UPDATE AS on 14th March, 201o
All tally users should upgrade to latest versions of tally.erp 9. as on today the latest version is tally.erp 9 release 1.61
Many Tally users are not sure to upgrade to tally.erp 9 or not.
My opinion is that due to financial closing of F.Y. 2008-09, it is not advisable to upgrade to tally.erp 9 if you have entries relating to vat, excise and TDS. you will face problems for filling vat, returns, TDS reports, tds for payment in relation to capital expenses and some other major problems are there to be solved by the tally team.
I have raised TDS query with the Tally and here is the reply I got from its support team confirming the problem in its ERP module and they will fix it in its next release.Here is the mail from the tally team
hide details 11:55 AM (4 hours ago)
Follow up message
We regret for the delay in replay
With reference to your email, we understand that you are facing difficulty while passing the entries related to TDS in Tally ERP9. We would like to inform you that we have been noted the issue and working on the same. Once it get resolved we will update in website or in mail.
For any further clarifications, please feel free to contact us.
Technical Services,Tally (India) Pvt. Ltd.,
Voice Support: 1800-228-859/1800-425-8859/0091-80-25638240
Email: [email protected]
Also, I have raised an another problem relating to incorrect reporting under the Gujarat Vat vide support ticket no. [TLY-6472787-3368857] on date 6th May, 2009. so it is better to wait for a month time and I am sure tally team will fix all the major problems in tally.erp 9 and then it will be a pleasing experience to work on tally.erp 9.
However for learning purpose only, there is not harm to download and upgrade to tally.erp 9