New Stat.900 Version is available free for existing Tally User
Major Enhancement are :
Excise for Dealers/ Importers
- As per statutory rules, new XML schema is provided to include the return type Importer.
Since the same schema is applicable to dealers for filing e-returns, the e-return feature is enhanced with the necessary changes.
Payroll
- As per the Union Budget 2014-15, changes to exemption and deduction limits of Income Tax are supported.
- In Sahaj (ITR1) a new field is introduced to capture sec 80EE under Part C of Deductions and Taxable Total Income.
Tax Deducted at Source
- As per the requirements of e-TDS/TCS FVU Version 4.3, new state code 36 for Telangana has been added and the same gets displayed in Form 26Q, Form 27Q, Form 27EQ and Form 24Q e-returns.
Vat
Haryana :
- The value of entries recorded using the following VAT/Tax Classifications are displayed in the relevant forms:
- Purchase @ 8% Tax Rate / LP-7A-8%
- Purchase – Works Contract @ 8% Tax Rate/LP-7A- Works Contract @ 8%
- Purchase of Goods at Lower Rate of Tax – 8% / LP-7B-8%
- Purchased in the Course of Inter-State Trade @ 8%/ LP-3-8%
- Purchased Outside the State (for Sale Outside) @ 8%/ LP-1-8%
- Sales @ 8% Tax Rate / LS-9A-8%
- Sales – Works Contract @ 8% Tax Rate/ LS-9A- Works Contract @ 8%
- Sale of Goods at Lower Rate of Tax – 8% / LS-9B-8%
- Sale of Goods to Unregistered Dealers @ 8% Rate / LS-9C-8%
- Sale of Goods to Unregistered Dealers @8%Lower Rate / LS-9C-8% (Lower Rate)
- Sale Outside the State (of Purc Outside State) @ 8%/ LS-1-8%
- Sale in the Course of Inter-State Trade @ 8%/ LS-2-8%
Rajasthan :
- Effective from 14th July 2014, the following new VAT/Tax classifications are provided to support new VAT rate of 2.5% on all types of used motor vehicles
- Purchase Tax @ 2%
- Sales @ 2% / Output VAT @ 2%
- Sales – Works Contract @ 2% / Output VAT – Works Contract @ 2%
- Purchase From URDs – Taxable Goods @ 2%
- Purchases @ 2% / Input VAT @ 2%
- Purchases @ 2% (Lease) / Input VAT @ 2% (Lease)
- Purchases – Capital Goods @ 2%
- Interstate Purchases @ 3%
- Purchases from URD – Taxable Goods @ 3%
- Purchases @ 3%
- Purchases @ 3% (Lease)
- Purchases – Capital Goods @ 3%
- Input VAT @ 3%
- Input VAT @ 3% (Lease)
- Interstate Purchases @ 2.5%
- Purchases from URD – Taxable goods @ 2.5%
- Purchases @ 2.5%
- Purchases @ 2.5% (Lease)
- Purchases – Capital Goods @ 2.5%
- Input VAT @ 2.5%
- Input VAT @ 2.5% (Lease)
And more….