What TDS enhancements are provided in Release 5.4?

Release 5.4 includes TDS enhancements specific to TDS outstanding report, Payment Details of Form 26Q and Form 27Q, and TDS nature of payments.

The following enhancements are provided for TDS in Release 5.4:

TDS Outstanding report for TDS payable which was available in Tally.ERP 9 release 4.x is reintroduced with deductee type for company and non-company separately.

Deductee-wise break-up in Payment Details of MIS report is introduced.

Other Payments amount is given under Payment Details in Form 26Q and Form 27Q report.

Nature of payment Income in Respect of Investment in Securitization Trust is introduced.