The great capabilities of the Tax Deduction at Source (TDS) feature of Tally.ERP 9 deliver an impressive experience.
You can:
Deduct Tax at Source while booking expenses
Deduct Tax at Source in a single voucher at the end of the month for all TDS related Payments/Expenses booked
Split the amount to more than one nature of payment (including part payment exempt from TDS), while making a payment to one expense head (ledger)
Record both TDS related and non-TDS related payments in a single Voucher
Manage TDS for Non-Resident (Sec.195) payments
Reverse TDS
Manage retrospective TDS surcharge calculation once the surcharge limits are crossed
Manage exceptions Lower or zero rated TDS, ignore IT & surcharge exemption limits for specific parties
Create a single TDS duty ledger to deduct TDS for all nature of payments, via the option
Export to Excel forms 26, 26Q, 27, 27Q and 16A
These reports are available:
Computation report to better manage TDS deductions
TNS 281 -TDS Challan
TDS Outstanding
TDS Exception Reports for example TDS parties not having PAN details
Form 16A
Form 26 & related Annexure
Form 26Q & related Annexure
Form 27 & related Annexure
Form 27Q & related Annexure
e-TDS
Form 27A
Combined with FBT, TCS, CST, VAT, Service Tax, Excise for Dealers, Excise for Manufacturers and others, Tally.ERP 9 comes with complete statutory taxation coverage. |
