Automate 26AS Reconciliation

Accounting Process, Process Automation, Tax Law Changes

One year of TCS Section 206C 1H and One quarter of TDS Section 194Q – How have things changed?

This Diwali marked the completion of First Quarter of TDS u/s 194Q which was implemented w.e.f. 01 July 2021 and also the completion of First year of TCS u/s 206C 1H which was implemented w.e.f. 01 Oct 2020.

The new provisions have affected the cash flow of many industries by impacting how their transactions are taxed.

Tax Technology Startup, Tech Startup

Idea To Market

TaxReco would like to share our experiences on our product evolution and our technology’s critical role to be a catalyst to evolve our product based on our customer needs. I will try to document our journey so far and break this down into milestones and, more importantly, the challenges in terms of technology and the critical architectural/design decisions we took to overcome those. Here are the steps our product has gone through – stages of evolution.

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