🔎 What is a TDS Challan?
In DaaI Business Suite, a TDS Challan is a record created when you mark any expense as “Is TDS”.
It helps track the Tax Deducted at Source (TDS) amount, related challan details, and payment status for compliance.
🎯 Purpose of TDS Challan Module
- Keep internal records of TDS deductions linked to expenses.
- Track challan details such as Amount, Section Code, ITNS No., PAN, Payment Status.
- Ensure audit readiness by maintaining a proper log of all deductions.
- Avoid manual errors by auto-linking challans with expenses.
📊 Key Features
- Auto-creation → When expense has “Is TDS” checked, challan is auto-generated.
- Compliance Tracking → Stores details like Challan No., Section Code, ITNS No., Amount Paid, Transaction ID, Payment Mode.
- Status Monitoring → Easily track Paid, Unpaid, Part Pay, Advance, or Cancelled challans.
- Non-filing → The system does not file challans on Govt portal, it only maintains records.
📝 Best Practices
- Always update challan details after filing on Govt portal (Challan No., Payment Date, etc.).
- Ensure PAN of deductee is entered correctly in expense.
- Do not delete challans → mark as Cancelled or Advance if not applicable.
- Regularly review TDS Challan History for accuracy.
⚠️ Important Notes
- TDS challans here are for record-keeping only. Filing must be done separately on the Govt TDS portal.
- Any mismatch in Section Code or ITNS No. must be corrected before filing.
- Vendor GSTIN must match invoice for credit eligibility.
✅ In short: TDS Challan Module is a compliance support tool, not a filing tool. It keeps your deductions organized, linked with expenses, and ready for audit.