To get started, you have to enable the Tax Collected at Source (TCS) module in Tally.ERP 9 and enter your company's registration details.
Go to Gateway of Tally > F11: Features > Statutory and Taxation.
In the Company Operations Alteration screen, set Enable Tax Collected at Source (TCS) to Yes.
Enable the option Set/alter TCS details.
The Company Operations Alteration screen appears as shown below:
Enter the TAN registration number.
Enter the Tax Deduction Account Number (TAN).
Select the Collector Type.
Enable the option Set/alter details of person responsible.
Enter the details as shown below:
Press Enter.
Enable Ignore IT Exemption Limit, if required.
Press Enter.
The TCS Collector Details screen appears as shown below:
Press Ctrl + A to save the details.
For more TCS configurations, click here.
'Enabling TCS' has been shared with
