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How the TDS Threshold amount slabs will control TDS tax amount computation?

edited Feb 4, 2013 4:42PM in Financials for India - EBS (MOSC) 2 commentsAnswered
Dear Guru,

How the TDS Threshold amount slabs will control TDS tax amount computation?

My case is below:

Say initially user wont have any deductions… hence calculated with 10% TDS till DEC-2012.

 

After that vendor submitted (01-JAN-2013)…tds exemption with 4% TDS till 4,00,000.

 

So I have done an exception setup for this and assigned to the respective vendor.

 

But the system calculating tds tax amount by considering the invoice value from 01-APR-2012 instead of 01-JAN-2013.

 

How to implement this…

Regards,

Jagadeesh. A

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