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Threshold limit for exemption rate of TDS deduction

Hello Experts

I have requirement that, Vendor will have lower rate of deduction certificate for WHT Code.

For cumulative invoices till Rs.5 Lacs, I will deduct only 0.5% and after that, I will deduct at 2% (i.e. normal).

For this I am trying formula for calculating WHT. Please look at the screenshot and guide me, how to configure.



WHT.JPG (43739 B)
Former Member

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