This feature enables you to set the Statutory Features required for the transactions.
Go to Gateway of Tally > F11: Features > F3: Statutory & Taxation
The following features are available under Statutory & Taxation, you can enable or disable them as per your choice.
- Enable Excise
- Enable Value Added Tax
- Enable Service Tax
- Enable Tax Deducted at Source
- Enable Tax Collected at Source
- Enable Fringe Benefit Tax
- Enable Payroll Statutory