Connect with ...

F3 : Statutory & Taxation Features

This feature enables you to set the Statutory Features required for the Company Operations. This option is enabled only if a country is selected from the list of countries under the field Statutory Compliance for in the Company Creation screen..

Go to Gateway of Tally.ERP > F11: Features > F3: Statutory & Taxation

Image-1

The following features are available on selecting India in the Company Creation screen.

1. Enable Dealer – Excise (Set/Alter Dealer – Excise Details)

Set these options to Yes, to enable/alter the Excise for Dealers feature. Refer Excise for Dealers for further information.

Follow Excise rules for Invoicing

Set this option to Yes, to follow Excise rules for invoicing. The Company Excise Details screen is displayed as shown:

Provide the above Excise information, for it to be printed on invoices and Accept, Yes to save.

2. Enable Value Added Tax (VAT)

Set/Alter VAT Details

Set these option to Yes, to enable the VAT features for the company. Refer Value Added Tax for more details.

3. Enable Service Tax

Set/Alter Service Tax Details

Set these option to Yes to enable the Service Tax features for the company. Refer Service Tax for further details.

4. Enable Tax Deducted at Source (TDS)

Enable TDS : This is one of the unique features of Tally.ERP 9. This facility will allow you to deduct Income Tax at source (TDS) on behalf of the government as per specified rates in the IT Act on specified types of services, Incomes , gains and would deposit it into the accounts of respective authorities on behalf of the service provider.

Example: If your Company paid Rs.2,00,000 /- as Professional and Technical Fees to N.Jatania & Co for their consultancy services, it is your duty to deduct the Income Tax and pay the collected tax to the respective authorities. If you record the transaction the entry will appear as shown below :

(before carrying on with this transaction you should know the Income Tax Rules as to where TDS will be deducted and at what rate.)

5. Enable Tax Collected at Source (TCS)

Set/Alter TCS Details

Set these option to Yes to enable the TCS features for the company. Refer TCS for further details.

6. Enable Fringe Benefit Tax (FBT)

Set/Alter FBT Details

Set these option to Yes to enable the FBT features for the company. Refer FBT for further details.

 
Text
 
Company Information @ Tally.ERP9
 
Group & Ledger

Introduction
1. THE GROUP
2. THE LEDGER
3. VOUCHERS TYPES

Advanced Inventory / Stock
Meaning
Order Processing
Re-Order Levels
Tracking Numbers
Batch-wise Details
Additional Cost Details
Bill of Materials (BOM)
Price Lists and Price Levels
Stock Valuation
Zero Valued Entries
Inventory Ageing Report
Actual and Billed Quantities
Advanced Usage of Vouchers
Maintain Bill-wise Details
Cost Center and Cost Category
Interest Calculation
Reversing Journals
Post-Dated Voucher
Memo (Memorandum) Voucher
Optional Voucher
Using Tracking Number
Tally.ERP9 Report
  1. Unit Objectives
  2. Modifying Reports (Options)
  3. Balance Sheet
  4. Profit & Loss Account
  5. Stock Summary
  6. Trial Balance
  7. Day Book
  8. Books of Accounts
  9. Statement of Accounts
  10. Inventory Books
  11. Statutory Reports
  12. List of Accounts ( Chart of Accounts)
  13. Exception Reports
  14. Printing Reports
Tally.ERP9 MIS and Other Reports
Statutory & Taxation
Utilities & Others @ Tally.ERP9
Credit Limits
Knowledge Base @ Tally.ERP9
Stock Items
Stock Groups
Inventory Masters
Inventory Vouchers
Inventory Report Statements
Balance Sheet
Accounting Reports
Accounting Vouchers
Interest Calculation
VAT-Value Added Tax
Service Tax
TDS (Tax Deducted at Source)
 
Disclaimer :

The names of Companies and persons used in this Website have been used for illustrative purposes only.
The visitors may visit www.tallysolutions.com , the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications

Trademark :

Tally, Tally 9, Tally9, Tally.ERP, Tally.ERP –9, Tally.Server 9, Tally.NET & Power of Simplicity are either registered trademarks or trademarks of Tally Solutions Pvt. Ltd. in India and/or other countries. All other trademarks are properties of their respective owners. This Website is not associated with any product or vendor mentioned in this Website.

 
 
SWAYAM EDUCATION
Mandal Bagicha, Hemkapada,
Sunhat, Balasore-756002 ( Odisha )-India
eMail ID : tallyerp9bookorder@gmail.com
Web : www.tallyerp9book.com
Mob : 09853349238, 09437264738
Get Updated ...
Website Designed, Hosted, Owned by : www.BalasoreCity.Com