| Summary: | higher TDS for non filer of returns | ||
|---|---|---|---|
| Product: | [01.IMIS] IMIS AP | Reporter: | sandeep <sandeep.khare> |
| Component: | IMIS AP FORMS AND REPORTS | Assignee: | anushree.pandey |
| Status: | RESOLVED USER TO VERIFY | ||
| Severity: | critical | CC: | sharad.sharma |
| Priority: | Normal | ||
| Version: | unspecified | ||
| Hardware: | PC | ||
| OS: | Windows | ||
| Database: | Module ID: | ||
|
Comment 11
anushree.pandey
2022-05-27 10:51:06 IST
Store Purchase Vouchers - PURF2220 Miscellaneous SPV - STR0507 SPX Vouchers -STR0711 please provide entry FORM NO please provide entry FORM NO FORM NO PROVIDE Change supplier Master : Whether last two financial years Returns have been filed or not : 'YES' ,'NO' Entry Form display message : Return not file previews two financial years DISCUSSION PENDING In last year's budget, a new provision was inserted to provide for a higher tax deduction at source (TDS) rate from payments to persons who have not filed their returns of income (non-filers). The TDS to be applied in such cases is the higher of twice the normal applicable TDS rate or 5% So please insert a check of whether last year return has been filed or not by suplier if not higher tds will be deducted. |