Tally.ERP 9 » Tally.ERP 9 is the latest offering of the Tally software series. As with all Tally products, rapid updates are made available for the lifetime of the product via periodic releases, thereby providing the high level of business capability that millions of users trust. This migration is recommended for all Tally 9 licenses. The Highlights in Tally.ERP 9 Series A Release 4.6 : ♦ Accounting Reports  View all Party Outstandings in Receivables, Payables and Group Outstanding reports with the new option 'Bill-Party wise' for a quick analysis ♦ Payroll  As per the Budget 2013-14, the following changes are supported: • Tax Rebate U/s 87A of an amount equal to a) Rs. 2,000 per annum or b) Total tax amount whichever is less, for resident individuals with total taxable income up to Rs. 5,00,000 • Surcharge of 10% for individuals whose taxable income exceeds Rs. 1 crore per year • Income Tax Benefit on interest on Housing Loan (First Time Buyer) U/s 80EE ♦ Printing  Now ZOOM IN up to 600% in print preview of all reports / invoices using mouse and keyboard for enhanced visibility ♦ TDS  TAN and PAN structure will be validated during creation to eliminate errors in filing returns  Now, Proprietorship firms can print TDS Challans and returns with proprietor's name, as mentioned in PAN  TDS Computation report (Party/Expense Wise) can now be sorted based on Date, Ref No. or Nature of Payment Register for a Demo