Deprication chart (Businee and profession) - data not importing through balance sheet (Formats)

Deprication chart (Businee and profession) - data not importing through balance sheet (Formats)

Deprication chart (Businee & profession Income) -  data not importing through balance sheet (Formats)



Possible Solution

In the case of the company, if the depreciation chart is not being imported from the Balance sheet (formats), then it may be because that Block of asset has not been selected.

Open the Income Tax software - Go to Transactions → Balance sheet → Formats >Fixed Asset Chart  option given in the menu bar.




Now click on detail of addition  (new deprecation chart first time)



Select Block of asset 



Now Go into transaction → business and profession → deprecation chart   and click on  "import from balance sheet"






Hope this Helps

    • Related Articles

    • Deprecation calculation as per companies act 2013 in Income Tax

      Deprecation calculation as per companies act 2013 Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life. The depreciable amount of an asset is the cost of an asset or other amount substituted for cost, ...

    • XML Tally Data Import - Tally Prime

      To import Trial Balance using XML Tally through Tally Prime, you are requested to please export the Trial Balance and List of account from Tally Prime application and then import the same in Zen IT Software. To Export Trial Balance using Tally Prime ...

    • Trial Balance import error - "Please unlock the Schedule before Importing Trial Balance

      Trial Balance import error - "Please unlock the Schedule before Importing Trial Balance Possibile Solution -  Step 1 - Go into Transactions >> Balance Sheet > Schedules  Step 2 - Now unlock schedule  If still problem persists then refreshassessment ...

    • In Income Tax Software how to Import Trial Balance from BUSY Software?

      Solution: Regarding this please export the excel sheet through BUSY Software. For Export Busy Excel file please follow the steps below:               Once all the data is exported successfully, Import the same in Trial Balance. For this Go to ...

    • 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 Tally.ERP 9 to Income Tax Auditor Software.This happens when ODBC and Tally.ERP 9 are not ...