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Former Member
Dec 31, 2007 at 10:37 AM

TDS (eWHT) problem

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Dear All,

In one of our client place I am facing one problem pertain to TDS (eWHT). Using CIN.

Following is the business transaction done. In the vendor master we have maintained TDS deduction at the time of Payment.

1. Down Payment made to the vendor for Rs. 1000. So the TDS is deducted for Rs. 1000.

2. Bill is booked for Rs. 2000

3. Final payment for Rs. 1000 made after adjusting the down payment and bill. At this time the TDS deducted earlier (at the time of down payment) is getting reversed and TDS is calculated for the full bill amount Rs. 2000.

Now the client needs the following:

1. At the time of final payment, TDS has to calculate only on Rs. 1000. Is it possible?

2. Also the client want to maintain and activate TDS codes (Invoicing and Payment) in the vendor master. Based on the transaction that is either payment or invoicing whichever is first done, TDS has to calculate automatically. Is it possible?

It is very urgent.

Regards,

nm