Financial - JDE1 (MOSC)

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TDS is not calculated as per concessional rate in P75I15A, it picks rate from P75I10A

edited Jan 11, 2022 7:49PM in Financial - JDE1 (MOSC) 2 commentsQuestion

Hello

We have set the TDS rate for date range 01/04/2021 and 31/3/2022 as 10 % for TDS type P and per/corp value "B" under application P75I10A.


The supplier has "B" as value in Tax Information for person/corp field.


We have set the concessional rate for supplier as 1 % for TDS type P, under application P75I15A for date range 14/06/2021 and 31/3/2022. We have also assigned concessional limit (2036000).


Still the rate which is picked by system is 10 %, not 1%.


Note:- Before setup concessional limit, we have already deducted tds on 10% in previous voucher from 01/04/2021 to 13/06/2021 having amount (1830000.00)

So, could you please confirm that, is system calculate previous amount in concessional limit.

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