Tax Auditors
Interest and Penalties
With the increased scope of TDS on the sale of goods, it is imperative for businesses to perform 26AS reconciliation and reconcile their TDS and TCS ledgers on a quarterly basis. Reconcile TDS with 26AS to not only avoid the risk of losing Tax Credit (ie TDS or TCS) but also save companies from surprise addition of Income by the Assessing officers.
Firmway’s advanced 26AS Reconciliation software’s saves you from levy of interest and penalties. Firmway Artificial Intelligence (AI) based software not only auto reconciles the TDS/TCS credits on a click but also auto follows up with Customer for correction. It saves companies from endless justification to Assessing Officers and Tax Auditors.
Save Thousands of Man-Hours with Automated 26AS Reconciliation
- Provides the TAN Numbers through PAN Numbers
- Reconciles in 60 Seconds
- Complete documentation with Party level summary
- Handle voluminous data with ease our TDS reconciliation format in Excel
Artificial Intelligence based algorithms
- Prioritize logics to find matches at Invoice Level and then at Weekly or Monthly or Quarterly or Half Yearly or Annually
- Validated logics by 100+ Large Indian Businesses using Firmway’s Tool
- Keeps a track on ever changing 26AS
- Customizable Algorithms to give maximum results
- Identifies errors like TDS deducted on GST Amt, Excess/Short TDS, etc.
Artificial Intelligence based algorithms
- Prioritize logics to find matches at Invoice Level and then at Weekly or Monthly or Quarterly or Half Yearly or Annually
- Validated logics by 100+ Large Indian Businesses using Firmway’s Tool
- Keeps a track on ever changing 26AS
- Customizable Algorithms to give maximum results
- Identifies errors like TDS deducted on GST Amt, Excess/Short TDS, etc.
Automatically Resolve Issues with Customers for Seamless 26AS Reconciliation
- Detects customers who have not given credits or correct TDS credits.
- Auto follows up on Emails and SMS
- Auto Escalation in case of no response
- Tracks customers response on live Dashboard
Unlock Hidden Benefits
- Complete documentation for your Assessing officers, Tax Auditors etc
- Invoice level matching as detailed working papers
- No surprise income additions at Income Tax Assessment
- Ensures Timely correction from your customers
Unlock Hidden Benefits
- Complete documentation for your Assessing officers, Tax Auditors etc
- Invoice level matching as detailed working papers
- No surprise income additions at Income Tax Assessment
- Ensures Timely correction from your customers
Numbers Speak for 26AS Reconciliation
Numbers Speak for 26AS Reconciliation
