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Invalid Assumption of Jurisdiction by AO: CIT Cannot Revise Assessment Order
CA Nikhilesh Begani - 26 Jul 2023 - 0 commentIn the case of Smt. Aruna Tiwari Vs. PCIT, the ITAT Raipur ruled that a non-est assessment order cannot be revised by the CIT under Section 263 of the Income Tax Act....
Comprehensive Income Tax Chart 2023
Sanjay K Agarwal - 23 Jul 2023 - 0 commentGet the 22nd edition of the comprehensive Income tax reference chart for professionals and users. It covers tax rates, deductions, capital gains, TDS rates, and more. Stay informed!...
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Companies Act Compliance Chart | Updated Guide
Sanjay K Agarwal - 21 Jul 2023 - 2 commentsCompliance with the Companies Act is of utmost importance for businesses to ensure smooth operations and mitigate legal complications. The ready-to-use compliance requirements chart presented above encompasses various crucial aspects, such as Annual Return certification and signing by Company Secretaries (CS), the formation of Audit and N...
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Merchant Export under GST (0.1%) verification Sheet
CA Santosh Vasantrao Dhumal - 15 Jul 2023 - 0 commentOn the basis of GST returns filed by the taxpayers, nowadays the department is sending notices for the verification of Merchant export transactions. Some time manufacturers may have failed to meet any of the stipulated conditions and therefore face the demand for differential tax (Tax leviable on the sale of goods as per standard rate...
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EMI-APR Calculator with Amortization
Chirag - 04 Jul 2023 - 0 commentEquated Monthly Instalment (EMI) – Annual Percent Rate (APR) Calculator With Amortization The APR/EIR Calculator with Amortization is an Excel-based tool that helps calculate the Annual Percent Rate (APR) or Effective Interest Rate (EIR) for different loan scenarios. It takes into account adjustments for fees and charges credited to...
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Excel Based Depreciation Rate Calculator to Convert from SLM to WDV
Chirag - 04 Jul 2023 - 0 commentAn Excel-based rate calculator to convert depreciation accounting from Straight Line Method (SLM) to Written Down Value (WDV) is a tool created in Microsoft Excel that helps in determining the depreciation rates for assets when transitioning from SLM to WDV method. Depreciation is the gradual decrease in the value of an asset over its use...
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Automated Income Tax Calculator (Old & New Regime)
Chirag - 04 Jul 2023 - 0 commentThis individual income tax calculator (Excel utility) is prepared for FY 2021 to 2023. All yellow fields are for relevant entries, and the rest of the values will be automatically calculated. Another sheet contains the Income Tax Statement, which can be printed or converted into PDF by pressing Ctrl+P....
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GSTR 2B VS Books ITC Reconciliation Excel Utility
madhan.krishnan - 14 Jun 2023 - 8 commentsGST TaxPayers are facing difficulty for GSTR 2B ITC Vs Book ITC reconciliation due to Invoice No / Invoice Date / GSTN / Invoice value Clerical mismatches. Herewith attached the Utility is giving Quick & Perfect Reconciliation results irrespective of Clerical mismatches. This Utility has a Duel Reconciliation method to find the Match...
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Simplify Income Tax filing with bulk 26AS and AIS downloads
aejaz - 09 Jun 2023 - 3 commentsLooking for a hassle-free way to manage your clients’ Income Tax documents? Our software is here to streamline the process for you. With just a few clicks, you can download multiple clients’ Income Tax 26AS and AIS (Annual Information Statement) in various formats such as Text or PDF, saving you valuable time and effort. Key […...
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Automatic Income Tax calculator for Non-Govt Employees for F.Y.2023-24
Pranab Banerjee - 05 Jun 2023 - 4 commentsDownload All-in-One Automated Income Tax Preparation Software for Non-Government (Private) Employees for the Financial Year 2023-24 and Assessment Year 2024-25, as per Section 115BAC of the Income Tax Act. Key Features of this Excel utility include: 1. Seamless preparation of your income tax based on your chosen option under Section 115BA...
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