Tax Deducted at Source
(TDS) The Tax Deduction at Source
(TDS) features of Tally.ERP 9 delivers a
phenomenal experience and great capabilities:
You can:
• Deduct TDS at the same time, while booking
expenses
• Deduct TDS in a single voucher at the
end of the month for all TDS related Payments/
Expenses booked
• While making a payment to one expense
head (ledger) the amount can be split to
more than one nature of payment (including
part payment exempt from TDS)
• Record both TDS related and non-TDS related
payments in a single Voucher
• Manage TDS for Non-Residents (Sec.195)
payments
• Reverse TDS deducted
• 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
• Use the option to create a single TDS
duty ledger to deduct TDS for all nature
of payments
• Excel export forms 26, 26Q, 27, 27Q and
16A
These reports are available:
• Computation report to better mange 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 TDS, TCS, VAT, FBT, Service
Tax, Excise for Dealers, Excise for Manufacturers
and others, Tally.ERP 9 comes with complete
statutory taxation coverage. |