Use this window to define the nature of assessee for the purpose of determining the tax deduction rate.
For the Indian localization, assessee means any person or entity by whom any tax or any other sum of money is payable under the Income Tax Act, 1961. The assessee may fall under any of the following categories:
Individual
HUF (Hindu undivided family)
Company
Partnership firm
Association of firms
Local Authority such as Municipality and so on
From the SAP Business One Main Menu, choose
.In the Nature of Assessee window, specify the following fields:
Specify the code for an assessee. |
Description of the assessee code. |
Specify an assessee type. |
Choose the OK button.