ExpressTDS || Financial Year Selection/Change Process
A financial year is a twelve-month period used by governments, businesses, and organizations for budgeting, financial reporting and tax calculations.
In India, the financial year begins on April 1 and ends on March 31 of the following year.
To Select/Change the financial year in the ExpressTDS application, follow these steps:
- Launch the ExpressTDS application and select the Deductor you wish to work with.
- Navigate to the top-right corner of the interface, where the Financial Year dropdown menu is located.
- From the dropdown menu, select the appropriate financial year as per your requirements.
- Proceed with your tasks using the selected financial year.
This guide outlines the process for selecting or changing the financial year in ExpressTDS.
Related Articles
Income Tax || Assessment Year Selection
The Assessment Year (AY) is the 12-month period that follows the Financial Year (FY). During this time, income earned in the Financial Year is assessed and taxed. Both FY and AY commence on 1st April and end on 31st March of the subsequent year. For ...
ExpressTDS || Outstanding Demand
Process to Check Outstanding Demand in ExpressTDS In Express TDS, an Outstanding Demand refers to a notice issued by the Income Tax Department when there is a discrepancy between the TDS (Tax Deducted at Source) reported by the deductor and the TDS ...
ExpressTDS || Interest Allocation Process
Interest Allocation Process Step 1: Navigate to Deductor Master Access the Deductor Master from the main menu. Select the relevant company or deductor. Go to Return Summary and choose the created return. Step 2: View the Created Return Locate the ...
ExpressTDS || Data SYNC Process
Data Sync Process Syncing TDS Returns, Acknowledgments, Challans, PAN Status, Notices and Orders and Raised Request Status data in the ExpressTDS software ensures your records remain accurate and up-to-date. Follow these steps to complete the data ...
ExpressTDS || Change Personal, Contact, Organization Information, and Login Password
How to Change Personal, Contact, Organization Information, and Login Password in ExpressTDS To keep your personal, contact, and organization information, as well as your login password up-to-date in ExpressTDS, follow these steps: 1. Access Profile ...