Income Tax - New Financial Year

Income tax transfer for new financial year

This page provides the steps to change the financial year for income tax calculations.


โœ”๏ธ Admin credentials

โœ”๏ธUser rights

Note - Kindly contact your Admin/ HR for rights if you are not able to perform the steps below.

How to change the financial year for income tax calculations?

Step 1: Go to 'Income Tax' > 'Utilities' > 'Year End Transfer'.

Step 2: Select the checkboxes for the companies and click on the 'Transfer' button to complete the process.

Note: If you are unable to transfer the income tax calculations to the next financial year, kindly contact us at

How to do the Challan Entry?

Log into the cloud portal, click on the โ€˜Income Taxโ€™ menu and then select the โ€˜Transactionโ€™ sub-menu followed by the โ€˜Challan Entryโ€™ option.

Click on the โ€˜+โ€™ button to add the month-wise challans. A pop-up window will open.

Fill in the details in the form and click the โ€˜Saveโ€™ button.

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