This page provides all the FAQ related to TCS.
7. When a single payment voucher was recorded for parties whose deductee type belong to company and non-company with the same challan details, there was an error while validating the exported E-TDS text file using the FVU E-TDS/TCS validation tool provided by the department. How to resolve this?
As per the notification from the Director General of Income Tax (Systems), a separate payment is required for corporate and non-corporate deductees. A single payment can not be made for both type of deductees having the same challan details.
If a user is recording the TDS duty payment for both company and non-company deductees in a single voucher (Manual), the challan details need to be provided with suffix or prefix in Challan Reconciliation report before generating the E-TDS/TCS text file from Tally.ERP 9. In the exported E-TDS/TCS text file, user has to remove the challan number suffix or prefix details and save the file. This text file can now be validated successfully.
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