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https://help.tallysolutions.com/docs/te9rel63/Licensing/Can_I_use_more_than_one_version_of_TE9.htm

Can I use more than one Release of Tally.ERP 9 in the same computer?

Yes, you can use more than Release of Tally.ERP 9 in the same computer.

If you have a Silver edition license, you can use two different Releases at the same time using the Tally Gateway Server . To use multiple releases, use the License file path option to obtain the license for the releases that you want to use.

If you have a Gold edition, you can use multiple releases at the same time.