Transformation Stories

For our esteemed client in the Automotive Industry

Challenge

TDS - Too Difficult a System or Tax Deducted at Source

  • Keeping track of all TDS transactions and processing it in an error free manner.
  • Reducing manual intervention and replacing the same with a solution which is precise.
  • Completely Invalid PAN or structurally valid but actually invalid PAN leading to TDS at higher rates as specified u/s 206AA

Solution

TRUST US WE ARE YOUR ALLY

  • We understood the existing system from end to end.
  • Our never stop spirit helped us get past huge volume of data and we provided ERP integration
  • An after effect of this was the seamless flow of transactions and getting rid of manual data cleansing.
  • Our automated TRACES integration solved the PAN verification issue in an instant

Result

WE QUANTIFY IT

  • 99% accuracy on PAN verification.
  • Upto 95% reduction on short deductions
  • Moving from DD to HH- work done in days magically done in hours
  • Productivity increased substantially thereby facilitating growth
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