Any person having an estimated tax liability of Rs. 10,000 or more in a year is required to pay tax in advance. Advance tax applies to all the taxpayers, salaried, freelancers, and businesses. Senior citizens, who are 60 years or older, and do not run a business, are exempt from paying advance tax. This payment of tax
Run time error '53' on opening TAXSUIT Software, normally occurs when the Spectrum.exe is missing at the location where the Taxsuit software is installed. It can be said that Taxsuit runs only if there is Spectrum.exe available in the default software execution location.
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.
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
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
Table of contents Process to import income tax return XML file in Zen IT Auditor: Process to import income tax return XML file in Zen IT Auditor: This feature allows the user to import ITR XML files generated by Government Utility, KDK income Tax software or any other software. To import the XML file in Income Tax Auditor please follow the steps below:Before
Table of contents 24G e-filing Process through TDS Software Here is what need to be done in order to fill up the 24G form. 24G e-filing Process through TDS Software The Pay and Accounts Office (PAO)/ District Treasury Office (DTO)/ Cheque Drawing and Disbursing Office (CDDO) (CDDO in case of Central Government only) are required to file Form 24G as per Income-tax Department
Table of contents ⋅Procedure for Mapping the Deductee /Employee Entries with the Challan. For quarterly e-filing of TDS return, we are required to prepare Deductor Master and Deductee/Employee Master to prepare the return for form 24Q/26Q/27EQ/27Q as per the case. Against these deductee or Employee we are required to Pay the challan and accordingly we need to map the deductee/employee entries against the challan. After feeding all the challan entries and deductee
Table of contents 1. What is Form 15G and Form 15H? 2. Conditions you must fulfill to submit Form 15G 3. Conditions you must fulfill to submit Form 15H Process to file form 15 G/H through TDS software 1. What is Form 15G and Form 15H? If your income is below taxable limit and you
Table of contents Trial Balance direct import from Tally Trial Balance direct import from Tally User can eliminate repetitive work by importing trial balance from Tally directly and can prepare Financial reports like balance sheet, profit and loss, trading account etc. To import the Trial balance from Tally, please follow the steps provided below: NOTE: Before proceeding with the process, the important details to keep in mind w.r.to