what is withholding tax? when we use withholding tax?
what are the procedure in steps for calculating tds plz
tell me about all........
- 12 Answers
- 101468 Views
- IBM, Patni, TCS, I also Faced
- E-Mail Answers
Answer Posted / cute
Witholding tax
it is nothing but in a company is paying salary to the
employee(payee) the payer will detecut some amount with
obligation or detuct some amount from payee and the company
will pay the same amount to the government as a tax amount
to the government.
there are two types of with holding taxes extended and
classic
extended.
its is old version in this they will detuct at the time of
payment level
classic.
its a new verson in this they will do in both booking level
and in payment level......
| Is This Answer Correct ? | 63 Yes | 65 No |
Post New Answer View All Answers
What is the Pre-mapping and Matching?
How do we create tasks? What is the difference between task and change request?
At the time of creating GRN can I mention business area?
What is the difference between the chart of account view and company code view when maintaining a gl account?
How does sap calculate work in process (wip) in product cost by order?
Hello Friend, I wanna to do job in SAP as a FI Consultant.I wanna to knw What is the important question for FI. consultant. Employer 'll ask me? get back to me soon bye
What is year dependent fiscal year variant?
Describe lockbox processing? : fi- accounts receivable
Which master data uploads will be done?
In customizing company code productive means what? What it denotes?
What is the purpose of payment methods and when are they stored?
What do you mean by organizational units in sap?
Is it possible to default certain values for particular fields?
What is a purchase requisition (pr)? : fi- accounts payable
How many statistical objects can be selected in when you post an fi document?
