Tds " urgent
My Client is asking
Tds Contractors Total Percentage 2.26
When ever contractor get certificate throught income tax officer
my client deduct 1 (or) 0.10 (or) 0.20
like lot of percentages is there
but, there no fixed
where can i do configration
Those TDS exemptions are vendor based. So assign in Vendor master record under withholding tax tab. There u have to assign those under withholding tax tab.
Specify like Tax codeTax typeChoose liableReason(optional)Exemption %+ Exemption from+Exemption to Periods. (Xk01 or Fk01)
Hope this is help full, if yes assign points, any problem reply me.