Module
Tax & GST
Tax is worked out from the books, not compiled by hand at the deadline. Each line carries its GST treatment, tax deducted at source is tracked from deduction to remittance, and the corporate income tax computation follows the accounts.
What stands out
GST worked out line by line
Each line carries its GST treatment, including input credit the GST Act blocks, and the return is built from the books.
TDS from deduction to certificate
Tax deducted is tracked to its remittance and certificate, with what is still outstanding always in view.
Corporate income tax with its workings
The computation, tax depreciation and deferred tax working follow the accounts, and a filed return is kept as filed.
Rules dated by year
Rates and treatments change from a date, so a past year is always worked out under the rules in force then.
| Line | Value (Nu.) | GST (Nu.) |
|---|---|---|
| Taxable sales | 4,860,000.00 | 243,000.00 |
| Exempt and zero-rated sales | 615,000.00 | 0.00 |
| Purchases with input credit | 2,940,000.00 | 147,000.00 |
| Credit blocked (GST Act s.34) | 182,000.00 | 9,100.00 |
| Import GST paid at customs | 410,000.00 | 20,500.00 |
What it handles
- GST returns
- TDS remittances and certificates
- Corporate income tax returns
- Tax treatments by item and supply category
- Import tax on landed costs
Reports it gives you
- GST Return Summary
- Input and Output Tax Registers
- Input Tax Not Credited
- TDS Deducted, Outstanding and Remitted
- Corporate Income Tax Computation
- Tax Depreciation Schedule
- and more
Over 250 reports across Infinates, with charts, drill-down to the documents and export to Excel and PDF.
Works with
Tax & GST feeds
Tax & GST is fed by
Used in
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