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Object documentationWithholding Tax Table Locate this document in the navigation structure

 

This window appears when you create a document related to withholding tax-liable business partners. The window displays the default ITW and VATW codes.

Note Note

This topic documents fields and other elements in this window that either are not self-explanatory or require additional information.

End of the note.
Withholding Tax Table Fields
Code, Name

Code and name of the withholding tax codes defined as defaults for the business partner.

You can change these codes and choose any code that appears in the income tax withholding codes and in the VAT withholding codes.

Type

Displays whether the WT code is an income tax withholding or VAT withholding.

Rate

Tax rate in percents.

Base Amount

Base amount of the document for tax calculation, depending on the base type defined for the WT code.

Taxable Amount

Amount of the document that is subject to tax. You can change this amount if required.

WTax Amount

Tax amount calculated; editable value.

Category

Displays whether the tax code is related to the invoice category or the payment category.

Base Type

Base type of the WT code:

  • Net: Amount before taxes

  • VAT: Uses the VAT amount as the base amount

Criteria

Displays the selections made in the business partner master data.

Account

G/L account in which the journal entry for the tax is recorded.

Country Specific Field: India
TDS Account

Displays the TDS account you have defined in the Withholding Tax Codes - Setup window.

Surcharge Account

Display the surcharge account which you have defined in the Withholding Tax Codes - Setup window.

Cess Account

Displays the Cess account which you have defined in the Withholding Tax Codes - Setup window.

HSC Account

Display the HSC account which you have defined in the Withholding Tax Codes - Setup window.

TDS Rate%

Displays the TDS rate which you have defined in the Withholding Tax Codes- Setup window.

Surcharge Rate%

Displays the surcharge rate which you have defined in the Withholding Tax Codes - Setup window.

Cess Rate

Specify the Cess rate.

HSC Rate%

Displays the HSC rate which you have defined in the Withholding Tax Codes - Setup window.

TDS Base Amount

Displays the automatically calculated TDS base amount.

Surcharge Base Amount

Display the automatically calculated surcharge base amount.

Cess Base Amount

Display the automatically calculated Cess base amount.

HSC Base Amount

Display the automatically calculated HSC base amount.

TDS Tax Amount

Displays the TDS tax amount which is automatically calculated according to the TDS rate and the TDS base amount.

Surcharge Tax Amount

Displays the surcharge tax amount which is automatically calculated according to the surcharge rate and the surcharge base amount.

Cess Tax Amount

Displays the Cess tax amount, which is automatically calculated according to the Cess rate and the sum of the TDS tax amount and the surcharge tax amount.

HSC Tax Amount

Displays the HSC tax amount which is automatically calculated according to the HSC rate and the sum of TDS tax amount and the surcharge tax amount.