Frequently Asked Questions

Q: Where is the account name field located in the TDS report F or F?

The location of the account name field in the TDS report is specified at F4 as Deductee Name .

Q: How can I adjust multiple TCS entries into one payment voucher?

You have to adjust the TCS entries one by one. As it has to be done on party wise.

Q: TCS BRANCH WISE

Please elaborate the query to solve it accurately on Please elaborate the query to solve it accurately on support@busy.in

Q: Why doesn't the Q report reflect TDS deductions on the due date, even if the payment hasn't been made yet? Shouldn't it consider the due date rather than the payment date?

The 26Q report doesn't reflect TDS deductions on the due date because it considers the actual payment date.

Q: How can I pay the supplier the net amount after TDS deduction and remit the TDS to the government correctly in BUSY?

You can pay the amount to the supplier through the payment voucher in BUSY with the net amount.

Q: If I cut TDS in the jungle in BUSY, will it still create the TDS reference properly?

Yes, if TDS is cut in the jungle in BUSY, it will still create the TDS reference properly.

Q: TCS 27EQ report is not showing any record for the relevent Quarter

TCS 27EQ report reflect after TCS ledger payment entry with adjustment of TCS reference of the relevent Quatar

Q: How do I adjust TDS deducted in my sales invoices in BUSY?

In BUSY, You can deduct the TDS in the sales invoive and adjust in during the payment voucher.

Q: I generated the tax return file a few months back but now when I am trying to upload it, I am getting errors due to the software update. How can I resolve this?

If you getting error after software version updation , please re downoad the tax return file .

Q: What category should I select in BUSY to get TDS deduction on brokerage fees?

You have to select the TDS on commission or brokerage category for the brokerage fee in BUSY.

Solutions to common issues related to Taxation — Tds Tcs Data Feeding And Report.

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Step-by-step Answers

Where is the account name field located in the TDS report F or F?

The location of the account name field in the TDS report is specified at F4 as Deductee Name .

How can I adjust multiple TCS entries into one payment voucher?

You have to adjust the TCS entries one by one. As it has to be done on party wise.

TCS BRANCH WISE

Please elaborate the query to solve it accurately on Please elaborate the query to solve it accurately on support@busy.in

Why doesn't the Q report reflect TDS deductions on the due date, even if the payment hasn't been made yet? Shouldn't it consider the due date rather than the payment date?

The 26Q report doesn't reflect TDS deductions on the due date because it considers the actual payment date.

How can I pay the supplier the net amount after TDS deduction and remit the TDS to the government correctly in BUSY?

You can pay the amount to the supplier through the payment voucher in BUSY with the net amount.

If I cut TDS in the jungle in BUSY, will it still create the TDS reference properly?

Yes, if TDS is cut in the jungle in BUSY, it will still create the TDS reference properly.

TCS 27EQ report is not showing any record for the relevent Quarter

TCS 27EQ report reflect after TCS ledger payment entry with adjustment of TCS reference of the relevent Quatar

How do I adjust TDS deducted in my sales invoices in BUSY?

In BUSY, You can deduct the TDS in the sales invoive and adjust in during the payment voucher.

I generated the tax return file a few months back but now when I am trying to upload it, I am getting errors due to the software update. How can I resolve this?

If you getting error after software version updation , please re downoad the tax return file .

What category should I select in BUSY to get TDS deduction on brokerage fees?

You have to select the TDS on commission or brokerage category for the brokerage fee in BUSY.

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