Enterprises often run the risk of losing tax credits (i.e., TDS and TCS) due to lack of regular reconciliation between books of accounts and the government records (Form 26AS). Manual efforts to reconcile voluminous data set further complicate the overall process to identify reasons for mismatches and take effective action for resolution. This also becomes a key risk area for levy of interest and penalties.
KPMG 26AS Reconciler is our technology enabled service for managing TDS/TCS credits as per Form 26AS and books of accounts. Analytical dashboards with actionable reports are enabled for digitally managing such credits and mitigating leakages.
