Statutory Updates for Taxation Modules, Returns and Annexures

In view of the latest statutory requirements and the increasing compliance by businesses falling under the purview of Value Added Tax, various enhancements are being introduced in Tally.ERP 9. These business specific enhancements pertaining to changes in VAT Rates, Forms and Annexures etc. are provided for each State to ensure smooth functioning of day-to-day operations and timely filing of VAT Returns in the physical as well as the electronic modes as per the requirements of the Department.


Updates pertaining to Stat Release 205

Indian Taxation

Payroll ♦ The e-TDS 24Q has been enhanced to support the latest e-TDS Validation tool     Version 3.9 Tax Deducted at Source ♦ The e-TDS 27Q (only Nil returns), 26Q and 27EQ have been enhanced to support the     latest e-TDS Validation tool Version 3.9 Value Added Tax ♦ Tripura    — Revised VAT Form X has been provided

Upcoming Releases

Indian Taxation

The following will be supported in the upcoming release, Excise for Manufacturers ♦ Export documents ARE-1, ARE-2, ARE-3 will be provided ♦ The Rule 16 register require for handling returned goods (Sales Return) will be provided Value Added Tax ♦ Arunachal Pradesh    — The eVAT Annexures for Interstate purchase details and online form requisition will be        provided as per the requirements ♦ Maharashtra    — The e-filing facility for Form 704 will be enhanced as per the latest e-VAT template ♦ Rajasthan    — The e-filing facility for Form 10A will be provided as per the requirement