Introduction of Pre-Deducted TDS in Invoices

Created by eZee Billing, Modified on Sat, 5 Apr at 5:18 PM by eZee Billing

We would like to inform you about an important update to our invoicing system. To simplify the payment process and ensure compliance, we have introduced a new functionality where the Tax Deducted at Source (TDS) will be pre-deducted in your invoices.

How It Works:

Starting from your next renewal, invoices will automatically reflect the deducted TDS amount.
For instance, if your invoice amount is ₹1,000 and a 2% TDS applies, the invoice will display ₹20 under the TDS field, similar to how GST is shown.
The final payable amount will be adjusted accordingly (₹980 in this case).

What This Means for You:

You no longer need to deduct TDS separately when making the payment.
The amount mentioned on the invoice is the exact amount to be paid, as TDS has already been accounted for.

This change aims to streamline your payment process and improve transparency in tax deductions. Should you have any questions or require further clarification, please feel free to reach out.