TDS

[Former Member]

HI

Guru's

Here in my client,this is the Requirement, when I am post the Invoice 4,000( base amount for 194H is 5,000), no tds will calculate

than I posted Rs. 500, it will not calculate any tds, again I posted 1500, it calculates only for 1,000

Invoice Value, but Client Suggestion is that it should be calculate on ,total value of 6,000-00.

Please guide me about this Issue

with regards

Arun Kumar

[Former Member · Accepted solution]

Dear Arun,

Do the following.

Step 1. Go to Withholding tax type, under accumulation type select "per yeat starting with mnth" and

insert 4 in month. Also select "Acc.w/tax max."

Step 2. Go to define tax code, in your (respective tax code) select "W.tax form" and dont enter the rate

Step 3. Go to Define Formulas for Calculating Withholding Tax, ener your withholding tax type and tax code and other information there and select Formulas for calculating withholding tax. In To base amount put 5,000 and Whld tax 0. in the next row To base amount put 5,001 and in Whld tax is tax rate applicable.

It will be done.

[Former Member]

hi

THAKS for ur valuable answer

[Former Member]

tyhanks

[Former Member]

HI

Chintan

Please explain me in detail, as per ur suggestions i did

but , it is not calculating surcharge amount

With Regards

Arun Kumar

[former_member182098]

Hello,

Recheck your config.

You must have maintained minimum threshold amounts to claculate the TDS.

Regards,

Ravi