Importing Trial Balance directly from Tally: User can eliminate repetitive work by importing the trial balance from Tally directly and preparing financial reports like the balance sheet, profit and loss, trading account, etc. To import the trial ...
Important Notes in case of Presumptive Income (44AD / 44AE / 44ADA) who cannot file ITR-4 Income from more than one house property, or Income from winning of lottery or income from Race horses, or Income taxable under section 115BBDA, or Income of ...
What is Schedule Asset and Liabilities and when it is applicable? The Income Tax Department introduced Schedule AL from A.Y. 2016-17, which pertains to Assets and Liabilities (Schedule AL) in ITRs. This section is applicable when the total income ...