minimum and maximum amount for withholding tax base.

[Former Member]

hi,

we have maintained minimum and maximum amount for withholding tax base amount for section 194j at tax code level.

minimum base amount is Rs 20000/-.

we have booked the invoice Rs10000/- at the time tds was not deducted because tax base amount is Rs10000/-. now iam booking vendor down payment Rs15000/-. now it is not deducting TDS. my doubht is already we have Rs 10000/- invoice amount now we are giving Rs15000/- advance. it is crossed the our max base amount limit Rs20000/-. why it is not deducting the tds while booking the downpayment.

please give me any solutions on this issue.

[Former Member]

When you specify minimum amounts, there is an option to tell the system to check min. amnt. for that particular transaction OR accumulation, right? Have you opted for accumulation - I guess it will only work then, in the example you have given.

[Former Member]

Hi,

Can you let me know, where is the option to opt for maximum amount at individual payment level or gross level. I did not find that option in customizing.

Regds,

Vijaya