Frequently Asked Questions

If you have created the TDS references but still not showing in the TDS reports.
 Pls follow the below steps.
 Step 1: Make sure you have selected the correct date range or quarter while opening the tds report.
 Step 2: If you have apply any filter then remove and check it in the report.
 Step 3: Check that you have selected the correct TDS category in the report.
 Step 4: If you are using the voucher approval then make sure it is approved then will reflect in the TDS report.

If you have created the TDS references but still not showing in the TDS reports.
 Pls follow the below steps.
 Step 1: Make sure you have selected the correct date range or quarter while opening the tds report.
 Step 2: If you have apply any filter then remove and check it in the report.
 Step 3: Check that you have selected the correct TDS category in the report.
 Step 4: If you are using the voucher approval then make sure it is approved then will reflect in the TDS report.

When TDS rate is not calculating automatically 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 Account, Make sure that the correct TDS category should be tag in the brokerage fee master.

To fix the issue of rental TDS not getting calculated automatically in BUSY, you can try the following steps:
 1. Check if the TDS category for rental expenses is set up correctly in the software.
 2. Ensure that the TDS rate for rental expenses is entered accurately.
 3. Verify if the rental expenses are categorized correctly in the software.
 4. Make sure that the auto TDS calculation feature is enabled for rental expenses.
 5. If the issue persists, you may need to contact BUSY customer support for further assistance.

The process to apply the TDS under section 194Q in BUSY, then follow the below steps.
 Step 1: You have to enable the TDS option from Features and Options under Administration Menu.
 Step 2: You have to select the TDS category of 194Q in the expense account.
 Step 3: Enable the Payee category and can set limit in the party master.
 Step 4: Then during the purchase or journal voucher,the tds reference of 194Q will get create in the voucher and then adjust that reference during the TDS payment entry.

Yes, that's correct. BUSY software has an automatic prompt for TCS. Once you enable the TCS 
option and also enable the warning for TCS, and enable the TCS option within the party master,
 then any party that is eligible for TCS will receive a prompt message at the time of billing. The
 prompt message will notify you that "The party is eligible for TCS, but you did not apply TCS.
" When you click "Yes" on that window, TCS will be applied automatically on the bill sundry in 
that particular voucher.

You can link the TDS payment and transaction in by creating the TDS references either in the purchase or journal then adjust it in the payment voucher. Due to the TDS references data will reflect in the TDS report after that can generate the TDS ereturn file from below steps.
 Step 1: Click on Print/Email/SMS
 Step 2: Then TDS/TCS report
 Step 3: Then e TDS return non salary
 Step 4: Then specify the tds ereturn path for generating the file or can generate it in default location BUSYwin folder.

If the TCS charges is not able to see in the voucher,Then follow the below steps.
 Step 1: Make sure that the TCS feature should be enable from the Features and Options under Administration.
 Step 2: The TCS feature should be enable in the party master and set the applicability after limit.
 Step 3: The TCS will show when the limit get crossed then get apply in the voucher.
 Step 4: In the TCS bill sundry, the correct tcs account should be tag and default value should be zero.

If you made the payment but the corresponding TDS amount is not getting adjusted automatically then their might be following resons 
 1 Check the expense ledger it must be enable tds and tds category 
 2 check the party master it must enable tds on expense and tds on payment or purchase and payee category must be tagged 
 3 Check the TDS category does the threeshold limit proper and applying tds criteria for party with and without pan are correct or not if not then modify it

You can link the TDS payment and transaction in by creating the TDS references either in the purchase or journal then adjust it in the payment voucher. Due to the TDS references data will reflect in the TDS report after that can generate the TDS ereturn file from below steps.
 Step 1: Click on Print/Email/SMS
 Step 2: Then TDS/TCS report
 Step 3: Then e TDS return non salary
 Step 4: Then specify the tds ereturn path for generating the file or can generate it in default location BUSYwin folder.