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Enabling TCS [TCS] in Tally.ERP 9

To enable TCS in Tally.ERP 9:

Go to Gateway of Tally > F11: Features > F3: Statutory & Taxation

  1. In the Company Operations Alteration screen:

    • Set Enable Tax Collected at Source to Yes.

    • Enable Set/Alter TCS Details to Yes.

 
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  1. Press Enter to view Company Deductor/Collector Details.

In the Company Deductor/Collector Details screen:

  • Enter the Tax Deduction and Collection Account Number. The Tax Deduction and Collection Account Number (TAN) is a 10-digit alphanumeric number, issued by the Income Tax Department (ITD) to the collectors.

If the format of the TAN number is not correct, then Tally.ERP 9 will display you the error message as shown below:


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  • Head Office Tax Deduction and Collection Account Number: In this field enter the head office Tax Deduction and Collection Account Number if any.

  • TAN Registration Number: Enter the TAN Registration number in this field.

  • Enter the Income Tax Circle/Ward (TCS). This is issued by the Income Tax Department

  • Select the Collector Type from the List of Company Type.

  • Is Proprietorship Firm: Set this option to Yes if the concern is a proprietorship firm.

  • Enter the Name of person responsible for filing the TCS returns. If the concern is a proprietorship concern, then the name of the person responsible will appear instead of the Company Name in the TCS forms and returns generated using Tally.ERP 9.

  • Son/Daughter of : In this field, enter the name of the parent of the person responsible for filing TCS returns.

  • Enter the Designation of the person responsible for filing of the TCS returns.

 
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    • Press Enter to Accept.

  1. Set Enable Value Added Tax (VAT) and Set/Alter VAT Details to Yes,  as VAT is levied on the sale of TCS Nature of Goods.

 
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  1. Press Enter to accept and save.

 
 
 
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