Paying attention to public demand, GSTN portal has now added a new functionality for claiming refunds. Facility to claim the refund on account of excess payment of tax has been now enabled on GST Portal for the taxpayers. GSTN is a non-government and non-profit company which provides IT infrastructure and services to taxpayers, the State
Prerequisites to file 27Q (A non-resident, who does not have PAN, can avoid higher TDS deduction) Relaxation from deduction of tax at higher rate under section 206AA. In the case of a non-resident, not being a company, or a foreign company (hereafter referred to as ‘deductee’) and not having Permanent Account Number, the provisions of section
Conditions where Form 16 Part-A and Part-B would not merge The TDS Software has provided a feature of merging the Form 16 Part-A and Part-B generated from the website/software.There are few conditions were the merging of both these forms is not possible. Name Format of the Form is not matched. TDS software Edition is not matched. The Process given
What to do when the Income Tax Software does not suggest any ITR form in the case of an Individual? Income Tax Software has a feature that suggests which ITR has to be submitted depending upon the details entered under specific income heads such as Salary, House Property, Business, Capital gain, etc. Sometimes it happens
This feature is a newly introduced feature in the Income Tax Auditor which helps the user to send Reports, Computation and ITR-V to the client. This feature also allows the user to get the copy of the aforesaid reports saved in the local system.
Software provides an option to import data directly from Tally to IT Auditor Software. Below error message appears when user tries to import trial balance from Tally.ERP 9 to Income Tax Auditor Software.This happens when ODBC and Tally.ERP 9 are not opened in administrator mode ( Run as administrator). To resolve this problem while importing trial balance please follow the steps below: Step 1 Close the
ITR-6 Form is exclusively used by companies which are not claiming exemption under section 11 (Income from property held for charitable or religious purposes) while filing their Income Tax Returns with the Income Tax Department of India. The Nature of Company and Business has to be specified as per applicability for Date of Commencement of Business Whether
Letter Head Master: An Introduction The Income Tax Auditor Software allows the user to use predefined templates for Letter Head along with an option for manual input.There are almost 13 templates the software provides. User can also create template of his own choice. Logo’s such as CA logo, Advocate Logo can also be inserted. Use
The Income Tax Auditor Software has introduced a new feature wherein the client can access his client’s filed, e-verified, reviewed ITR’s etc, all through a single dashboard.There are basically 2 forms of dashboard available. Income Tax Auditor Dashboard. Assessee Dashboard. Dashboard – IT Auditor This dashboard gives a brief note on which assessee details have been started, submitted, verified etc. The notification
As per NSDL, TDS Return guideline and RPU Return flow, it is not possible to adjust multiple challan with one dedcutee entry. Possible solution is user can bifurcate deductee entry in two parts and adjust the same with each challan.
Table of contents FY 2019-20 & FY 2018-19 for both individual and corporate taxpayers To calculate and generate the Advance Tax Challan, please follow the steps provided below: Step 1: Step 2: Step 3: Step 4: Any person having an estimated tax liability of Rs. 10,000 or more in a year is required to pay tax in