, TDS deducted, and refund (if any)
- A clear comparison of the Old vs. the New regime helps in deciding which to choose
After reviewing, click on the tabs for:
- Form 16 Part A & B – formatted for print
- Form 10E – auto-filled with arrears data and calculations
- Final Summary Report – ideal for record-keeping or CA submission
With everything done, you can file your ITR online by copy-pasting the calculated data or generating a PDF copy of the reports.
In conclusion, Benefits over Other Tax Filing Software
Simplicity and Compatibility
Unlike paid portals that bombard you with ads, push for upgrades, or store your data online, this tool keeps it simple and private. It's a no-nonsense alternative to www.pranabbanerjee.com, www.apnataxplan.in, or www.itaxsoftware.net
- No login required
- No learning curve
- No forced cloud uploads
- No hidden charges
It's just Excel—something most of us are already familiar with.
Download the Automatic Income Tax Preparation Excel Tool for FY 2025-26 with Form 10E—Perfect for Government and Private Employees.
[This Excel-based Income Tax Software automatically generates your Tax Computation Sheet as per the latest Budget 2025 updates. It includes an inbuilt salary structure tailored for both Government and Non-Government employees. The tool auto-creates a comprehensive Salary Sheet, calculates HRA Exemption under Section 10(13A), and computes Income Tax Arrears Relief under Section 89(1) along with Form 10E. Additionally, it prepares Form 16 Part A & B and Form 16 Part B automatically, making tax filing for FY 2025-26 easier, faster, and error-free.]
