TallyPrime provides you with the option to track the threshold limit for a party. TCS will be automatically calculated when the sales exceeds the threshold limit (Rs 50 lakhs, for instance) for the party across transactions.You now have the choice to calculate TCS on either realisation/receipt...
Calculate how your buying power has changed over the years. Maryalene LaPonsieJan. 23, 2025 What to Do if You Fall Behind on Bills The most important thing you should do is stay in touch with your creditors and prioritize your payments. Geoff WilliamsJan. 22, 2025 7 Signs You're Making...
Integrated GST (IGST)is crucial for inter-state transactions. It is collected by the central government and applies not only to sales across state lines but also to imports and exports of goods and services. The IGST rate is equivalent to the total GST rate applicable to the product or servi...
These revised invoices replace the original ones and must be used to report the sales in GST returns, pay the applicable GST, and allow B2B customers to claim ITC. The revised invoice must be clearly labelled as a “Revised Tax Invoice” to ensure compliance. GST Invoicing Under Special Cases?
It is very useful to the Organisation for calculate the Production efficiency, idle time, Cost control, Sales Improvement and Financial Position also. Financial Statements are one of the part in the MIS. Was this answer useful? Yes Reply...
Listed below are the steps to calculate advance tax: Determine the Income:Determine the income you receive other than your salary. It’s important to include any ongoing agreements that might pay out later. Minus the Expenses:Deduct your expenses from the income. You can deduct expenses related...
You need to calculate and avoid over-customization when you need to renovate your home. If you are planning to sell your property in the near or distant future, be sure to avoid these mistakes when renovating your home. Also read:- Budget 2022: FM allocates Rs 48,000 cr to boost ...
This value can then be multiplied by 3 to arrive at the stability band within which the error will remain for 99.73% of the time the load is controlled. This 3-sigma value is then published in the data sheet as the typical (TYP) temperature stability. Once converted, calculate the error...
Net Tax Liability= Total Income Tax Liability (as above) – TDS/TCS/Advance Tax/Tax Relief Note: that ITR-U cannot be used to show a loss return, claim income tax refund and so on. When can an Updated ITR be filed? An Updated Returncan be filedin the following cases: ...
The main task of this bot is to calculate and track the profit and loss (P&L) of my business on a weekly basis. Key Requirements: - Create a Solana bot that can process P&L calculations - Track revenue and expenses - Calculate profit margins - Automate the task of calculating and ...