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Computation of Total Income Format - Income Tax Computation Statement

A computation of total income statement: income by head, Chapter VI-A deductions, tax, credits, interest and balance payable.

Free · CORAA original — SA-aligned
Updated 16 Oct 2026
Shows
Income to balance payable
Heads
All five heads
Attach
Supporting computations
Format
Word
Share this template
Your firm — letterhead
Appears at the top of the document as the audit firm letterhead.
Used as the letterhead block.
Addressed to
Recipient of the letter — usually the company's board.
Engagement details
The client and period this document is for.
What’s inside

An excerpt from the template.

PAN: ___ | Assessment year: ___ | Status: ___ | Tax regime: ___

Income from each head

Deductions and total income

Tax

↑ Excerpt only — the full template is what you download as Word
About this template

What you’re downloading, and when to use it.

This template follows the format published by the Institute of Chartered Accountants of India (ICAI) in the AASB Audit Working Paper Templates (June 2023), the authoritative reference for Indian statutory-audit documentation. Fill in your firm’s letterhead and the engagement details on the form above, click Download Word file, and you’ll get a fully formatted .docx ready to use.

Everything is generated in your browser and on a stateless API endpoint — no account, nothing stored on our servers. We’ll ask for a work email once before your first download so we can send you the file and the occasional relevant update; after that, downloads on this device are instant. Edit freely in Word, Google Docs or Pages before sending to your client.

Common questions

FAQs.

What goes in the computation statement?
Income under each head, the gross total income, the deductions allowed, total income, tax, surcharge, cess, credits and the balance payable or refundable.
Should the computation be attached to the return?
It is not filed with the return, but it goes in the file and supports the return if questions follow.
Which rates apply?
The rates and slabs for the assessment year and the regime chosen. Use our income tax calculator to check the tax figure.
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