Version 5.09 of Saral TaxOffice software has been released on 28th July 2010. The release notes are provided here for the reference.
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Release Note for Saral TaxOffice
Income Tax
Enhancements:
- In Remuneration settings option is provided to calculate remuneration as per provision applicable for F.Y. 2009-10 or F.Y. 2010-11. (This is applicable from A.Y. 2010-11)
- It is observed that some of the clients have not entered depreciation as per Income tax (in schedule of Income tax - in computation of income) which is mandatorily to be filled, if the assessee is claiming depreciation.
Important Note on Basic things to be observed while filing ITR - in case of Assessee having Income from Business/Profession:
- Only entering depreciation amount as a single amount in profit and loss account is not the sufficient compliance of ITR
- Block wise depreciation amount to be entered in computation > In Business and profession screen > Deductions > Depreciation as per Income Tax Act.
- Add Back depreciation in profit and loss account - by making an entry in computation > Business and profession screen > Additions > Depreciation as per profit and loss account.
To avoid making mistakes by Data entry operators, we are herewith adding an item in Missing Mandatory error reporting - if in case data is there in ITR Part A – P&L > Depreciation and no entry is made in ‘Depreciation as per income tax act’
Details of Version 5.08 is available here >> |
