Add to Favourites

Enable TDS and Setup TDS Details in TallyPrime

You can easily enable the Tax Deducted at Source (TDS) feature in TallyPrime, and provide decutor and surcharge details. Once the TDS details and masters are configured, TallyPrime takes care of the deductions while recording transactions.

1. Press F11 (Features) > set Enable Tax Deducted at Source (TDS) to Yes.
   If you do not see this option:
   • Set Show more features to Yes.
   • Set Show all features to Yes.
     
2. On the TDS Deductor Details screen, press F12 (Configure).
   • Set the option Show All Deductor types to Yes, to view all the deductor types.
   • Set the option Enable surcharge and cess details for TDS to Yes, to enter the surcharge and cess details.
   • Set the option Provide alternate contact details to Yes, to enter the company’s STD Code, Phone No. and E-Mail.
     
   • Press Ctrl+A to save.
3. Enter Company TDS Deductor Details.
   1. Enter the TAN registration number.
   2. Enter the Tax deduction and collection Account Number (TAN).
   3. Select the Deductor Type.
   4. Enter the details of Deductor branch/division.
   5. Enable the option Set/alter details of person responsible and enter the details.
      
   6. Press Ctrl+A to save.
4. In the Company TDS Deductor Details, enter the Rate & Exemption Details.
   1. Set Ignore IT Exemption Limit for TDS Deduction to:
      1. Yes, if you don’t want to consider the IT exemption limit.
      2. No, if you want to consider the IT exemption limit.
   2. Set Activate TDS for stock items to:
      1. Yes, if you want to define TDS rate in stock item.
      2. No, if you do not want to define TDS rate in stock item.
   3. Set Provide surcharge and cess details to Yes.
      1. Enter the surcharge and cess details for each deductee status. You can enter the required surcharge slab details with the applicability date.
         
      2. Press Ctrl+A to save.

The TDS details will be saved for the company.

Questions and Answers

1. Why is TDS not getting calculated after I enable TDS?
   Check whether TDS is correctly configured in the relevant expense or purchase ledger, party master, and TDS Nature of Payment. TDS calculation depends on the configuration across these masters. To learn more, refer to Create TDS Masters in TallyPrime.