Statutory Compliance Architecture

Automated TDS Calculation and Section Rate Engine

Eliminate manual computation errors. Solix continuously validates vendor thresholds, applies FY 2024-25 rates, and routes every transaction directly to Form 26Q registers.

Active Indian Tax SectionsUpdated for Finance Act Guidelines

Applies to contracts for advertising, transport, catering, telecasting, and manufacturing through customer specs.

Exemption Threshold₹30,000 single / ₹1,00,000 aggregate
Standard Statutory Rate1% (Ind/HUF) | 2% (Others)
Engine Rule: Auto-aggregates all FY invoices per vendor. Deducts immediately once ₹1,00,000 cumulative limit is breached.

Sec. 206AA Compliant
Built-in PAN Validation
Continuous verification against ITD registries to protect your business from non-deduction penalties.
Vendor PAN Format:AAAAA0000A
Aadhaar Link Status: Verified Active
Missing / Invalid PAN:Auto-escalate to 20%

If an operative PAN is absent or inoperative under Rule 114AAA, the rate engine automatically triggers the mandatory 20% higher deduction threshold specified in Section 206AA.

Sec. 197 / 197A
Lower Deduction Certificate Handling
Automated tracking of TRACES certificates with real-time balance exhaustion safeguards.
TRACES Cert Number:LDC-2024-8841X
Approved Concessional Rate:0.50%
Sanctioned Limit:₹25,00,000

Upload Form 13 orders once. Solix checks validity dates and financial limits per voucher. Any transaction volume beyond the approved ceiling automatically rolls back to statutory rates.

Quarterly Ready Output

Automatic Form 26Q & Challan ITNS 281 Reconciliation

Every calculation syncs directly with voucher entries, generating BSR code mappings, challan serial allocations, and quarterly text returns ready for the NSDL e-Gov validator.

Statutory Workflow

Challan Reconciliation & Quarterly Returns

Operational walkthrough of ITNS 281 challan matching, BSR code verification, and generation of error-free Form 26Q and 24Q quarterly statements for Indian enterprises and accounting teams.

01OLTAS & TRACES INGESTION
ITNS 281 Challan Ingestion & Mapping
Automated retrieval and parsing of paid ITNS 281 tax challans via direct portal sync or CSI ledger import. Every deduction entry automatically maps to its corresponding assessment period and corporate TAN.
Section 194C / 194J / 194IZero unallocated deductions
100% automated challan allocation
02BANK LEDGER VALIDATION
BSR Code & CIN Cross-Verification
Instant dual-validation of 7-digit bank BSR codes, tender dates, and Challan Identification Numbers (CIN) against OLTAS database records to eliminate mismatch notices under Section 200A.
BSR & CIN StatusValidated with RBI records
Cryptographic validation complete
03STATUTORY EXPORT
Quarterly Form 26Q & 24Q Generation
Production of audit-ready FVU utility text files and Excel-based reconciliation sheets for Form 26Q (non-salary) and Form 24Q (salaried). Pass NSDL validation without single-digit errors.
NSDL FVU CompatibilityReady for portal upload
Pre-validated text file export

Audit Verification Status: Q2 Form 26Q Batch

Matched against Income Tax Department OLTAS file records. All challans mapped with zero interest penalties or Section 201 defaults.

CHALLAN IDENTIFICATION NO. (CIN)STATUTORY SECTIONBSR CODEDEPOSITED AMOUNTVALIDATION
0210045-20240915-00124SEC 194J0210045INR 84,500Reconciled
0210045-20240918-00189SEC 194C0210045INR 1,12,400Reconciled
0540112-20240922-00041SEC 194I0540112INR 65,000Reconciled
Compliant with NSDL e-Gov return preparation utility v8.2 standards.
TAN: MUMS12345C · FY 2024-25