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Course Module 09

Taxation in TallyPrime – Complete Guide

Advanced Level 2-3 Weeks Duration Hindi / English

Course Overview

The Taxation Module in TallyPrime helps businesses and accountants manage direct and indirect taxes efficiently while ensuring statutory compliance. This module covers TDS, TCS, Income Tax basics, and other statutory deductions, making tax accounting simple, accurate, and professional.

Learning taxation in TallyPrime is essential for accountants, tax assistants, CA office staff, and business owners to handle complex tax rules effortlessly.

Why Learn Taxation?
  • Automated tax calculation
  • Easy handling of TDS & TCS
  • Professional tax accounting skills
  • Accurate statutory compliance
Key Benefits
  • High demand for tax skills
  • Error-free tax payments
  • Better government compliance
  • Increased career opportunities

Module Syllabus

01
Enable Taxation Features
  • Enable taxation in Features (F11)
  • Configure statutory details & PAN
  • Set company tax-related information
  • Configure tax rates for compliance
02
TDS (Tax Deducted at Source)
  • TDS applicability & rules setup
  • Create TDS ledgers & Deduct on expenses
  • TDS payable & adjustment entries
  • Generate Form 26Q reports
03
TCS (Tax Collected at Source)
  • TCS setup in TallyPrime
  • TCS ledgers & rate creation
  • Calculate TCS on sales transactions
  • Adjustment & Payment entries
04
Income Tax Basics
  • Income Tax overview & impact
  • Advance Tax payment entries
  • Self-assessment tax adjustments
  • Tax provision accounting
05
Professional Tax (PT)
  • Professional Tax setup (State-wise)
  • Monthly PT calculation
  • PT deduction in payroll
  • PT payable & challan reporting
06
Tax Payment & Compliance
  • Tax payment voucher entries
  • Challan reconciliation
  • Tax payable outstanding reports
  • Compliance tracking to avoid penalties
07
Tax Reports & Analysis
  • TDS Deduction & Payable Reports
  • TCS Collection Reports
  • Tax Computation Summary
  • Statutory Compliance Audit Reports

Job Roles & Salary Scope

Tax Assistant ₹20k - ₹35k
Accounts Executive ₹25k - ₹40k
Tax Consultant ₹35k - ₹60k

Who Should Enroll?

  • Accountants & Tax Assistants
  • CA / CS Office Staff
  • Business Owners
  • Payroll & Finance Executives
  • Accounting Students
  • Commerce Graduates

Frequently Asked Questions

This module focuses on Direct Taxes (TDS, TCS, Income Tax). GST is covered extensively in our separate GST Module.
Yes, TallyPrime allows you to generate TDS Challan 281 directly after recording payment entries.
Basic accounting knowledge helps, but we teach the practical application of tax rules from scratch in Tally.
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