Accoxi provides the function of TDS Configuration and the user can set the TDS format of the Organization in it.
TDS is one of the tax collecting method used in India. It is governed under the Indian Income Tax Act 1961 and managed by Central Board of Direct Taxes (CBDT). The law states that any permissible payment shall be paid after deducting prescribed percentage as tax – usually over a range of 1% to 10%.
Accoxi provides users with the solution to configure and set up TDS for the organization.
Click on the Settings menu on the top right side of the page. Then list of settings tab will open.
Select the option TDS Configuration from TDS option, then it opens to Manage TDS page.
It consist of various menus and it shows the details of created tax name, its section and tax rate.
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Fields |
Description |
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Filter |
Filter of TDS can be done in two ways-Either user can directly enter the tax name into the search bar near filter option or by clicking the filter drop down. The user can filter the data by selecting TDS section or by enter tax name.
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Refresh |
If the latest data is not displayed, click on the refresh icon on the top right corner of the page to fetch the new data.
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Add New |
This menu is using for the purpose of create a new Tax. By clicking the Add New menu, new window will open and the user needs to enter the details to the form to create a new tax.
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Export |
The TDS details can be export to Excel format. Click on the Export button at the top right corner near the +New button. Select the file location and click on save.
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Edit |
Edit menu helps the user to edit or correct the details that entered in the TDS and can save again after it. When click on the edit menu, the screen will goes to previous window of manage TDS form.
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Exit |
Exit menu is using for go to the previous page without saving the TDS form.
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1. Click on the Settings menu on the top right side of the page. The list of settings tab will open, select the option TDS Configuration from TDS option, then it opens to Manage TDS page.
2. Click on the Add New menu on the top right side of the page, then it opens to new tax form.
3. Select the section of tax on TDS Section By clicking on the select option, list of available sections will appear and user can select the required one.
4. After selecting the TDS section, the user needs to enter the name of new tax on Tax Name
5.Then the user needs to enter the rate of tax on tax field.
6.After entering the whole details, click on the Save menu to create a new Tax.