SAP BLOG How to configure recent amendment for TDS 25% in INDIA

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How to configure recent amendment for TDS (25%) from Government of INDIA in SAP ?



13th May, 2020 press release

Reduction in rate of Tax Deduction at Source (TDS) & Tax Collection at Source (TCS) In order to provide more funds at the disposal of the taxpayers for dealing with the economic situation arising out of COVID-19 pandemic, the rates of Tax Deduction at Source (TDS) for the following non-salaried specified payments made to residents has been reduced by 25% for the period from 14th May, 2020 to 31st March, 2021



Please find the link to get Press Release Document



https://www.incometaxindia.gov.in/L...duction-in-TDS-TCS-Rates-dated-14-05-2020.pdf



Assumptions :-

  • Configuring in SAP system.
  • All the basis WHT is completed .

*Formula base WHT is checked

  • All the master data are set correctly in vendor master .
  1. County IN
  2. Maintain WHT code



To test the WHT Configuration using program RFWT1000 before posting transaction .



Below Screen shows the posted document for the WHT code rate 10% Cal : 25% of 10% (7.5 %)

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Example shown for

Define Withholding Tax Type for Invoice Posting



Additional Configuration for the amendment

Below are the additional steps to perform for the expected results .

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Posted document Display



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Note : same wise configure for Define Withholding Tax Type for Payment Posting .

There is no validity end date for TDS.consider to year-end activity .

Change Condition record in case TCS is derived from pricing procedure .



please reply if their are any other ways to get the expected results
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