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TallyPrime 5.0 automates TDS calculation under Section 194Q, ensuring compliance with Finance Bill 2021. Easily calculate TDS on transactions, manage threshold limit and exemptions, and file returns seamlessly.
https://help.tallysolutions.com/docs/te9rel53/Licensing/configure_license.htm

Configuring Tally.ERP 9 License

The option Configure Existing License is used in a LAN environment to configure an existing license from the Gateway Server.

To configure an existing license using Gateway Server

1.     Start Tally.ERP 9.

2.     Click C: Configure Existing License in the Startup screen.

3.     Select Gateway Server in the Configure field.

The Configure Existing License screen appears as shown below:

4.     Enter the Server Name/IP and Port number in the respective fields.

5.     By default, Tally.ERP 9 sets the port to 9999. To use another port, specify the required port number. Alternatively, click F2: Gateway Servers to list the compatible gateway servers.

6.     Click Yes to save the details.

Tally.ERP 9 license is configured, and the license details are displayed in the Information Panel.

To configure an existing license using the License File of 4.93 or older releases

1.     Select License File in the Configure field.

Note: The license file path provided should be from the local system.

2.     Enter the license file path of Tally.ERP 9 Release 4.93 or older releases in the License File path field.

3.     Click Yes to save the details.

4.     Click Yes for the message Do you want to restart Tally.ERP 9 for the changes to have effect ? which appears.

Tally.ERP 9 license is configured, and the license details are displayed in the Information Panel.

Coexistence of License

To use Tally.ERP 9 Release 5.0 and any of the older releases in the same system, with either single or multi user license, click here.