What is TCS u/s 206C(1H). How can we Enable ?

Tax Collected at Source (TCS) is the tax payable by a seller which he collects from the buyer at the time of sale. As per new rules applicable from 1st October 2020, a seller selling any commodity to a party is required to collect TCS based on certain conditions. If the condition for charging TCS is fulfilled in the voucher, then BUSY will show a message prompting User to apply for TCS Bill Sundry in the voucher. It’s up to the User to apply TCS Bill Sundry or not as the User can charge TCS transaction-wise or can charge it consolidated on a monthly basis. However by using the F4 key in the voucher, TCS Bill Sundry will automatically be applied in the voucher along with the GST. 
To enable TCS u/s 206C(1H) follow the below steps:
Step1:- To enable TCS feature, click Administration→ Configuration→ Features/Options→ TDS/TCS tab and click on “Enable TCS Reporting.”
1. Enable the TCS Reporting option and specify TCS Details under TDS/TCS Details group.
2. Specify Company Address details for E-TCS i.e. filing of TCS Return under Company Address for E-TDS/TCS group.
3. Click the Amount Round Off Options button and enable automatic round off for the TCS amount collected. It is mandatory to round off the TCS amount as the same is required during the TCS return filing.
4. Click the Responsible Person’s Details button to enter the details of the person who is responsible for collecting and depositing TCS on behalf of your company.
5. Check Prev. Year Data for TCS u/s 206C(1H) – Specify 'Y' under this data field, if you want to check previous year data to apply TCS i.e. if threshold limit of INR 50 lakhs is crossed in previous year then TCS will be applied in current year also irrespective of threshold limit is crossed or not.
6. On enabling TCS feature, TCS Account Master under Duties & Taxes group will be created automatically.
7. TCS Bill Sundry Master will be created automatically.
Step2:- you can enable TCS Applicable u/s 206C(IH) option under Party Master. This is required when a user wants that a warning message for collection of TCS should pop-up even if the threshold limit of INR 50 lakhs does not get crossed.
Step3:- Enter transactions and apply to TCS. A seller can apply TCS at the time of making sale to the party or at the time of receiving payment from the party against that transaction.
Step4:- View TCS Report and forms then Click on Display→TCS Reports→Form 27EQ.
 View TCS Report and forms then Click on Display→TCS Reports→Form 27EQ Annexure.
 View TCS Report and forms then Click on Display→TCS Reports→TCS collection Details.
 View TCS Report and forms then Click on Display→TCS Reports→Receipts eligible for TCS.