Holding tax receipt download

  1. ICICI Direct : Login, Download Holding Statement, Tax P&L Report and Contract Note.
  2. Account for withholding tax on sales invoices


Download: Holding tax receipt download
Size: 39.18 MB

ICICI Direct : Login, Download Holding Statement, Tax P&L Report and Contract Note.

You can open a trading account online on ICICI Direct by following these steps: • Visit the ICICI Direct website. Navigate to the • Enter your details. Fill mandatory details such as : -Email id -Mobile no. -Pincode • OTP Verification. Enter OTP which is sent on your registered mobile number. • Set a Password. Create a new login password. • Link your Bank Account. If you have an ICICI bank account then enter the account number. and Click on ‘Next’. • In case you don’t have an ICICI Bank account. Click on Continue. Provide ICICI Direct with access to DigiLocker by logging into your DigiLocker account. • Complete DigiLocker Identification. Finish the DigiLocker Identification and Click on ‘Continue’. • Upload PAN and Photo. Fill in your personal and financial details. • Complete an In-Person Verification (IPV) on webcam. E-sign using your Aadhar Number in order to complete registration. • ICICI Direct Login. After 24 hours, you can navigate to their Find the best plan Explore How to download Holding Statement for ICICI traders? ICICI Direct allows you to download your holding statement in order to understand your investment transactions. Therefore, you can download the statement using the following steps: • Login to your ICICI Direct Account with your User ID and Password • Visit the Customer Service Page. • Click on ‘Transaction Statements’ link under “Statement” • Select ‘Equity / Derivatives’ in the Drop Down. • You will be able to view the transaction statements. You wou...

Account for withholding tax on sales invoices

Some tax authorities require withholding tax (also called tax withheld at the source) to increase tax law compliance and secure earlier receipt of tax revenues. In simple terms, customers are required to withhold a portion of the balance due on sales invoices and pay that portion directly to the tax authority. Then, either the customer or the tax authority provides certification of payment of withheld amounts to the supplier. The supplier reduces subsequent payments of its tax liabilities by amounts already paid on its behalf by customers. Withholding tax may be a form of advance payment of income taxes, value added taxes, goods and service taxes, or some combination of these and other types of tax. Because the entire process involves both customers and suppliers, Manager supports withholding tax accounting through both its sales invoice and purchase invoice processes, though procedures are somewhat different. Notes As implemented in Manager, withholding tax does not refer to deductions on payslips of taxes due from employees. These are referred to as Payslip Deduction Items and are explained in Withholding tax cannot be applied on cash receipts, because the full amount of the transaction must be recorded. Further, cash receipts cannot be associated with individual customers’ subaccounts as withholding tax must. As a seller or supplier who issues sales invoices indicating the need to withhold tax, you must do four things: • Activate withholding tax accounts. • Use withhold...