TDS Rate/Nature of Payment does not exist, while splitting data
This error occurs when TDS Nature of Payment was predefined at the group level and later the group was altered with a different primary group.
1. Open Tally.SPL file in notepad and identify the group name.
2. Go to Gateway of Tally > Accounts info > Groups > Alter > select the group that was displayed in Tally.SPL file.
3. Enable Set/Alter TDS details?
Once you enable TDS details, by default it shows previously selected Nature Of Payment - Payment to Transporters (Sub-Contractors)
4. Select Any in the Nature of Payment Details field as shown below. Accept the group alteration and split the company data.