Four problems I keep seeing across fintech and platform companies:
Wrong section applied silently — 194C sent instead of 194J, caught months later not at payment time
Threshold crossing missed — third payment to same vendor crosses ₹30,000, nobody catches it, TDS skipped entirely
No reasoning stored — IT department asks why 2% not 1% on a payment from 8 months ago, team spends days reconstructing, sometimes can't prove it at all
Rate decided once at vendor setup — never rechecked per payment, vendor classification changes, wrong rate applied silently for months
Which one hurts most for your team?
If this was fully automated — wrong section blocked before payment, thresholds tracked per vendor, reasoning stored permanently — would your company pay for it? Or is this a problem you'd solve internally?
CAclubindia
