Frequently Asked Questions

While recording the payment for techinal services then you have to select the TDS Category of Fees for Technical services in the expense account.

You can check the client TDS report by opening the TDS account ledger which you have created for maintaing the clients TDS in BUSY.

If you want to apply the TCS for the specific transaction, then you need to add the TCS bill sundry manually in the voucher.

It is recommended to mention all the relevant fields like PAN, TAN, Tds/Tcs circle, ward etc for error free Tds return generation from BUSY.

The 24Q form is related to the TDS which is make on employee salary and form 26Q is related to the non salary TDS.

If TDS is not get applied in the certain cases which are if your threshold limit or applicable limit has not get crossed.

If some entries are missing in the tds report then make sure that the tds references should have been created in the voucher.

If you dont want to affect the taxable amount then apply the TDS bill sundry after the GST bill sundry in the voucher.

If you want to exempt certain vendors from the TDS deductions then you need to disable the TDS feature from that vendor master.

To calculate the correct TDS value in the purchase voucher then you need to enter the PAN number in the party master.