[GNC] Tax report for India
Paras Desai
DesaiParas at outlook.com
Wed Oct 11 12:27:33 EDT 2023
Hello friends
I was trying to find work around for getting summary of taxable income at the end if financial year end. I tried following
1. I put In discerption field as "TAX" while creating different income accounts for incomes which are taxable (like salary, capital gain, interest, annuity etc)
2. So practically, while posting income, I seperate them out as taxable and non taxable
3. I also selected "Tax" in tax report for such accounts though it is for USA, but just to identify such income
as taxable
4. When I run tax report all report generated with INR value in peranrhesis as part of text, and income as 0, because it took currency as USD.
5. I tried to run account summary / transaction report with filter word as Tax, but could not generate desired report.
Is there any good and efficient way to achieve my above mentioned objective?
Thank you in advance for your kind attention
With best regards
Paras
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