on 04-16-2008 8:07 AM
Hi All,
Do we have any standard TDS smartform for Philippines. Any help will be appreciated in this concern.
its very urgent....
regards
Gupta
Edited by: PSNG on Apr 16, 2008 12:38 PM
Hi,
TDS is TAX DEDUCTED AT SOURCE is collected for many reasons. Depending upon the process, we need to capture in SAP.
Fore more information in TDS, please check the links
http://www.du.ac.in/coursematerial/ba/tax/Lesson-15.pdf
http://incometaxindia.gov.in/etds_faqs.asp
1.in vendor master record, withholding tax codes for payments are assigned.
So, that's why it is deducted at the time of payment posting also
Regards,
Kumar(Reward if helpful).
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