Frequently Asked Questions

When you mention the PAN number in the party master then the automatically charge TCS 0.1 percent in the voucher.As if we do not mention the PAN number then will get charge by 5 percent rate.

You can generate the TDS challan from the below option.
 Step 1: Click on Print/Email/Sms
 Step 2: Then TDS/TCS reports
 Step 3: Then Bank challan
 Step 4: Select the TDS and can preview then print it

You can generate the Form 16 for employee from below steps.
 Step 1: Click on Print/Email/Sms
 Step 2: Then TDS/TCS reports
 Step 3: Then Form 16
 From here can generate the report and can print it.

To manually show TDS deduction on a bill in BUSY, you can create a Bills Sundry named "TDS Payable" and enter the TDS amount being deducted on purchase bills from parties whose turnover exceeds the limits.

To enable the TDS feature in BUSY, you need to go to the Administration section, then navigate to Configuration > Features & Options. From there, you can enable the TDS feature by ticking the TDS option.

You can fix this issue by checking if the TDS return has been filed and verified, and if the certificate generation date is correct. You can also try updating the software to the latest version.

You can generate the form 16A and form 16 TDS certificate from BUSY from below steps.
 Step 1: Click on print/email/sms menu
 Step 2: Then TDS/TCS reports
 Step 3: Then form 16A or form 16

You can reconcile the TDS TCS deduction details from below reports :
 Step 1: Click on display menu
 Step 2: Then TDS/TCS reports
 Step 3: Then TDS Audit report and reconcile accounts and TCS report.

To reconcile the TDS deduction with the supplier can check the below report.
 Step 1: Click on Display menu
 Step 2: Then TDS/TCS Reports
 Step 3: Then TDS Deduction details or Purchase eligible for TDS

If the TDS is not visible in the tab then make sure that you have properly created the TDS reference in the voucher. Aas without TDS reference it will not show in the TDS report.