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Tally.ERP 9 Series A Release 3.0 Stat.900 Version 137

Tally.ERP 9 Series A Release 3.0 Stat.900 Version 137

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<strong>Version</strong> 120<br />

Enhancements<br />

<br />

The date format display in Return Form 10 is changed to include the financial year end. For<br />

example, if the return is generated for 4th quarter, the period is captured as 4th Quarter-<br />

2010-2011.<br />

Issues Resolved<br />

<br />

In box 14 of Return Form 10, the unadjusted credit was being captured incorrectly when<br />

the output tax amount was in excess of total input tax credits and rebates.<br />

This issue has been resolved.<br />

<strong>Version</strong> 116<br />

Enhancements<br />

<br />

The revised Form 10 is provided as per the statutory requirements.<br />

<strong>Version</strong> 108<br />

Enhancements<br />

<br />

As per the Tax proposal of Madhya Pradesh Budget 2010-11 for increase in VAT rate from<br />

12.5% to 13%, the following VAT/Tax classifications are provided effective from April 1,<br />

2010:<br />

•Purchases @ 13%<br />

•Purchases - Capital Goods @ 13%<br />

•Input VAT @ 13%<br />

•Sales @ 13%<br />

•Output VAT @ 13%<br />

The value of entries made using the aforesaid classifications will be currently captured only in<br />

VAT Computation report.<br />

Note: In the forthcoming <strong>Stat.900</strong> releases, the functionality will be enhanced to capture the<br />

value of entries made using VAT/Tax class provided for 13% rate in VAT Forms.<br />

<strong>Version</strong> 93<br />

Enhancements<br />

<br />

The VAT/Tax classification - Purchases Capital Goods @ 5% has been introduced effective<br />

from August 1, 2009.<br />

<strong>Tally</strong>.<strong>ERP</strong> 9 <strong>Release</strong> Notes for <strong>Stat.900</strong><br />

©<strong>Tally</strong> Solutions Pvt. Ltd. 86

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