View The Benefits of Gen GST Software For Taxpayers & Traders

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View the benefits of Gen GST software for taxpayers & traders, because Gen GST software is an economical solution for GST return filing and GST billing. https://saginfotech.blogspot.com/2020/01/gen-gst-software-benefit-taxpayers-trades.html

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View The Benefits of Gen GST Software For Taxpayers & Traders

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Under Section 201(1A), you must file interest if you delay the TDS deposit after deduction. From the date TDS is deducted until the deposit is made, interest will be calculated at 1.5% per month. There would be a computation based on how many days are in a month, not on how many days are in just a part of a month. If a TDS/TCS return is not filed within days of the deduction/collection, the person is fined Rs 200 per day. A step-by-step guide to calculating interest and late fees with Gen TDS Software is provided in this post. read blog: https://blog.saginfotech.com/calculate-interest-late-fees-gen-tds-software

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What is the simple definition of File Validation Utility (FVU)? You can validate your e-TDS/TCS return file using the File Validation Utility (FVU). It is part of the services offered by NSDL. In accordance with prescribed formats, the FVU verifies return files generated by deductors. In this way, you will be able to submit e-TDS/TCS returns with no errors. Gen TDS software can be downloaded from the Tax Information Department's website. Gen TDS Software is used to download and generate the FVU file. The basic definition of an FVU file and some basic steps were also discussed. Please visit: https://blog.saginfotech.com/download-generate-fvu-file-gen-tds-software

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It is very important to us that our ITRs are error-free. In many cases, we file our income tax returns at the last minute, which causes unwanted errors, such as failure to declare interest income, incorrect bank account numbers, improper deductions, etc. If you made a mistake while filing your ITR, don't worry. You can fix it under current I-T laws. In the event that you discover your mistake after filing your income tax return, you may be able to rectify it. Section 139(5) of the Income-tax Act, 1961, allows taxpayers to amend their income tax returns. We discussed how to use Gen I-T software to prepare your revised ITR in this post. visit to know more: https://blog.saginfotech.com/file-revised-itr-gen-it-software

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SAG Infotech offers exclusive discounts on a broad range of software solutions for CA professionals and experts every year. During CA (Chartered Accountants) day on July 1, 2023, selected tax, ROC/MCA, and payroll software will be 50% off, except GST. Chartered Accountants in India can avail of a 50% discount from SAG Infotech on CA Day 2023. Genius, Payroll, Comp Law, and XBRL are among the software included in this offer, but GST is not included. Please visit: https://blog.saginfotech.com/50-flat-discount-on-ca-day

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An income tax challan is a form used by the government in order to collect taxes. Taxes are received through challans, which are first deposited with authorized banks, then with the challans. By submitting the challan, you can pay the challan online through net banking or offline at designated bank branches. Using the Genius Software, here's how to complete form 29C and the challan details. In addition, we discussed a simple definition and how to fill out the form. Read also: https://blog.saginfotech.com/fill-form-29c-challan-details-genius-software

Complete Form 29C and Challan Details with Genius Software

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A TDS challan is a document that the person who deducts taxes from online payments. TDS challans were made online in 2004 to make compliance easier and reduce human error. ITNS 281 is the challan number used for TDS payments. After making online payments TDS challans can be downloaded easily. A taxpayer can download a challan and check its status through OLTAS or the income tax portal. Here in this blog, we have discussed how to add the details of challan using Gen TDS/TCS software. read more: https://blog.saginfotech.com/add-challan-details-gen-tds-software

Summary to Add Challan Details Through Gen-TDS Software

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A leading provider of tax software solutions, SAG Infotech's products include Gen GST, Genius, Gen Payroll, Gen CompLaw, and Gen XBRL. Over the past 20 years, SAG has established itself as an industry leader in software solutions, with a history dating back to 1999 and industry experience dating back to 1999. The company has been recognized and approved by esteemed organizations such as the Confederation of Indian Industry (CII), ASSOCHAM India Member, ISO 27001:2013, NASSCOM, and CAIT. The mission of SAG Infotech is to become a leader in the accounting and taxation sector by developing software and services tailored to the needs of chartered accountants, lawyers, and corporate secretaries. Please visit: https://sag-infotech.mozellosite.com/

SAG Infotech Product Include Tax, TDS, and GST Management Software

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Online Information and Data Retrieval (OIDAR) services would have become increasingly important in the digital era. The article provides a comprehensive overview of OIDAR services and their impact on Goods and Services Tax (GST) in India. Understanding the importance of services provided through the OIDAR and why GST registration is necessary for OIDAR providers. Learn how to register for GST both for Indian and foreign-based OIDAR service providers. Read also: https://saginfotech.blogspot.com/2023/06/oidar-services-gst-registration.html

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A prominent software that assists in filing TDS returns easily is Gen TDS; this software has all the specifications needed to assist. Additionally, Gen TDS is an easier and user-friendly software that allows you to submit TCS as well as TDS returns under the TRACES regulations. Check out the step-by-step instructions provided by Gen TDS Software for filing TDS (Tax Deducted at Source) returns. In addition, all original screenshots have been merged. https://blog.saginfotech.com/file-tds-return-via-gen-tds-software

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Gen GST, Genius, Gen Payroll, Gen CompLaw, and Gen XBRL are among SAG Infotech's patented tax software solutions. Over the past 20 years, SAG has established itself as a premier software solution company with a rich history dating back to 1999. In addition to CII, ASSOCHAM India Member, ISO 27001:2013, NASSCOM, and CAIT, it is recognized and approved by prestigious organizations. Chartered accountants, lawyers, and company secretaries will find SAG Infotech to be a leading provider of tax and accounting software and services. Read also: https://sag-infotech.mozellosite.com/

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In 1999, SAG Infotech began providing taxation software to clients in Jaipur, Rajasthan. With over 50,000 clients nationwide, the company has successfully built a client base over the years. SAG Infotech offers tax software solutions, including Genius software, a popular product. It includes a comprehensive tax filing solution that includes General income tax, General TDS, General CMA, and General balance sheet. https://saginfotech.jimdosite.com/

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In the modern era, people require ready data to perform their chores faster and easier. Diverse companies use a variety of software capable of executing their work. Furthermore, Chartered accountants use tax-related software to perform tax chores rather than doing them manually. It is common for chartered accountants to use distinct software for their work. As a result, the manual efforts are diminished to the last measure and time is saved. Find out which are the best income tax software for CA and professionals in India. We have also included user reviews of software prices. https://blog.saginfotech.com/best-income-tax-filing-software-professionals

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As one of India's leading tax software development companies, SAG Infotech provides cutting-edge tax software solutions to a diverse range of industry professionals and companies, including Chartered Accountants (CAs), Company Secretaries (CS), Human Resources (HR), and others. The SAG Infotech CA tax software portfolio is comprised of products such as Gen GST, Genius, Gen XBRL, and Gen BAL that offer high-quality service. With decades of seamless integration and government approval, these software solutions have been seamlessly integrated into clients' businesses. Please visit: https://saginfotech.bravesites.com/

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The purpose of TDS is to collect tax at the point of income generation. Tax at source is deducted at source from any payment that must be made to another person (deductee) by a person (deductor). The purpose of this post is to show you how to upload TDS/TCS returns online using DSC with Gen TDS Software. As a further service to taxpayers, we have attached some initial screenshots. Read also: https://blog.saginfotech.com/upload-tds-tcs-returns-dsc-gen-tds-software

Effortlessly submit TDS/TCS returns with DSC using Gen TDS Software

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It shows an account's balance at a specific point in time by looking at its general ledger. In a trial balance, all major accounting items are included, such as liabilities, revenues, expenses, assets, gains, and losses. A general ledger identifies the balance of credits and debits based on the transactions recorded at a particular point in time. Using Gen Balance Sheet Software, you can easily merge two trial balances. Professionals can also benefit from the software. Please visit: https://blog.saginfotech.com/how-merge-two-trial-balances-gen-bal-software

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ITRs can now be filed online via the Central Board of Direct Taxes' Excel utilities for ITR-1 (Sahaj) and ITR-4 (Sugam) for AY 2023-24. Utility programs could be downloaded from the website of the income tax e-filing. It was issued in February for the 2022-23 fiscal year by the income tax department to individuals, Hindu undivided families, businesses, and others. For FY 2022-23, the income tax department's Excel utility makes filing your ITR very simple. Moreover, we provide some information on how to file an ITR.

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With the implementation of e-invoicing in the GST framework, invoices are now generated electronically and seamlessly submitted to the GST portal for efficient record-keeping and enhanced compliance. Notably, the threshold amount of INR 5 crore, previously applicable for e-invoices, has been eliminated. Furthermore, the net turnover over Rs 5 crore in any of the previous five years will now be considered for determining the aggregate revenue limit, even if it falls under the exempted category. The recent Notification No. 10/2023, issued on 10th May 2023, sets 1st August 2023 as the effective date for these changes to take effect. This article aims to shed light on the tangible advantages of e-invoicing within the GST framework, primarily emphasizing its role in bolstering cash flow management. Read also more : http://saginfotech.wikidot.com/advantages-procedure-e-invoicing-under-gst

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It has always been GSTR-1 and 3B's mismatch that has been the Achilles' heel of GST. Several cases have been reported where the supplier transferred ITC through GSTR-1 even before taxes were refunded via GSTR-3B. There are discrepancies between GSTR-1 and 3B, some of which are due to tax payments, while others may be due to errors that result in tax payments not being made. ITC mismatch between GSTR-1 and GSTR-3B is now covered by GST rule 88C. We have also mentioned the deadline, opportunity, backdrop, etc. https://blog.saginfotech.com/gst-rule-88c

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Balance sheets are financial statements that show liabilities, assets, etc at a particular point in time. A balance sheet is used by investors to judge a company's capital structure and determine its returns. Check out the following guide to learn how to prepare a balance sheet using Genius Tax Software. As well as its purpose and benefits, we also discussed its advantages. Read also: https://blog.saginfotech.com/how-prepare-balance-sheet-genius-tax-return-software

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In India, income tax is a major source of income for the government. Individuals and companies are taxed on their income, as the name implies. ITRs (income tax returns) need to be filed every year, and there is a strict deadline for filing them. It is a legal requirement to file income tax returns on time. However, they are unaware that it has a number of other benefits as well. SAG Infotech's Managing Director, Amit Gupta, discusses in detail the importance of filing income tax returns on time.

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