Overview
The TDS Compliance Module in Mocha Accounting enables businesses to manage the end-to-end Tax Deducted at Source (TDS) workflow as mandated by the Income Tax Act, 1961, for Indian taxpayers.
Info: This module is designed for Indian entities registered under the Income Tax Act with a valid TAN (Tax Deduction and Collection Account Number).
Key Capabilities
- Configure TDS sections, rates, and threshold limits
- Assign TDS parameters to vendors with PAN validation
- Auto-calculate TDS on purchase invoices with threshold checks
- Track challan payments (ITNS 281) with due date alerts
- Generate FVU-compatible return files (24Q, 26Q, 27Q, 27EQ)
- Produce Form 16 / 16A for deductees
- TRACES reconciliation for 26AS / AIS matching