Category: Products Knowledge Base

Unique Document Identification Number (UDIN)

Table of contents To Feed UDIN Number, please follow the steps provided below. Step 1: Step 2: Step 3: For Company Case What is UDIN?Unique Document Identification Number (UDIN) is a unique number generated on the UDIN Portal for every certificate and other such documents that have been attested by a Chartered Accountant who’ve registered themselves on the

ITR-4 Filing Procedure

Table of contents A flow is being suggested for entering the information under section 44AD, AE, ADA Business in case of ITR 4 filing 1. Steps to be followed: For Balance sheet 2. Steps to be followed: For Profit & Loss account 3. Steps to be followed: For Business and profession head 4. Steps to

Section 112A – Income Tax on Long Term Capital Gain

Table of contents Introduction to Section 112A – Income Tax on Long Term Capital Gain Impact with the amendment in Section 112 A Steps to import the Capital Gain template from software. Introduction to Section 112A – Income Tax on Long Term Capital Gain  Vide Finance Bill 2018, the Government has come up with an

LAN Setting Procedure

Table of contents WHAT IS LAN SETTING AND ITS OBJECTIVE LAN SETTING PROCESS WHAT IS LAN SETTING AND ITS OBJECTIVE  LAN (Local Area Network) setup is developed by connecting two or more than two computers with each other using a physical connection or Wi-Fi in order to share files and data overtime. As specified above, Spectrum

How can data be entered for Schedule Asset and Liabilities (Schedule AL)?

Table of contents What is Schedule Asset and Liabilities and when it is applicable? Where to enter Schedule AL in the Income Tax Software? What is Schedule Asset and Liabilities and when it is applicable?  Income Tax Department has section AL from A.Y. 2016-17 called Asset and Liability ,Schedule AL ,in ITRs which is applicable in cases where the total

26AS import Process (Online)

Table of contents Process to Import 26AS directly to IT Software.  This feature allows the user to import Advance Tax, TDS / TCS detail and 15G/H details directly from the Income Tax Website.  Process to Import 26AS directly to IT Software. Step 1 : To import the 26AS Tax Details. Open the Income Tax software, go to Transactions → Tax Details option given in menu bar. Step 2: Click

Option for Printing Bulk Computation from TDS software

Table of contents Bulk Computation in TDS  software  New enhanced feature for printing Bulk Computation from TDS software has been provided.Single Computation Print selecting one employee at a time was a part of TDS software. Now this has been enhanced and multiple computation selecting n- number of employees at one click is possible using the TDS

Multiple challan import from OLTAS Site

Table of contents Process to import the challan directly in the software: This is a new feature introduced in the TDS software where the Multiple Challan details available on the OLTAS site can be directly imported in the software in just one click. Process to import the challan directly in the software: Step 1: Open the TDS

How to export Client Master Data in Excel

Table of contents Process to be followed:  The feature allows the user to export all the details related to their existing client in an excel sheet. Process to be followed: Step 1 : In Income Income Tax Software – Go to Reports → MIS → MIS option given in the menu bar. Step 2 : Click on the option Assessee Register given in left panel of the