Files
IncomeTaxSystem/static/js/ao_calc.js

70 lines
2.2 KiB
JavaScript

document.addEventListener("DOMContentLoaded", function () {
function getVal(id) {
return parseFloat(document.getElementsByName(id)[0].value) || 0;
}
function setVal(id, value) {
document.getElementsByName(id)[0].value = Number(value).toFixed(2);
}
window.calculate = function () {
// Base Values
let gross_total_income = getVal("gross_total_income");
let disallowance_14a = getVal("disallowance_14a");
let disallowance_37 = getVal("disallowance_37");
// Deductions
let d80_business = getVal("deduction_80ia_business");
let deduction_sec37 = getVal("deduction_sec37_disallowance");
let deduction_80g = getVal("deduction_80g");
// Total Deduction
let total_deductions = d80_business + deduction_sec37;
// Net Taxable Income
let net_taxable_income =
(gross_total_income + disallowance_14a + disallowance_37)
- total_deductions
- deduction_80g;
setVal("net_taxable_income", net_taxable_income);
// Tax @ 30%
let tax_30_percent = net_taxable_income * 0.30;
setVal("tax_30_percent", tax_30_percent);
// Surcharge @ 12%
let surcharge_12 = tax_30_percent * 0.12;
setVal("surcharge_12", surcharge_12);
// Education Cess @ 3%
let edu_cess_3 = (tax_30_percent + surcharge_12) * 0.03;
setVal("edu_cess_3", edu_cess_3);
// Total Tax Payable
let total_tax_payable = tax_30_percent + surcharge_12 + edu_cess_3;
setVal("total_tax_payable", total_tax_payable);
// MAT, Interest
let mat_credit = getVal("mat_credit");
let interest_234c = getVal("interest_234c");
let total_tax = total_tax_payable + mat_credit + interest_234c;
setVal("total_tax", total_tax);
// Advance, TDS, TCS
let advance_tax = getVal("advance_tax");
let tds = getVal("tds");
let tcs = getVal("tcs");
let tax_on_assessment = advance_tax + tds + tcs;
setVal("tax_on_assessment", tax_on_assessment);
// Refund / Payablesss
let refund = total_tax - tax_on_assessment;
setVal("refund", refund);
};
});