📄Income Tax

This page provides a step by step guide for FAQs related to 'Income Tax' menu in the Cloud portal

1. How to create a new financial year?

Step 1: Go to the ‘Income Tax’ and under the ‘Utilities’ click on the ‘Year End Transfer’

Step 2: Select the ‘Company Name’ and then click on the ‘Transfer’ button.

Next, you need to do section updation so that the financial year change will be reflected in the ESS portal properly.

Step 3: Go to ‘Income Tax’ menu, under the ‘Utilities’ click on the ‘Web Post’.

Step 4: Select the ‘Section Updation’ option, and click on the ‘Section Updation’ button and new financial year will be created.

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