Setting Zero or Lower Rate for TDS

You can set up zero or lower rate related to TDS by enabling the necessary configurations under F12: Configure during ledger creation.

1. Click F12: Configure in the Ledger Creation screen.

2. Enable the option Allow advanced entries in TDS masters .

3. Press Ctrl+A to save the details. A new option Use Advanced TDS Entries will be available.

4. Enable the option Use Advanced TDS Entries .

5. Select Applicable in the Set/Alter Zero/Lower Collection .

6. Select the required TDS nature of payment from the List of TDS Nature of Pymts .

7. Select the Section Number .

8. Enter the Certificate No./ Date .

9. Enter the Applicable From date.

10. Enter the Applicable To date.

11. Enter the rate of TDS in the TDS field.

12. Repeat steps 6 to 10 for the required TCS nature of goods.

13. Select End of List to exit the screen.

14. Press Ctrl+A to save the details.

15. Press Ctrl+A to save the party master.