Wrong TDS Is Generated When Exception TH Limit Crossed
(Doc ID 2258710.1)
Last updated on FEBRUARY 27, 2019
Applies to:
Oracle Financials for India - Version 12.2.4 and laterInformation in this document applies to any platform.
Symptoms
On : 12.2.4 version, Tax Deducted at Source-Payables
PROBLEM STATEMENT
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User has exception threshold setup like the following:-
From To Rate
0 75000 0.5%
And normal setup like the following:-
From To Rate
75001 2%
Now, when user is creating first invoice of 60000, then system is
calculating 0.5% tax, but when second invoice of 25000 is getting created,
then system is not calculating TDS.
User's expectation is to calculate first 15000 @ .5% and next 10000 @ 2%.
BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot maintain statutory compliance related to TDS.
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |