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Former Member
Jan 07, 2008 at 04:52 AM

Issue WHT Certificate-reg

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Dear Friends,

I have a issue w.r.t TDS certificate printing.

I have configured WHT in our company.

I did the following sequence of transactions.

1. Vendor down payment vide F-48 for Rs. 50000/- TDS is deducted 10% and SC 5%

2. Challan Updation vide J1INCHLN

3. Bank Updation vide J1INBANK,

THEN

4. I posted Vendor invoice for Rs. 500000/- TDs and SC at the requred Tax is deducted and posted

5. I cleared the Down payment of Rs. 50000/- vide t-code F-54

6. then I did J1INCHLN AND J1INBANK for invoice document.

The issue here is

The TDS certificate shows two line item, one for Rs. 50000 and tds and Surchage

the other is Rs. 500000/- with TDS and Surchage to the extent of Rs. 450000/-

My query here is the TDS and Surchage shown here is correct, but instead of showing Rs. 450000/- in the second line item the certificte shows the full value of Rs. 500000/- (which is invoice amount).

It seems misleading that the vendor has received Rs. 550000/- in total instead of Rs. 500000/-

Can any body clarify me what went wrong.

Points will be awarded.

Thanks and Regards,

Sathish