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wolverine99
Member Posts: 21
Hi Friends
What is the use of Defining the status of the company as Public Limited/Private Limited/Government or Others, In Company Information Master.
What is the use of Connessional form Number in TDS.
What is the use of Defining the status of the company as Public Limited/Private Limited/Government or Others, In Company Information Master.
What is the use of Connessional form Number in TDS.
Vikas
Think Twice Before you Decide, Dont Think after you Decide.
Think Twice Before you Decide, Dont Think after you Decide.
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This looks like a localization. I'm guessing it's Indian localization?0
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You got it right.ara3n wrote:This looks like a localization. I'm guessing it's Indian localization?wolverine99 wrote:Hi Friends
What is the use of Defining the status of the company as Public Limited/Private Limited/Government or Others, In Company Information Master.
What is the use of Connessional form Number in TDS.
Not sure but it might be used in eTDS/eTCS generated from the system.
Concessional form is used where the vendor is eligible for reduced TDS rate specially approved by the Income Tax authority. The certificate issued by the IT authority can be defined in the system and against that a new TDS Detail can be created to allow reduced rate of deduction for that vendor.CA Sandeep Singla
http://ssdynamics.co.in0
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