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


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.

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Service Tax
TDS (Tax Deducted at Source)
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