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
In A.Y. 2018-19 the IT Department added a new schedule balance sheet – Ind AS and P&L A/c. Ind AS in ITR – 6 form. The Part A-BS-Ind AS and Part A-P&L-Ind AS are applicable in case of a company whose financial statements are drawn up in compliance to the Indian Accounting Standards (Ind AS) specified in
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
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
Table of contents Introduction to Section 112A – Income Tax on Long Term Capital Gain In the Finance Bill 2018, the government has come up with an insertion to Section 112A under the Income Tax Act, 1961. The new section 112A has been inserted in order to levy long-term capital gain tax on the transfer of equity share,
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 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
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
Table of contents Solution : Step 1: Step 2: Important Notes in case of Presumptive Income (44AD / 44AE / 44ADA) who cannot file ITR-4 Income from more than one house property; or Income from winning of lottery or income from Race horses; or Income taxable under section 115BBDA; or Income of the nature referred to in section 115BBE; or Income
