Tag: kdk software

Remuneration and Interest to Partner – Section 40(b) using IT

The process to enter disallowed partner’s interest and remuneration as per section 40 in Part OI Point no 8A h. “Amount of interest salary, bonus, commission or remuneration paid to any partner or member” As per section 40(b)(v) any payment of remuneration to any partner who is a working partner, authorized by, and is in

Start New ITR Filing Online for FY 2021-22 (AY 2022-23) | Spectrum

We Craft Awesome Technology Experience Used by Tax Professionals, SMEs and Corporates for Income Tax, TDS, PDF Signer & ROC Compliance and many more!. ( Simplifying your e-filing of income Tax Returns) Why Choose Income Tax Auditor by KDK Ease of Accessibility & Navigation from one ITR Form to another Interoperability from XML, MS Excel

Prerequisites to file 27q

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

Form 15 G/H filing Process

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

Help file for importing Trial Balance directly from Tally

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

How to Merge Duplicate Employee/ Deductee record?

Steps to merge double PAN entries in master of salary and non-salary deductee records in TDS Software :  Step 1: Open the  TDS software , go to  Tools  → Merge Duplicate Employee/Deductee record option given in the menu bar.  Step 2 : In Merge options, select ” Merge Employee (Salary)” or ” Merge Deductee (Non Salary) ” whichever is required.  Step 3 : Under Identification option, put check on ” PAN ” for merging duplicate PAN entries and click on the Merge button. Step 4 : Wait for

Unlisted equity share details- Where to enter as per the new changes?

The new income tax return forms (All ITR’s except ITR 1 ,4 and 6) for the assessment year 2019-20 come with a set of changes where more detailed disclosures have been asked by the taxpayer. If you have held unlisted equity shares during the previous year then you have to report the same in the Income tax return .   As

3CD annexure export / import process from TDS to Income Tax

Table of contents Process to export / import 3CD Annexure from TDS to Income Tax Process to export the data from ZEN TDS software Process to import the 3CD Annexure data in Income Tax software Process to export / import 3CD Annexure from TDS to Income Tax  This process helps the user to export/ import

TDS on Payment to Transporter u/s 194C

Table of contents To prepare the return “TDS on Payment to Transporter u/s 194C”, follow the steps provided below: Step 1: Open the e-TDS software, Go to Challan Entry →Form Wise Challan Entry → Form 26 Q (Non salary) option given in the menu bar. Step 2:  Enter a challan with “0” value. Leave the following fields blank- Step 3: Go to Deductee Entry →