Tally.ERP 9 Series A Release 4.61 4th June, 2013

The new Tally.ERP 9 Release 4.61 is available now!

FREE for all users of Tally.ERP 9.*

Tally.ERP 9 is the latest offering of the Tally software series. As with all Tally products, rapid updates are made available for the lifetime of the product via periodic releases, thereby providing the high level of business capability that millions of users trust. This migration is recommended for all Tally 9 licenses.

New Features :

Performance :

• The time taken to display TDS Details screen while recording a Journal Voucher has been reduced.

Functional Enhancements :

TDS :

• In adherence to the amendment made to Finance Bill 2013, section 206AA is not applicable for section 194LC w.e.f 01.06.2013, implying whether or not a deductee’ s PAN is furnished in the Party master, TDS on Income From Foreign Currency, Bonds Or Shares of Indian Company will be deducted at the normal rate (5%)

 

The highlights of this release are listed below :

Tax Deducted at Source

• In adherence to the amendments made to Finance Act 2013, tax deduction at the rate of 5% for 194LC is supported for the Nature of Payment Income From Foreign Currency, Bonds Or Shares of Indian Company irrespective of whether or not PAN         for the deductee is specified in the party ledger

Maharashtra – Local Body Tax

• To support printing of Registration details specific to Local Body Tax in invoices, the facility to enter the same in the Company and Ledger master level has been provided

Tally.ERP 9 Feature Summary:

• Quick to install and allows incremental implementation
• Easy to customise
• Powerful remote capabilities to boost collaboration
• Audit & compliance services
• Integrated support centre
• Security management
• Statutory processes
• Manufacturer’s excise
• Payroll

Click here for release notes

Click here for download