Functional Consultant

Functional Consultant Interview Questions and Answers for Freshers

Updated 15 Jul 2025
3d ago

Q. What are the compliance requirements for Indian Taxation, especially GST and TDS?

Ans.

Indian taxation compliance includes GST and TDS regulations, ensuring proper tax collection and reporting by businesses.

  • Goods and Services Tax (GST): A unified tax system that replaced multiple indirect taxes, requiring businesses to register and file returns regularly.

  • GST Returns: Businesses must file monthly and annual GST returns, such as GSTR-1 (sales) and GSTR-3B (summary), to report their tax liabilities.

  • Input Tax Credit (ITC): Businesses can claim ITC on GST paid for i...read more

5d ago

Q. What are the new features in the Tally application, and what is the latest release version?

Ans.

Tally has introduced several new features in its latest version, enhancing usability and functionality for businesses.

  • GST Compliance: Tally now offers improved GST features, including automated filing and reconciliation, making tax compliance easier for businesses.

  • Enhanced User Interface: The latest version includes a more intuitive user interface, allowing users to navigate and access features more efficiently.

  • Multi-User Access: Tally now supports enhanced multi-user capabil...read more

Asked in TCS

2d ago

Q. Why are you choosing TCS?

Ans.

TCS is a global leader in IT services with a strong reputation for innovation and client satisfaction.

  • TCS has a strong reputation for innovation and client satisfaction

  • Global leader in IT services

  • Opportunities for growth and development

  • Strong focus on employee training and development

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