Data Cleaning & Data Transformation
TaxReco’s Data Transformation Module can automate data cleaning and transformation activity, which is essential before TDS Payable reconciliation
BigData, Process Automation, Tax Audit, Tax Automation
Accounting Basics, Process Automation, Tax Automation
26AS Reconciliation – Issues & Solution
Issues faced in 26AS Reconciliation and their possible solutions using tax technology like TAN to PAN search
Accounting Basics, Accounting Process, Tax Automation, Tax Strategy, Tax Technology Startup
Decoding Tax Deducted at Source (TDS) for Beginners
The concept of TDS was introduced with an aim to collect tax from the very source of income. As per this concept, a person/company (deductor) who is liable to make payment of specified nature to any other person/company (deductee) shall deduct tax at source and remit the same into the account of the Central Government
Process Automation, Tax Automation, Tax Strategy, Tax Technology Startup, Tech Startup
Future of Tax Function
Technology has made inroads into every function of business. How can tax function stay away from this?
Accounting Process, Process Automation, Tax Automation, Tax Strategy, Tax Technology Startup
Objectives of Reconciliation Automation
While we are automating TDS Reconciliation (26AS Reconciliation & 34A Reconciliation) for customers – we would like to share recent experiences and instead redefine the purpose of automation.
Accounting Process, Process Automation, Tax Automation, Tax Law Changes, Tax Strategy
Pave your way through Clause 34(a)- The TaxReco way
Bringing technology into business for core administration tasks has been cited as one of the innovations that has rescued most corporate tax departments over the last two years…
Accounting Basics, Accounting Process, Process Automation, Tax Automation, Tax Law Changes, Tax Strategy
Clause 34(a)- Tax Audit Reporting- Nitty Gritty and Challenges Involved
Clause 34 of Tax Audit Report (Form 3CD) requires Tax Auditors to comment on the overall Tax Deducted at Source (TDS/TCS) compliances by the tax payers. In accordance with the guidelines issued by Institute of Chartered Accountants of India on this clause, the auditors ask for a reconciliation of Financial Statements with the TDS/TCS returns.
Process Automation, Tax Automation, Tax Strategy, Tax Technology Startup, Uncategorized
The Mighty #TaxAudit
The Mighty #TaxAudit – The Income Tax Audit for the FY 2020-21 is in the news again. The date is extended one more time and there is a sigh of relief everywhere. Here is a take on what makes the tax audit a lengthy process.
Tax Automation, Tax Technology Startup, Tech Startup
Is customer led approach right way to build a product?
TaxReco is a SaaS tax platform to disrupt the way tax departments of Indian companies works. TaxReco has a vision to automate all tasks done manually in excel sheets and require an audit trail to be maintained by eliminating repetitive, non-productive activities.
Accounting Basics, Tax Automation
TaxReco Industry Talk Series – Importance of 26AS Reconciliation
TaxReco Industry Talk Series – TaxReco in discussion with Mr. Dauji Gupta of AF Ferrari Secure Logitech Pvt. Ltd. discussing Importance of 26AS Reconciliation