• by Miracle Cloud ERP
  • June 18, 2025
  • Understanding TDS and TCS – A Practical Guide for Business Owners

    TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) are essential components of tax compliance for Indian businesses. With Miracle Cloud Accounting Software, managing TDS and TCS becomes simple and automated. From deduction to filing, Miracle ensures complete accuracy and timely submissions without the usual confusion and delays.a

    Track, calculate, and file TDS/TCS effortlessly with Miracle Cloud Accounting Software — built for modern Indian businesses.

    Improper handling of TDS and TCS can lead to penalties and compliance issues. Miracle Cloud Accounting Software helps you automate these processes — right from capturing eligible transactions to generating Form 26Q and 27EQ. Business owners can now stay compliant without the manual burden or relying on multiple platforms.

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    Stay TDS/TCS compliant the smart way with Miracle Cloud Accounting Software — built for accurate, hassle-free tax handling.

    • Auto-detection of applicable TDS/TCS transactions
    • Monthly TDS summary dashboard
    • Auto-filled TDS returns
    • Easy generation of Form 16A
    • Compliance alerts and due date reminders

    TDS and TCS compliance doesn’t have to be complex. With Miracle Cloud Accounting Software, you can manage everything in one place — quickly, correctly, and confidently. Avoid penalties, reduce manual effort, and stay updated with the latest tax rules. Make the smart switch to Miracle and simplify your tax compliance journey.