I am using TAXINN procedure. My tax is ED8%ECess2%HCess 1% (Deductible). I have maintained in FV11 8% for JMOP, 2% for JECP and 1% for JSEP. For the setoff total condition do we need to maintain any percentage?
1. Do I have to maintain 100% in the following conditions in FV11? What is the reason for it?
JMX1- IN: A/P BED setoff Total
JMX2- IN: A/P BED inventory Total
JEX1- IN:A/P ECS Setoff Total
JEX2- IN:AP ECS INV Total
JHX1- A/P SECess SOTotal
JHX2-A/P SECess InvTotal
2. What is the purpose of setoff total conditions?