Tagged articles from KDK Software blog.
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...
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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, salari...
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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 n...
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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 ...
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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 w...
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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 als...
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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 ...
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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 ...
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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 sin...
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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...
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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 ar...
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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 ...
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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...
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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: F...
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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 Asse...
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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 directl...
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Table of contents Bulk Computation in TDS software New enhanced feature for printing Bulk Computation from TDS software has been provided.Single Computation Pri...
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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 detail...
Read MoreTable 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 b...
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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...
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The new rule as introduced by the Income Tax Department discontinues the use of “Challan Modify” or “Add New Challan Details” option in correction return filing...
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Table of contents Process for offline correction for 24Q, 26Q, 27Q & 27EQ from TDS software Steps to be followed Correction options Add/Delete Salary detail: Ex...
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Table of contents Steps to Back up through Software: Manual Process for Back-up: Steps to do Back up for LAN System In the case, if the user wishes to format hi...
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After submitting Original FVU , if any modification for Responsible Person is required, then the same should be corrected in the correction return rather than O...
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Table of contents How to view reports of filed and pending returns in Income Tax Auditor How to view reports of filed and pending returns in Income Tax Auditor ...
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Table of contents How to prepare notes of accounts and significant accounting policies for non-company cases? For Notes of Accounts How to prepare notes of acco...
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Table of contents How to calculate interest on late deduction and deposit in e-TDS Software To Generate Interest on late deduction report, To Calculate interest...
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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 a...
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Table of contents What is Form 26QB? To make the payment of Challan 26QB from TDS Software these steps are to be followed. There is three step process: What is ...
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Password Protection for the software The software provides facility to set password for secure login in Spectrum application. This would help any unauthorized p...
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Table of contents Process to View and Print Bank Details / Capital gain Statement / NSC / KVP Details / TDS details in the computation report. 1. Process to vie...
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Table of contents What is form 10BB? How to file Form 10BB using ZEN IT Auditor? What is form 10BB? Form 10BB is an audit report under section 10(23C) of the In...
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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 Anne...
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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 Challa...
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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 Soft...
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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 Deduc...
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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 ...
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Table of contents Trial Balance direct import from Tally Trial Balance direct import from Tally User can eliminate repetitive work by importing trial balance fr...
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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 Dupl...
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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 hav...
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