Software Solution for TDS and WCT
To meet the TDS and WCT requirements specified by the tax authorities, the JD Edwards EnterpriseOne programs enable you to:
Control the ceiling limit for both TDS and WCT by invoice or by yearly limit according to the statutory requirement.
Calculate the TDS at concession rates for each supplier.
Track deletions, reversals, and voids in localized tables for both TDS and WCT.
Update challan information, such as challan number and BSR code.
Update the TDS and WCT certificates.
Note: To complete the TDS process, visit the official Government Web site for the Tax Information Network of the Income Tax Department.Update the quarterly returns electronically (eTDS) for Form 26Q, as well as the annual returns.