TDS

TDS

Tax Deducted at Source (TDS) is applied to a transaction when you deduct tax from the amount that must be paid to the vendor or collected from the customer and then send it to the government. In Zoho Books, you can enable TDS for your customers and vendors. Here’s how:

  • Go to Settings on the top right corner of the page.
  • Select Taxes under Taxes & Compliance.
  • In the Taxes pane, select Tax Settings.
  • Check the Enable TDS box.
  • Select Customers, Vendors, or Customers and Vendors from the Support TDS For dropdown to enable TDS.
  • Click Save.
Enable TDS

You can now enable TDS for your contacts and apply it in transactions.

Note: To enable TDS for a specific contact, go to the TDS section while editing or creating a contact, and check the Enable TDS for this Customer/Vendor box.


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