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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/Tax_India/TCS/Sales_Ledger.htm

Creating Sales Ledger (TCS)

To create a sales ledger

  1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create

  2. Enter the Name.

  3. Select Sales Accounts as the group name in the Under field.

  4. Set Inventory values are affected to Yes.

  5. Set the option Is TCS Applicable to Applicable.

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

The Ledger Creation screen appears as shown below:

  1. Press Enter to save the details.