Financial Year Selection/Change Process

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:
  1. Launch the ExpressTDS application and select the Deductor you wish to work with.



  2. Navigate to the top-right corner of the interface, where the Financial Year dropdown menu is located.



  3. From the dropdown menu, select the appropriate financial year as per your requirements.
  4. 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 || TDS Rate Finder

      TDS Rate Finder Step 1: Open your web browser and navigate to https://www.expresstds.com/ Step 2: Select the Rate Finder option from the menu. Step 3: Fill in the required details using the dropdown menus: Financial Year: If the transaction date is ...
    • ExpressTDS || Renewal Process

      Renewing your ExpressTDS subscription is a seamless process designed to ensure uninterrupted access to the platform’s comprehensive features and services. Follow these detailed steps to complete your subscription renewal effortlessly. Steps to Renew ...
    • 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 ...