Setting Up TDS Organizational Details

To set up your TDS organizational details, use the following components:

  • Organization Details (ORG_RGSTN_DTL).

  • Tax Location (ORG_TAX_LOC).

  • Certificate Numbering (WTHD_CRTFICATE_NUM).

This section discusses how to define income tax registration details and tax location details. It also discusses how to set up automatic TDS certificate numbering.

Note: Setting up TDS organizational details is similar to setting up your organizational structure for excise duty, sales tax, VAT, and customs duty for India.

Page Name

Definition Name

Usage

Organization Details Page

ORG_RGSTN_DTL

Specify a permanent account number (PAN), PAN ward, and PAN circle for TDS processing.

Tax Location - Tax Location Definition Page

ORG_TAX_LOC

Specify a TAN number, TAN ward, and TAN circle for TDS processing.

Certificate Numbering Page

WTHD_CRTFICATE_NUM

Define the certificate numbering for each PeopleSoft Payables business unit and withholding entity.

Use the Organization Details page (ORG_RGSTN_DTL) to specify a permanent account number (PAN), PAN ward, and PAN circle for TDS processing.

Navigation:

Set Up Financials/Supply Chain > Common Definitions > Excise and Sales Tax/VAT IND > Organization details > Organization Details

Field or Control

Description

PAN Number (permanent account number)

Enter the number assigned by the income tax authority to identify your organization's tax returns. This number must be a 20-digit alphanumeric value.

PAN Ward and PAN Circle

Enter the location of the income tax offices to which your organization submits its taxes. Tax authorities assign these values. Wards and circles can change at the discretion of the income tax authority.

Use the Tax Location - Tax Location Definition page (ORG_TAX_LOC) to specify a TAN number, TAN ward, and TAN circle for TDS processing.

Navigation:

Set Up Financials/Supply Chain > Common Definitions > Excise and Sales Tax/VAT IND > Tax Location > Tax Location Definition

Field or Control

Description

TAN Number

Enter the code assigned to you by the tax authorities that represents the location of the income tax office where your taxes are paid.

TAN-Ward and TAN-Circle

Enter the ward and circle associated with your TAN. Tax authorities assign these values. Wards and circles can change at the discretion of the income tax authority.

Journal Template

Select the journal template to use to record tax accounting entries for the general ledger business unit. These templates define the summarization rules for creating journals that are passed to the general ledger.

Use the Certificate Numbering page (WTHD_CRTFICATE_NUM) to define the certificate numbering for each PeopleSoft Payables business unit and withholding entity.

Navigation:

Suppliers > 1099/Global Withholding > Global Withholding Reports > TDS Certificate Numbering > Certificate Numbering

Field or Control

Description

Pre Fix 1

Specify, for example, a company name or a PeopleSoft Payables business unit short name.

Pre Fix 2

Specify, for example, the financial year.

Start From Number

Specify a number from which the system begins assigning a ten-digit serial number for each PeopleSoft Payables business unit.

Note: Statutory returns must be filed separately for each TAN number.