Tally.ERP 9 Series A Release 3.6 Stat.900 Version 174 Release Notes

7. Tax Deducted at Source
Version 172
Enhancements
As per the Amendment, the following TDS Nature of Payment and Rate changes are
incorporated effective from July 1, 2012:
Version 163
•Nature of Payment - Any remuneration or commission paid to director of the
company (Effective from 1 July 2012) is provided.
•For the Nature of Payment - Compensation on acquisition of immovable property,
the Cut off Amount is increased from 1,00,000 to 2,00,000.
•For the Nature of Payment - Interest on Securities, the Cut off Amount is increased
from 2,500 to 5,000.
Enhancements
The latest utility file - e-TDS/TCS FVU.exe (Version 3.3) is supported for validation of
e-TDS generated for the last quarter.
Version 158
Enhancements
The facility to calculate tax at 1% for Individuals/HUF Resident effective from October 1,
2009 is provided.
Version 157
Enhancements
The change in Surcharge rate from 2.5% to 2% for Company Non-Resident is incorporated
and the revised rate of 2% is provided.
Effective from July 1, 2010, the threshold limit for Payment to Sub Contractors for Individual/HUF
– Resident for the assessment year 2011-2012 has changed from ` 50,000 to
` 75,000. The change in threshold limit for this Deductee Type has been incorporated in
Tally.ERP 9.
Version 155
Issues Resolved
In the Form 27 generated for a group company, the Total tax deposited column was blank.
This issue has been resolved.
Version 144
Issues Resolved
On recording part payment of TDS for multiple bills, the assessable value was being captured
incorrectly in Form 27A and e-TDS.
This issue has been resolved.
Tally.ERP 9 Release Notes for Stat.900
©Tally Solutions Pvt. Ltd. 43