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System should allow to add two values at WHT code with Maximum and Minimum limit fields to be enabled and it should work as threshold designer while posting the adjustment entries through WHT journal. This feature should be added to the product as per the customer business requirement it is required due to which it will be convenient for them to adjust the transactions based on the transaction amounts and the tax will also be adjusted based on the setup defined at the Value level.
Category: Tax
STATUS DETAILS
Needs Votes

Comments

M

If any vendor is having dual TDS transactions, one in lower TDS rate and another in normal TDS rate under different section and TDS is wrongly deducted in lower TDS code then to reverse the same, withholding tax journal is required with lower TDS functionality

Category: Tax