Slab wise withholding tax calculation

[Former Member]

Hi all,

My client want to calcualte WHT slab wise ,for e.g

Invoice amt                                    WHT%

If amt 0     to 1000                            0%

if amt 1001  to 2000                         10%

if amt 2001  to 3000                         20%

if amt more then 3001                      30%

please help how can i configuration above scenario , for india country .

Regards

jay

[Former Member]

Hi Jay,

Please do the formula based TDS deduction configuration.

there you can configure for which Tax type and Tax code, you want deduct TDS  from based on amount..

in the formula you have the options to select on amount of how much rate of TDS need to deduct .

let me if have any concerns.

Regards

Mahasiva.

[Former Member]

Hi Mahasiva sir,

I have configured , i have make invoice Rs .2000 system is calculate correct , whem i am making invoice Rs.3000 system is calculate TDS Amt Rs.800 , why , i think it should be 600 . for your reference find the below details of confi screen shot ,

[gavin_gao]

Hi Jay,

I think the 200 = 800 - 600 is calculated from your customizing in second slab 2000 * 10%.

br,
Gavin