TaxPower TDS Corporate Edition

TDS software for companies and organisations managing their own compliance

Manage employee and vendor deductions, regular and correction returns, filing validations, challans and key TRACES-related workflows through one organised system for your finance and accounts team.

Assisted trial for up to 3 TANs.

TaxPower TDS Software deductor management dashboard for handling multiple TAN records

TDS software for companies managing in-house TDS compliance

An organisation’s TDS work can involve employee salary TDS, vendor and contractor deductions, multiple return periods, challans, validations, corrections and TRACES-related follow-up. TaxPower TDS brings these connected activities into one organised working environment.

Employee salary TDS

Work with employee salary details, applicable exemptions and deductions, TDS liability and the related Form 24Q workflow.

Vendor and contractor deductions

Maintain the deductee and transaction information required for applicable vendor and contractor TDS work.

Challan and validation follow-up

Review challan information, possible shortfalls and validation messages before submission.

Returns and earlier-period work

Work with regular returns and supported correction workflows for current and earlier financial years.

Internal team coordination

Configure TaxPower TDS according to the organisation’s standalone or multi-user working requirements.

Manage employee salary computation and vendor deduction workflows in one system

TaxPower TDS Corporate Edition supports employee-level Form 24Q salary computation together with vendor and contractor deduction workflows.

Employee salary computation for Form 24Q

TaxPower TDS supports employee salary computation for Form 24Q, including salary components, exemptions, Chapter VI-A deductions and TDS liability under the applicable Old or New Tax Regime.

Salary components

Salary income components, allowances and applicable exemptions.

Perquisites and other salary income

Perquisites, profit in lieu of salary and applicable other income.

Section 16 and Chapter VI-A deductions

Work with relevant deductions used in the employee salary computation.

Taxable income and liability

Review taxable income, tax liability, rebate, surcharge and cess where applicable.

Old or New Tax Regime

Select the applicable tax regime within the employee Form 24Q workflow.

TDS and payable position

Review TDS deducted and the resulting tax payable or refundable position.

From employee salary details and applicable deductions to TDS liability, return preparation and validation, TaxPower TDS supports the organisation’s Form 24Q working process in one system.

TaxPower TDS Form 24Q employee salary computation screen with tax regime and TDS working

Employee salary computation for Form 24Q

TaxPower TDS HRA computation screen for Form 24Q salary working

HRA exemption and taxable-value working

TaxPower TDS Chapter VI-A deductions screen for employee salary computation

Chapter VI-A deduction working

Vendor and contractor deduction workflows

Maintain vendor or deductee details, section-wise deduction information and relevant challans. Use this information for return preparation, validation and supported correction workflows.

Vendor and deductee records

Maintain the information required for applicable vendor and contractor TDS work.

Deduction and challan working

Work with section-wise deduction details and the relevant challan information.

Return preparation and corrections

Use the available data for return preparation, validation and supported correction workflows.

TaxPower TDS return preparation dashboard with regular and correction return options

Vendor and contractor return working

Returns and corrections

Work with regular returns, corrections and earlier-period requirements

TaxPower TDS allows users to select the relevant TAN and financial year before opening the applicable regular or supported correction-return workflow.

Start with the right context. Select the relevant organisation or TAN, financial year and return period before proceeding with the applicable workflow.

01

Select the organisation and TAN

Open the organisational record and TAN connected with the return.

02

Select the financial year

Choose the financial year relevant to current or earlier-period work.

03

Select the return workflow

Open the applicable regular or supported correction-return workflow.

04

Add or retrieve available data

Work with available deductor, deductee, transaction, challan or original return information.

05

Make the required corrections

Update the relevant information within the supported correction workflow.

06

Review validations and shortfalls

Check validation messages, possible tax shortfalls, interest, fees and challan information.

07

Generate the FVU

Generate the applicable FVU and review its validation results.

08

Complete portal submission

Complete the required OTP or DSC authentication and submit through the official Income Tax portal.

Keep return work structured before portal submission

Review the selected period, available return data, supported corrections and FVU validation results before completing the final portal submission.

Specific correction requirements can be reviewed with the TaxPower team during the demo or trial setup.

TaxPower TDS return preparation dashboard with regular and correction return options

Return preparation and correction workflow

Filing review

Review filing issues before submission

TaxPower TDS supports checking and review before the final filing process.

PAN and FVU validation

Review PAN information and FVU validation results to identify records or messages requiring attention.

Tax-shortfall, interest and fee review

Review whether the available deduction and challan information indicates a possible tax shortfall, interest or applicable fee.

Challan mismatch review

Identify challan information that may require updating, correction or mapping.

Validation messages and corrections

Review validation messages and make the required changes before proceeding with submission.

TaxPower TDS bulk PAN validation screen showing employee PAN status verification

Bulk PAN validation and review

Challans and TRACES

Coordinate challans and TRACES-related work

Manage challan calculation, payment handoff and mapping

TaxPower TDS supports the challan workflow from calculation and review through portal payment handoff, CIN update and mapping.

01

Review available or previously used challans.

02

Review tax, interest and applicable fees.

03

Generate the challan workflow.

04

Open the official Income Tax portal.

05

Complete payment on the official portal.

06

Update the CIN in TaxPower TDS.

07

Map the challan to the relevant return data.

Payment is completed by the user on the official Income Tax portal. TaxPower TDS supports the related calculation, portal handoff, CIN update and mapping workflow.

TaxPower TDS challan adjustment screen for mapping deducted tax amounts

Challan amount mapping workflow

Handle key TRACES-related requests and downloads

  • Bulk PAN verification
  • Outstanding demands
  • Challan details
  • TRACES inbox
  • NSDL Conso file
  • Justification Report
  • Applicable bulk certificate files

Users raise the relevant request through TaxPower TDS and download the available file through the software once it is ready on TRACES.

TaxPower TDS TRACES request and download screen with secure login workflow

TRACES request and download workflow

Configure TaxPower TDS for your organisation's working setup

TaxPower TDS runs on Microsoft Windows and can be configured for standalone or multi-user use.

Standalone or server installation

Install the software on a standalone Windows system or a configured server suitable for the organisation’s setup.

Separately licensed client PCs

Add separately licensed client PCs according to the organisation’s working requirements.

Network access

Licensed client PCs can access the configured setup through LAN, WAN, VPN or a customer-managed Windows VPS.

Data storage and backup

Core TaxPower TDS data is stored on the PostgreSQL Server configured for the organisation’s installation. A configurable backup path can be maintained according to the implemented setup.

Internet connectivity is required for portal-linked workflows, activation, verification and applicable online services.

Keep organisational TDS work visible and reviewable

TaxPower TDS supports organisation and TAN-wise working across applicable financial years and return periods. Use available reports and registers to review deductor, deductee, challan and return information.

TaxPower TDS returns register showing filing and processing status across TDS forms

Returns register and filing status

Evaluate Corporate Edition with your organisation's workflow

Organisations can begin with a focused 90-day assisted trial on one supported Windows PC for one user, using up to 3 TANs to evaluate the Corporate Edition workflow.

The trial is installed and configured with support from the TaxPower team.

The assisted trial includes

  • Up to 90 days
  • Evaluation for up to 3 TANs
  • One supported Windows PC
  • Focused evaluation by one user
  • Assisted TaxPower TDS installation
  • PostgreSQL and required component setup
  • Organisation and contact registration
  • Email and mobile OTP verification
  • Remaining trial days displayed in the product
  • Online onboarding and training

After the trial period ends, trial access stops and the user is prompted to contact TaxPower regarding continuation and licensing.

For ongoing use, the licensed setup can be configured according to the organisation’s standalone or multi-user requirements.

90 Days

Assisted evaluation period.

Up to 3 TANs

Evaluate with a limited working set.

Assisted Setup

Installation and onboarding support.

See the workflow with your own requirements

Use the trial to evaluate the Corporate Edition workflow with assisted setup and onboarding.

Transparent pricing for organisations

Initial installation

₹7,000 + GST

Financial-year renewal

₹3,500 + GST

Additional client PC

₹1,000 + GST

Additional client-PC licences can be added according to organisational requirements.

Prices are uniform across India. GST is additional. Online onboarding and training are included. Product updates and support continue with the applicable financial-year renewal.

Corporate Edition pricing: intended for companies and organisations managing their own TDS/TCS compliance. The applicable edition is confirmed according to the actual customer and usage category before quotation and licence activation.

Implementation, training and support for your organisation

TaxPower TDS is developed by Magnum Infosystem and marketed, implemented, trained and supported by Dharankar Business Solutions Pvt Ltd.

Dharankar Business Solutions Pvt Ltd is the primary customer-facing entity for:

  • Product evaluation
  • Corporate Edition selection
  • Trial installation
  • Implementation coordination
  • Online onboarding
  • User training
  • Remote assistance
  • Licence and renewal support
  • Guidance for supported product workflows

Dharankar Business Solutions Pvt Ltd

  • 10:30 AM–7:00 PM
  • Remote support
  • Online onboarding and training
  • Closed Sundays
  • Public holidays apply

Magnum Infosystem

  • 10:00 AM–8:00 PM
  • Closed Sundays
  • Public holidays apply

Users remain responsible for reviewing return data and completing the required portal authentication before submission.

Frequently asked questions about TaxPower TDS Corporate Edition

Corporate Edition is intended for companies, LLPs, organisations and internal finance, accounts or payroll teams managing their own TDS/TCS work.

Yes. TaxPower TDS supports employee salary computation for Form 24Q, including salary components, applicable exemptions, Chapter VI-A deductions and TDS liability under the selected Old or New Tax Regime.

Yes. TaxPower TDS Corporate Edition can manage unlimited TANs within the licensed installation.

Yes. It supports regular returns and supported correction-return workflows for the applicable financial year and return framework.

Yes. Users can select the relevant earlier financial year and work with the supported return or correction workflow available for that period.

Yes. Separately licensed client PCs can access the configured licensed setup through LAN, WAN, VPN or a customer-managed Windows VPS where applicable.

Supported workflows may include bulk PAN verification, outstanding demands, challan details, the TRACES inbox, NSDL Conso files, Justification Reports and applicable bulk certificate files.

The assisted trial includes installation, PostgreSQL and component setup, registration, email and mobile OTP verification, onboarding and evaluation for up to 3 TANs. It is installed on one supported Windows PC for focused evaluation by one user.

The initial installation is ₹7,000 plus GST, the financial-year renewal is ₹3,500 plus GST and each additional client PC is ₹1,000 plus GST.

Core TaxPower TDS data is stored on the PostgreSQL Server configured for the organisation’s installation. Internet connectivity is required for portal-linked workflows.

Evaluate TaxPower TDS for your organisation

See how TaxPower TDS Corporate Edition can support employee salary and vendor deductions, regular and correction returns, validations, challans and TRACES-related workflows within your organisation.

Begin with a focused 90-day assisted trial on one supported Windows PC for one user, with up to 3 TANs.

Assisted installation, online onboarding and training are included.