Frequently Asked
Questions

Q: I am unable to deduct TDS at the correct rate in BUSY. It is applying a higher default TDS rate instead of the rate I have specified. How can I resolve this?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: Why is the limit for TCS deductions not working as expected when my turnover is below lakhs? What could be the reason for this unexpected behavior?

TCS deductions limit set on buyer party turnover not seller turnover as per Section 206C(1H). for the TCS deductions configuraiton for Buyer party Kindly follow the following Steps. Step 1: Go to the Administration Menu Step 2: Click on Masters Step 3: Select Account Menu Step 4: Under Account Menu click on Modify Step 5: Select Party Name which you wants set TCS deduction. Step 6: After Modify party master Enter on party group pop up window will be open of TDS/TCS Info.for Acc. Step 7: An On pop up window of TDS/TCS Info.for Acc. click on drop down option of TCS on Rcpt./Sale u/s 206C(1H) and select option Applicable after limit.

Q: My actual TDS deduction amount is lower than what is showing. Why is there a difference between the actual and system calculated TDS amounts?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: How do I ensure the TCS gets posted properly when creating sales invoices? What settings do I need to check?

You need to check the below steps if TCS has been posted properly in the sales invoices. Step 1: Make sure the TCS feature is enabled from the GST/VAT option from configuration under Administration. Step 2: The TCS feature should be enable in the party master and set the applicability after limit. Step 3: Mention the PAN number in the party master for calculating the correct TCS value. Step 4: In the TCS bill sundry, the correct tcs account should be tag and default value should be zero. Step 5: In the TCS Bill sundry, The tds deduction amount should calculate either on net bill amount or taxable amount as per your requirement.

Q: The TDS amount being calculated by the software is incorrect in BUSY. How can I get the correct TDS amount?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: What could be the reason for inaccurate TDS deductions in vendor invoices in BUSY, and how can I resolve this?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: The full TDS amount is deducted from my bills instead of the applicable percentage. How can I fix this?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: My TDS deduction percentage is higher than what I have set. Why is the TDS percentage being calculated incorrectly?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: My TDS deductions are not matching between what I have entered and what is showing. What should I check?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: Why am I unable to generate the TDS/TCS returns file even after providing all required information in BUSY software?

If you unable to generate the TDS and TCS option then make sure it should be enable from the features and Options.You can generate the TDS return notepad file from BUSY. For TDS utility, you have to download the the tds site then specify the the file path which generated from BUSY, challan file and error file after that can upload it on tds portal. Pls check the below steps. Step 1: Click on Print/Email/SMS Step 2: Then TDS/TCS report Step 3: Then e TDS return non salary and TCS ereturn Step 4: Then specify the tdsand tcs ereturn path for generating the file or can generate it in default location BUSYwin folder.

Find Solutions to Common Issues Related to taxation - tds tcs data feeding and report

Taxation (GST/VAT/TDS/TCS/RCM)

Export/Import/Data Conversion

Errors (RTE/Ransome), Feedbacks and Bugs

Barcode, QR Code and Lable Printing

License Management/Softlock/Hardlock

Enquiry/Upgrade/Visit/Renewal

UMS Related Issue (Dealer Query)

Software Features

Implementation

Dealer Complaint/Issues

Enquiry/Upgrade/Visit/Renewal

Dealer Complaint/Issues

I am unable to deduct TDS at the correct rate in BUSY. It is applying a higher default TDS rate instead of the rate I have specified. How can I resolve this?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Why is the limit for TCS deductions not working as expected when my turnover is below lakhs? What could be the reason for this unexpected behavior?

TCS deductions limit set on buyer party turnover not seller turnover as per Section 206C(1H). for the TCS deductions configuraiton for Buyer party Kindly follow the following Steps.
 Step 1: Go to the Administration Menu
 Step 2: Click on Masters
 Step 3: Select Account Menu
 Step 4: Under Account Menu click on Modify
 Step 5: Select Party Name which you wants set TCS deduction.
 Step 6: After Modify party master Enter on party group pop up window will be open of TDS/TCS Info.for Acc. 
 Step 7: An On pop up window of TDS/TCS Info.for Acc. click on drop down option of TCS on Rcpt./Sale u/s 206C(1H) and select option Applicable after limit.

My actual TDS deduction amount is lower than what is showing. Why is there a difference between the actual and system calculated TDS amounts?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

How do I ensure the TCS gets posted properly when creating sales invoices? What settings do I need to check?

You need to check the below steps if TCS has been posted properly in the sales invoices.
 Step 1: Make sure the TCS feature is enabled from the GST/VAT option from configuration under Administration.
 Step 2: The TCS feature should be enable in the party master and set the applicability after limit.
 Step 3: Mention the PAN number in the party master for calculating the correct TCS value.
 Step 4: In the TCS bill sundry, the correct tcs account should be tag and default value should be zero.
 Step 5: In the TCS Bill sundry, The tds deduction amount should calculate either on net bill amount or taxable amount as per your requirement.

The TDS amount being calculated by the software is incorrect in BUSY. How can I get the correct TDS amount?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

What could be the reason for inaccurate TDS deductions in vendor invoices in BUSY, and how can I resolve this?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

The full TDS amount is deducted from my bills instead of the applicable percentage. How can I fix this?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

My TDS deduction percentage is higher than what I have set. Why is the TDS percentage being calculated incorrectly?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

My TDS deductions are not matching between what I have entered and what is showing. What should I check?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Why am I unable to generate the TDS/TCS returns file even after providing all required information in BUSY software?

If you unable to generate the TDS and TCS option then make sure it should be enable from the features and Options.You can generate the TDS return notepad file from BUSY. For TDS utility, you have to download the the tds site then specify the the file path which generated from BUSY, challan file and error file after that can upload it on tds portal.
 Pls check the below steps.
 Step 1: Click on Print/Email/SMS
 Step 2: Then TDS/TCS report
 Step 3: Then e TDS return non salary and TCS ereturn
 Step 4: Then specify the tdsand tcs ereturn path for generating the file or can generate it in default location BUSYwin folder.

Frequently AskedQuestions