Tax computation report is a detailed excel report which a user can download by clicking on the 'review' tab of Quicko. This computation report gives a detailed view of the information entered and the return prepared by the tax payer.
This tax computation report will be as per the regime selected by the user: old regime or the new regime. The computation eligibility will be as per the rules of these regimes.
This tax computation report consists of detailed information under the following sections: Personal Information, Income heads, Tax breaks, Taxes paid, Loss matrix, Additional details and tax computation.
This allows the user to understand the information entered on Quicko better and can refer to it anytime since the report can be downloaded. Since the report is designed, it gives a visual representation of numbers in an enhanced way.