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Stock Item (TDS)

Stock items with TDS details can be created only if it is configured on the Company TDS Deductor Details page.

1. Go to Gateway of Tally > Inventory Info. > Stock Item > Create .

2. Enter the Name .

3. Select a stock group from the List of Stock Groups in the Under field.

4. Select a unit of measurement in the Units field.

5. Enable the option Set/alter TDS details . This option appears only when you have set Activate TDS for stock items to Yes , in the TDS Deductor Details screen of Statutory and Taxation features.

6. Select the Nature of Payment from the List of Nature of Payment .

7. Press Enter . The Stock Item Creation screen appears as shown below:

8. Press Enter to save the details.