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https://help.tallysolutions.com/docs/te9rel51/Creating_Masters/Inventory_Info/Statutory_Info..htm

Statutory Info.

Statutory information that is required for a company can be created and managed from here. On enabling a statutory module in F11 (Features) > F3 (Statutory and Taxation), the corresponding options are available in the Statutory Info. menu.

The Statutory Info. menu appears as shown below:

You can create, alter and delete statutory info. as required.

To know more about creating statutory info. click a link below:

Excise Duty Classification

TDS Nature of Payment

TCS Nature of Goods