Wind-induced and earthquake-induced excitations on tall structures can be effectively controlled by Tuned Liquid Damper (TLD). This work presents a numerical simulation procedure to study the performance of tuned liquid tank-structure system through sigma-transformation based fluid-structure coupled solver. For this, a 'C' based computational code is developed. Structural equations are coupled with fluid equations in order to achieve the transfer of sloshing forces to structure for damping. Structural equations are solved by fourth order Runge-Kutta method while fluid equations are solved using fmite difference based sigma transformed algorithm. Code is validated with previously published results. The minimum displacement of structure is observed when the resonance condition of the coupled system is satisfied through proper tuning of TLD. Since real-time excitations are random in nature, the performance study of TLD under random excitation is also carried out in which the Bretschneider spectrum is used to generate the random input wave.