TDS (Tax Deducted at Source) in Tally.ERP 9 provides an easy-to-use and flexible interface.

It elps you to andle intricate cases and calculate te tax payable to te Inco!e Tax
Depart!ent.
Tally.ERP 9 calculates te tax of all parties" suppliers #ere TDS deduction is !andatory. It
calculates te TDS auto!atically and prints $or!%&' certificates( $or!s )&*( )+*( )&( )+
and )+' (,over -ote) for *uarterly" 'nnual Returns as per statutory re.uire!ent.
It allo#s te user to vie# and print various TDS reports( ,allans and TDS /utstandin0
state!ents.
Features of TDS in Tally.ERP 9
Te TDS functionality in Tally.ERP 9 supports te follo#in0 features1
1. Si!ple and user-friendly.
2. *uic2 and easy to set up and use.
3. 'ccountin0 for tax pay!ent of bills.
4. $lexibility for assisted calculation of TDS.
5. ,o!plete trac2in0 of eac transaction fro! deduction to pay!ent.
6. ,allan !ana0e!ent and printin0 for pro!pt and accurate filin0 of tax.
7. Te 'uto allocation feature prevents error-prone data entry and elps trac2 te
transactions faster.
8. $or! %&' !ana0e!ent
9. Electronic for!at (e-TDS return) #it Form 26Q, 27Q, 26 and Form 27 and #ic
#ill be validated by te utility( provided by te 0overn!ent.
10. 3enerates $or! %&'( TDS ,allan( TDS ,o!putation and TDS Payable reports.
To enable TDS in Tally. 3o to Gateay of Tally! F""# Features! F$# Statutory %
Ta&ation
In te 'om(any )(erations *lteration screen(
%. Set Enable Ta& Dedu+ted at Sour+e ,TDS- to .es.
). Enable Set/*lter TDS Details to .es.
4. Enter te TDS dedu+tor details in 'om(any TDS Dedu+tor Details screen.
TDS Statutory Masters
Inco!e Tax #ill be deducted at source based on te rate defined in te 'ct( for te Deductees(
a0ainst te -ature of Pay!ents. 5ence to account TDS transactions( every pay!ent and te
party to #o! te pay!ent is !ade needs to be identified a0ainst te -ature of pay!ent and
deductee type as defined in te 'ct.
In Tally.ERP 9( all te -ature of Pay!ents and Deductees Types (as defined under te 'ct)
are provided as Statutory 6asters. Tese Statutory 6asters #ill be loaded into Tally.ERP 9
durin0 co!pany creation( #en te Statutory +om(lian+e for is set to 0ndia. /n enablin0
TDS $eature in $%%1 Statutory 7 Taxation features( TDS Statutory !asters #ill be available
for selection durin0 ,reation of Expenses( Party and TDS led0ers.
To vie# Statutory 1asters
Go to Gateway of Tally > Display > Statutory Info
Te Statutory 0nfo. Dis(lays te follo#in0 options1
TDS -ature of Pay!ents
Deductee Types
To vie# TDS 2ature of (ayment1
3o to Gateay of Tally ! Dis(lay ! Statutory 0nfo. ! TDS 2ature of Pymt
%. Select any desired type fro! te list of TDS 2ature of Payments to 0o to TDS
2ature of Pymt Display.
). Te display #indo# co!prises fields suc as 2ame, Full 2ame, Se+tion, Payment
'ode, Sin3le 4ill 5alue 6imit and Se+tion 2ame of te nature of pay!ent selected.
To vie# Dedu+tee Ty(es
3o to Gateay of Tally ! Dis(lay ! Statutory 0nfo. ! Dedu+tee Ty(es
1. Select te Dedu+tee Ty(e ,For e.3., sele+t 'om(any Resident-. fro! te 8ist of
Deductee Types.
Creating an Expense Ledger
To ,reate a TDS E&(ense 6ed3er
3o to Gateay of Tally ! *++ounts 0nfo. ! 6ed3ers ! 'reate
Enter te 2ame of te expense led0er e.0. *d7ertisement E&(enses.
In 8nder field select te 0roup 0ndire+t E&(enses fro! te 8ist of 3roups.
Set 0n7entory 7alues are affe+ted to 2o.
Set 0s TDS *((li+able to .es.
In Default 2ature of Payment field select Payment to 'ontra+tors ,*d7ertisement
'ontra+tors- fro! te 8ist of TDS -ature of Py!t.