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.
To Enable Service Tax
1. Go to Gateway of Tally > F11: Features > Statutory and Taxation .
2. In the Company Operations Alteration screen, set Enable Tax Collected at Source (TCS) to Yes .
3. Enable the option Set/alter TCS details .
The Company Operations Alteration screen appears as shown below:
4. Enter the TAN registration number .
5. Enter the Tax Deduction Account Number (TAN) .
6. Select the Collector Type .
7. Enable the option Set/alter details of person responsible .
8. Press Enter .
9. Enable Ignore IT Exemption Limit , if required.
10. Press Enter .
The TCS Collector Details screen appears as shown below:
11. Press Ctrl + A to save the details.
For more TCS configurations, click here .
