TDS and Withholding Tax Both can use at same time?

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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rajeshofc
Posts: 12
Joined: Mon Dec 18, 2006 9:47 am
Location: India

TDS and Withholding Tax Both can use at same time?

Post by rajeshofc »

HI,

I am doing an implementation project where our clint requires to use TDS ( India Localization) and withholding tax both. This can be possible to do.

Thanks in Advance

Rajesh
eswar_chinni
Posts: 32
Joined: Mon Mar 12, 2007 4:08 am
Location: India

Post by eswar_chinni »

I want to know one thing, you are india localization, then what is the need for using, withholding tax, any way you can use both at the same time

Regards
Eshwar
Murthyoracle
Posts: 147
Joined: Thu Sep 06, 2007 9:13 am
Location: India

Post by Murthyoracle »

Hi
When you are in Indian Localisation , what is the necessary of using Withholding Tax. However as far as my knowledge TDS and With holding Tax both are almost same. So you can use TDS.

If any thing wrong please guide me and UPdate .
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