Frequently Asked
Questions

Q: My TDS certificate is not generating automatically in BUSY. How can I fix this?

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.

Q: Why can't I generate Form or Form A using BUSY?

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

Q: How do I reconcile TDS/TCS reports with actual deductions?

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.

Q: What are the different TDS certificates available, and how can I generate them in BUSY?

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

Q: How do I nullify TDS deduction that is enabled in the party master in BUSY?

You can disable the TDS option in the party master from below steps. Step 1: Click on Administration Step 2: Then Masters Step 3: Then Modify Select the party master and disable the TDS option.

Q: How can I correct difference in amount errors made while saving the data in the TDS fields in BUSY?

If this difference in amount error showing while saving the TDS voucher then make sure that the TDS bill sundry amount and TDS amount which showing in the TDS reference window should be same.

Q: Can you recommend reports or tools to help reconcile TDS/TCS amounts between BUSY and government portals?

There is no such seperate tool for reconciling the TDS and TCS amount with the government portal.In BUSY, You can check the TDS and TCS report then manually reconcile it with the goverment portal.

Q: How can I rectify incorrect or wrong TDS entries made in the previous financial year?

To rectify the incorrect or wrong TDS entries in the previous financial year. Pls follow the below steps : Step 1: Open the voucher and mention the correct tds category for the TDS reference.

Q: I am facing an issue where one of my parties is deducting TDS at % while for all other parties, the TDS deduction is .%. Why is this difference and how can I resolve it?

The TDS is charging the 5 percent for the parties whose PAN number is blank in the party master.If you mention the PAN number in the party master then will deduct TDS 0.1 percent.

Q: The software is deducting TDS on the full invoice value, instead of deducting only on the amount above lakhs. How can I fix this?

Make sure that the TDS feature applicability set it in the party master when the limit get cross. As if you set from the start then will calculate the TDS in your each voucher.

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

My TDS certificate is not generating automatically in BUSY. How can I fix this?

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.

Why can't I generate Form or Form A using BUSY?

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

How do I reconcile TDS/TCS reports with actual deductions?

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.

What are the different TDS certificates available, and how can I generate them in BUSY?

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

How do I nullify TDS deduction that is enabled in the party master in BUSY?

You can disable the TDS option in the party master from below steps.
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Modify
 Select the party master and disable the TDS option.

How can I correct difference in amount errors made while saving the data in the TDS fields in BUSY?

If this difference in amount error showing while saving the TDS voucher then make sure that the TDS bill sundry amount and TDS amount which showing in the TDS reference window should be same.

Can you recommend reports or tools to help reconcile TDS/TCS amounts between BUSY and government portals?

There is no such seperate tool for reconciling the TDS and TCS amount with the government portal.In BUSY, You can check the TDS and TCS report then manually reconcile it with the goverment portal.

How can I rectify incorrect or wrong TDS entries made in the previous financial year?

To rectify the incorrect or wrong TDS entries in the previous financial year.
 Pls follow the below steps :
 Step 1: Open the voucher and mention the correct tds category for the TDS reference.

I am facing an issue where one of my parties is deducting TDS at % while for all other parties, the TDS deduction is .%. Why is this difference and how can I resolve it?

The TDS is charging the 5 percent for the parties whose PAN number is blank in the party master.If you mention the PAN number in the party master then will deduct TDS 0.1 percent.

The software is deducting TDS on the full invoice value, instead of deducting only on the amount above lakhs. How can I fix this?

Make sure that the TDS feature applicability set it in the party master when the limit get cross. As if you set from the start then will calculate the TDS in your each voucher.

Frequently AskedQuestions