Indian Tax Reports - An overview

Reports are the most essential requirement for the management of any organization.  They  give detailed information in an organized manner. The following reports are generated.

Form12BA

This activity enables you to generate Form 12BA showing details of perquisites, other fringe benefits or amenities and profits in lieu of salary earned by the employee for a financial year.

Form16

This activity enables you to generate a report on Form 16 details of all the employees for a tax year. It displays the details of tax deducted at source from the income earned by the employee under the income head “Salaries” for a tax year.

Form 24

This activity enables you to generate Form 24 report. It displays details of the annual return of “Salaries” under section 206 of Income tax Act.1961. You can view and print the report.

Getting familiar with the activities inside