ExpressGST
Download Complete ITC Transactional Data
One of the key aspects of GST compliance is managing Input Tax Credit (ITC) accurately. With our latest feature update, you can now download the complete transa...
Read More →Products Knowledge Base
Category articles from KDK Software blog.
Daily Bites
Demystifying 26AS: Your Ultimate Guide to Financial Knowledge
he Income Tax Return (ITR) is a form used by taxpayers to file information about their income and tax with the tax authorities. It is a document that taxpayers ...
Read More →Products Knowledge Base
How to Select Limited Liability Parterneship (LLP) Status
Using KDK Zen Income Tax On this page Introduction To select the LLP status in Income tax Auditor Software, please follow the steps provided below: Introduction...
Read More →
Products Knowledge Base
Unique Document Identification Number (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 attes...
Read More →
Products Knowledge Base
How to get the option for IND-AS BS and IND-AS P&L in case IND-AS is applicable on a company
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...
Read More →
Products Knowledge Base
How to calculate and generate the Advance Tax Challan
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...
Read More →
KDK Update
How to add deductee entry against part payment of challan
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 bifu...
Read More →
Daily Bites
Dashboard Feature
This dashboard gives a brief note on which assessee details have been started, submitted, verified etc. The notification such as Birthday remainder, Statutory D...
Read More →
KDK Update
Use and Purpose of the Letter Head Master
The Income Tax Auditor Software allows the user to use predefined templates for Letter Head along with an option for manual input. There are almost 13 templates...
Read More →
KDK Update
ITR 6 Latest Additions made as per the new changes applicable for AY 2019-2020
ITR-6 Form is exclusively used by companies which are not claiming an exemption under section 11 (Income from property held for charitable or religious purposes...
Read More →
KDK Update
Run Time Error 53 File not found” on opening Taxsuit software
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 ca...
Read More →
KDK Update
ODBC error while importing data from Tally software
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...
Read More →
Products Knowledge Base
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 ...
Read More →
Products Knowledge Base
Conditions where Form 16 Part-A and Part-B would not merge
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...
Read More →
Products Knowledge Base
Software not suggesting any itr form in case of Individual
What to do when the Income Tax Software does not suggest any ITR form in the case of an Individual? Income Tax Software has a feature that suggests which ITR ha...
Read More →
Products Knowledge Base
MAIL CONFIGURATION
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...
Read More →
Products Knowledge Base
ODBC error while importing data from Tally software
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 ...
Read More →
Products Knowledge Base
ITR 6 Latest Additions made as per the new changes applicable for A.Y. 2019-2020
ITR-6 Form is exclusively used by companies which are not claiming exemption under section 11 (Income from property held for charitable or religious purposes) w...
Read More →
Products Knowledge Base
Use and Purpose of Letter Head Master
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 ...
Read More →
Products Knowledge Base
Dashboard Feature
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...
Read More →
Products Knowledge Base
How to add deductee entry against part payment of challan
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 bifu...
Read More →
Products Knowledge Base
How to calculate and generate the Advance Tax 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...
Read More →
KDK Update
How to get the option for IND-AS BS and IND-AS P&L in case IND-AS is applicable on a company
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...
Read More →Products Knowledge Base
Unique Document Identification Number (UDIN)
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 Identificat...
Read More →
Products Knowledge Base
LAN Setting Procedure
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...
Read More →
Products Knowledge Base
ITR-4 Filing Procedure
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...
Read More →
ExpressITR
Section 112A – Income Tax on Long Term Capital Gain
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 ...
Read More →
Products Knowledge Base
How can data be entered for Schedule Asset and Liabilities (Schedule AL)?
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...
Read More →
Products Knowledge Base
Unveiling the Secrets of 26AS Import Process: How to Navigate it Online Successfully
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...
Read More →
Products Knowledge Base
Option for Printing Bulk Computation from TDS software
Table of contents Bulk Computation in TDS software New enhanced feature for printing Bulk Computation from TDS software has been provided.Single Computation Pri...
Read More →
Products Knowledge Base
Multiple challan import from OLTAS Site
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 More →Products Knowledge Base
How to export Client Master Data in Excel
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 b...
Read More →
Products Knowledge Base
Presumptive Income – Software suggesting ITR-3 instead of ITR 4
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...
Read More →
Products Knowledge Base
Online Challan Addition Process in TDS Correction
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...
Read More →
Products Knowledge Base
The process to import income tax return XML file in Zen IT Auditor
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...
Read More →
Products Knowledge Base
Offline Correction process for TDS return
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...
Read More →
Products Knowledge Base
Help file for taking backup in case of System Format
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...
Read More →
Products Knowledge Base
Process to modify responsible person details in TDS correction return
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...
Read More →
Products Knowledge Base
Filed and Pending returns reports
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 ...
Read More →
Products Knowledge Base
Guidance process for Notes of Accounts and Significant Accounting Policies (Non Company Case)
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...
Read More →
Products Knowledge Base
TDS – Interest Calculation
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...
Read More →
Products Knowledge Base
Procedure for Mapping Deductee Entry (Non Salary) and ( Salary)
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...
Read More →
Products Knowledge Base
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 Dupl...
Read More →
Products Knowledge Base
24G e-filing Process
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...
Read More →
Products Knowledge Base
26QB Filing Procedure
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 ...
Read More →
Products Knowledge Base
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 Challa...
Read More →
Products Knowledge Base
Password Protection for the software
Password Protection for the software The software provides facility to set password for secure login in Spectrum application. This would help any unauthorized p...
Read More →
Products Knowledge Base
Bank Details /Capital Gain Statement / NSC/KVP Details/ TDS details Viewing and Printing Process in the computation report
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...
Read More →
Products Knowledge Base
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 Anne...
Read More →
Products Knowledge Base
Process to File 10BB using ZEN IT Auditor
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...
Read More →
Products Knowledge Base
Process to File 10 B Audit Report
Table of contents Step 1 : Open the Income Tax Auditor Software and Go to Master → Consultant information option given in the menu bar Step 2 : Go to Transactio...
Read More →
Daily Bites
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 ...
Read More →
Products Knowledge Base
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 fr...
Read More →
Products Knowledge Base
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 hav...
Read More →