Understanding the Entry of TCS Prepayment Details

You use the TCS Prepayment to Tax Authority program (P75I604) to enter details about the TCS prepayment that is collected from the customer. This information is sent to the tax authority when you run the Form 27D- Certificate for collection of TCS (R75I627) program. The TCS Prepayment To Tax Authority form displays the TCS amount and enables the user to enter the payment details, such as payment date, account number, tax authority, challan number, Basic Statistical Return (BSR) code, and check or demand draft (DD) number.

The TCS Prepayment to Tax Authority program enables you to view all of the TCS prepayment details for the customer and update the challan number for the payments.

The tax payment and voucher details are stored in the TCS Prepayment To Tax Authorities table (F75I612).