I wanted to know whether TDS, is coming along with SAP 2005 B? and if not then what is the option available in BP Master? there is a option available in SAP B1, called with holding tax and how it is effective? and i wanted to know , can we do the calculation of education and higher education cess on TDS?
Please do let me know the settings and options available in SAP B1?
In Indian Localisation TDS is an Add-on. Citixsys is the company which supplies that Add-on.
In this TDS Add-on, you can define the eCess and HES tax Rates in TDS Master definition.
You can get all TDS related report from this Add-on.
TDS Add-on is usable to deduct taxes from vendor and to pay the tax to the government.
Thru' TDS Add-On, you can deduct the tax and as report system can generate Form 16-A, and upload the tax deducted details thru' net.