WebJan 13, 2024 · The Puja Expenses incurred by an assessee can be allowed as an expenditure, depending on the facts & circumstances of the case as per section 37 (1) of the Income Tax Act, 1961 (for short ‘the Act’). Recently, in Deloitte Haskins & Sells vs. ACIT (2024) 155 TR (A) 609 (Mum ‘L’- Trib), it had been observed that on the facts of the case ... WebPress F8 (Tax Config): to view the Tax Configuration screen. Press Alt+A (Add Ledger): To select and configure any ledger for income tax. For example, conveyance can be paid as …
Tally Ledger Groups List (Ledger under Whose Head)
WebTally.ERP 9 does not support if you want to calculate your own income tax but you can export your profit and loss account to excel file for calculating your ... WebMar 28, 2024 · Sales Account. All types of Sales Accounts like. Sales Local 12 % (Registered) Sales Interstate 12%. Sales Local Nil Rated. Sales Interstate Nil Rated. Salers Export With Bond. Salers Export Taxable. In tally Display Statement of accounts Outstanding Receivables Select period F6 … How to See Ledger Name or Group? (Tally mein ledger kaise dekhney haiटैली में लेजर … flucloxacillin fachinfo
Configuring Income Tax Components - Pay Head …
WebDec 28, 2024 · MAT is Minimum Alternate Tax which a company is required to pay if its tax payable as per normal provision of the income tax act is less than the tax computed at 18.5% of the book profit. MAT is levied under section 115JB of the income tax act and it is calculated using the entity’s book profit as under: Book profit is increased by the following: WebMar 28, 2024 · Duties and Taxes : All classes of Taxes like : INPUT CGST SGST IGST CESS : OUTPUT GST SGST IGST CESS : Excise Mandatory Payable etc : Service Tax Payable TDS Payables Input Vat Accounts Output Transportation Accounts Cenvat Customer : Marketing tax : Income Tax : VAT Paid Manage Expenses OR Expenses(Direct) WebJul 3, 2024 · 1. Depreciation computed as per Income Tax Law (including additional depreciation) 2. Agricultural Income (exempt as per Income Tax Law) 3. Dividend/Interest/Income from Lottery or any income chargeable to any other heads other than PGBP charged to P/L. 4. Income tax refund (including it’s interest) 5. Deductions … green eats orchard park ny