Hi Gurus,
My user is facing following problem:
TDS 10% on Rs.800000 = 80000/-(it is coming properly)
Surcharge 10% on Rs.80000/- = 8000/-(it is coming properly
Edu cess2% on Rs.(80000+8000) = 1600/-(it should be 1760/-)
H.Edu cess 1% on Rs.(80000+8000)= 880/-(it is coming properly)
The problem is Educ cess is not calculated properly.Pl advise.
Regards,
Samar