Financials for India - EBS (MOSC)

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TDS Deduction for Sec TDS Section 393(1) - 1008 & 1009

Hi ,

There are 2 different TDS section is using for calculating rent for machineries and warehouse (building )

for TDS sec 1008 rate 2% and TDS sec 1009 rate is 10% and threshold for single inv is Rs 50000 and Cumulative Rs 600000

(threshold defined separately for both sections ) in some case we are paying both type of rent to same suppliers system calculating TDS based on the section and threshold definition

Requirement: system should be calculated TDS based on the PAN for both rates in single threshold slab how to achieve this requirement

Regards

Karthikeyan T

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