TDS on Service Tax

schoolkid

How to calculate TDS on Base amount including service tax in purchase invoice?

Please help!

reema

Complete the service tax setups and TDS setups.

When u create the Purchase invoice select that structure as Service Tax and run the function calucalte TDS.

System automatically calucatate that TDS on service tax + Invioce amount.

schoolkid

Reema thanks for your reply!!

The system is calculating TDS only on the invoice amount and not including the service tax. Is there any setup?

reema

Did u select the structure in Purchase invoice header.

schoolkid

Yes. I have selected the structure in the header. Service tax and TDS is getting calculated but TDS is not including the service tax amount.

reema

For wample :

Invoice amount = 1500 /-

Service tax = 155 ( 10.3 % )

Total amount = 1655.

TDS amount = 170

Invoice amount = Total amount - TDS amount = 1655 – 170= 1485 .

This amount we have to pay to vendor .

schoolkid

For me the TDS is calculating as 155 and Service Tax as 155. Whereas TDS should be 170.

ssingla

Try marking the field "Include TDS base calculation" in the structure line of service tax.

schoolkid

Thank you very much!! It works. I appreciate your help.

ssingla

Can you mark the topic solved

schoolkid

Can you please let me know how to mark this post as solved?

chengalasettyvsrao

schoolkid wrote:

Can you please let me know how to mark this post as solved?

1. Edit your first message
2. Find the field "Attribute", below the field "Subject"
3. Set this field to [Solved]
4. Submit your posting