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Former Member
May 14, 2008 at 08:38 AM

Wrong calculation of TDS (With holding Tax)

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Hi Gurus,

I have matained TDS rates as follows - CA - 1%(Basic), CB - 0.1 (sucharge), CC - 0.022 (Edu. Cess), CD - 0.011 (Sec.Edu.Cess).

I have assigned these same codes for some of the vendors. For all the vendors it is calculating TDS as rates maintained. But we are having one vendor against which we are not able to calculate the Education cess & secondary education cess. It is deducting only basic WH tax. Also the amount of deduction is wrong.

I have checked all the setting. Please let me know any other solution for this problem.

Thanks

Sonal