Financials for India - EBS (MOSC)

MOSC Banner

R12 - TDS should be deducted on -ve Misc Line (Any Other Taxes)

edited Sep 16, 2015 10:08AM in Financials for India - EBS (MOSC) 7 commentsAnswered

Hello,

We are on 12.1.3 and using all financial modules. We have a requirement to apply TDS on new Invoice amount ( Gross Amount - Discount). we have defined discount as Tax type 'Any Other Tax '. We have already applied service tax patch by which TDS is not deducted on service tax part.

When checked, system is not considering discount amount for calculation of TDS. How can we achieve this.

If a -ve discount line is added in the Invoice line and distribution, TDS is correctly calculated on net amount.

Regards,

Tanuja

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS India Financial Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center