on 08-26-2015 8:12 AM
Hi All ,
I want to maintain threshold limit for RS 75000 for section 194C . I have already maintain min base amount RS 75000 in both WHT Type(invoice and payment) also select accumulation radio button in both tax type. But system consider this threshold limit separately for invoice and payment type.
As per my client requirement we want to define this threshold limit (RS 75000) combined for both invoice and payment type.
Example--> Post Down payment with RS 30000. Now post the invoice RS 60,000 , here system should calculate the TDS because combined threshold limit is exceed. But system is not calculate the TDS because system consider threshold for invoice and payment type separately . Here invoice tax type
threshold limit is not exceed that is why system is not calculate TDS on this invoice.
Please help to resolve this issue.
Regards
Rohit Singh
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Hi Mukthar ,
Thanks for your instant reply . sorry! same issue is persist. System is not consider combined threshold limit. I think , we have to map WHT tax type for invoice and WHT tax type for
payment in any table or view to define combine threshold limit . But I don't know where...
Regards
Rohit Singh
Hi Rohit,
It is a standard behavior of the system, because at the time of down payment clearing w/ref to invoice the TDS will be reverse, so here system wont consider the down payment as base amount. If you post invoice with 30000 & 60000, then it calculates the TDS at 2 invoice booking.
Regards,
Mukthar
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