» TdsPac is the software that completely automates the legal and functional aspects of Tax Deduction at Source as per Income tax Act, 1961.
» Since TDS transactions originate at the accounting level, TdsPac can import such transactions from FA/ ERP software, thereby saving time required for data entry and reconciliation.
» TDS Rates can be fixed , updated by user by giving the break-up of basic rate, surcharge and education cess. Moreover the threshold limit for each TDS Section can also be defined by the user.
» For each deductee, apart from Name, PAN and contact details, default TDS section, status and sub status is maintained to capture the default rate. Threshold limit and issuance of monthly/ yearly certificate can be decided for individual deductee.
» Self declaration / Certificate by Income tax department for lower rate are tracked in the software.
» TDS deduction entries can be imported from accounting software/ ERP or entered manually.
» Challans can be auto-generated by single click or part payment, adjustment of surplus -deficit can be achieved by manual generation of challan.
» Challan printing on plain paper enables payment to the bank and later capturing mandatory BSR Code and Challan Identification Number .
» TDS Certificate can be auto-generated or manually controlled . A pre-fix can be given to certificate number .
» Printing of TDS Certificate can be controlled by issuing the same to only deductees having valid PAN
» Creation of eTDS file and validation thru FVU is achieved with a single click.
» Several TDS management tools help in compliance with law e.g.
» Auto generation of letters asking for PAN
» Auto generation of TDS covering letters
» Auto generation of letters for yearly TDS Certs.
» Unpaid TDS list for statutory auditor
» TDS compliance listing for tax auditor
» Interest calculation for delayed payment
» On Screen enquiry of TDS deductions, challans and TDS certificate with several filter tools.
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