Bengal withholding tax
Hi,
Can anybody help me?
Requirement: period withholding tax, the amount range. Only get one rate from amount ranges tax.That is, when a higher tax rate range is reached, the original low tax rate is recalculated at a high tax rate. Can the standard function be implemented?
Case:
Amount Range:
From to rate
0 - 100 3%
100 - 1000 10%
1000 - Over 20%
Invoice 1:
Invoice Amount :50
Amount Subject to Withholding : 50
Invoice Withholding: 50*3%
Period Amount Withheld: 50*3%
Invoice 2:
Invoice Amount :100
Amount Subject to Withholding : 150
Invoice Withholding: 150*10%-50*3% (Not 100*3%+50*10%-50*3%)
Period Amount Withheld: 150*10% (Not 100*3%+50*10%)
It is Bengal requirement, But I can not found the location solution.