IT department allow grant of credits exclusively based on Form 26AS. It is thereby essential for any organization to track and reconcile the taxes deducted at source as the loss of tax credit is loss of business revenue.

Manually reconciling your data with Form 26 can be a challenge, especially if you have a large number of transactions, and several possible discrepancies. Business simply cannot afford the risk of mistakes and delay associated with manually reconciling the Form 26AS with your register. Shifting through the data to respond timely to any notice seeking clarification also becomes challenging when done manually.

The Need For A Robust Reconciler

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Unreconciled Tax Credits

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Notices Seeking Explanation/
Rejection Of Claims

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Loss Of Business Revenue

taxcredit

Tax credits can be claimed only if available in 26AS

file

Higher data volume poses a challenge in timely reconciliation and response to A.O.

check

Can be a risk area for levy of interests and penalties

loading

Spillover to next tax
cycle causes further discrepancies and complications

Taxilla provides the most efficient and effective 26AS reconciliation along with the ability to
connect with all your internal source system, load in native formats, and provide you with neatly
categorised transactions, so that you can investigate the mismatches

Why our clients choose us

happycustomer

Taxilla not only automates the reconciliation with enReconcile, but your entire record to report
processes.

pointIntegrate with your existing application for both ingress and egress of data

pointLoad the data from your ERP/Register in its native format and receive the output data in the format that your systems take as input

pointAuto clearance based on rules, with ability for manual knocking. Configurable reports, dashboard, and BPM alerts

Benefits of
26AS Reconciliation
with enReconcile

mismatches

Mismatches identified in TDS
deposits from customers can
be collaboratively resolved
within the platform

efficiency

Achieve process efficiency by semi-automating the critical part of 26AS reconciliation and significantly
reducing manual effort

report

Prepare rule based reports to
respond to Assessing Officer in
the event of notices seeking
clarifications

collaborate

Collaborate with configurable BPM
across roles and tenants to alert the users when the pre-configured
threshold is exceeded

edit

Reviewers can edit and
manually force match/
unmatch the records - with
comment for audit trail