Popular Posts

Saturday, 3 August 2013

Tax Audit in Tally.ERP 9




The Tax Audit feature in Tally.ERP 9 enables the user to compile information in comparatively less time with the required accuracy to form the right opinion. From the vast data available, the required information that needs to be reported can be identified and extracted precisely.
While conducting Tax Audit in Tally.ERP 9, the Auditor and other users can examine, review, analyse the books of accounts and other records with a view to compile information and data required to be reported in Form 3CD, and thereupon express an opinion wherever required.
In Tally.ERP 9, the following clauses are available as Annexures with respect to Form 3CD:
  • Bonus, PF, ESI Recoveries (Clause 16)
  • Amounts debited to P&L a/c  (Clause 17)
  • Payments to Specified Persons (Clause 18)
  • Payments u/s 43B (Clause 21)
  • Employer’s Contribution
  • Tax Collected at Source
  • Service Tax
  • Value Added Tax
  • Loans / Deposits Accepted (Clause 24(a))
  • Loans / Deposits Repaid (Clause 24(b))
  • Tax Deducted at Source (Clause 27)
Apart from these Annexures to Form 3CD, a separate section - Verification of Vouchers is provided in Tax Audit Dashboard that covers Clauses not covered in the list specified above. 

5 comments:

  1. Thanks for sharing the information about Tax audit. it was helpful.

    ReplyDelete
  2. The informative content you are sharing. Keep updating.
    Accountant in Perth

    ReplyDelete
  3. Your website is very good and nice information was provided in your site, thanks for sharing.
    Tally ERP Training in Ameerpet, Hyderabad

    ReplyDelete
  4. Mazenet, Authorized Five Star Sales and Service Partner for Tally in Coimbatore, Tally Accounting Software
    is popular for all businesses.

    ReplyDelete
  5. Here is the investors contact Email details,lfdsloans@outlook.com.  Or Whatsapp +1 989-394-3740 that helped me with loan of 90,000.00 Euros to startup my business and I'm very grateful,It was really hard on me here trying to make a way as a single mother things hasn't be easy with me but with the help of Le_Meridian put smile on my face as i watch my business growing stronger and expanding as well.I know you may surprise why me putting things like this here but i really have to express my gratitude so anyone seeking for financial help or going through hardship with there business or want to startup business project can see to this and have hope of getting out of the hardship..Thank You.

    ReplyDelete