Round formula for TCS amount

This query is : Resolved

Daya (Querist)
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04 February 2026 Round formula for TCS/TDS /GST/ Interest/ Penalty amount should be used with round formula
Please provide which is better option
TDS/TCS round with 0
TDS/TCS round with 2 Digit
TDS/TCS Round up.
Please which is better for round tax portion.
and Also for Round formula for Each invoice For TDS/TDS/GST.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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05 February 2026 Always follow statutory rounding even if ERP allows other methods.
Using ROUND (nearest) avoids disputes, excess collection, and reconciliation issues.

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