TDS Configuration for 30%

[Former Member]

Dear Experts ,

I am very new TDS Configuration , my scenario is like ,, if Vendor Doesn't have PAN Number means , system should deduct 30% TDS, how to achive this? , and can you send step by step procedure for TDS configuration.

regards

RK

[former_member213733 · Accepted solution]

Hi ,

Please refer the following notes for the same .

1446746 - 20% tax rate is applicable if PAN is not available.

1459998 - PAN Not available correction for CIN 4.0 release.

This would solve the purpose .

Regards ,

Dewang

[Former Member]

Hi Raja,

Create a new tax code(FTXP) with tax amount 30%

assign that tax code to that vendors those doesn't have the PAN no

BR,

Satya

[Former Member]

Hi ,

For absence of pan no check sap note 1461839.

For tds config refer-

http://www.sapficoconsultant.com/pdf/Extended%20Withholding%20tax%20configuration.pdf

Regards