1. Country-Specific Features
  2. India Help Topics
  3. India Localization SuiteTax Engine
  4. Tax Deduction at Source
  5. Setting Up TDS
  6. Setting Up Section Codes for TDS

Setting Up Section Codes for TDS

The section code determines which TDS tax rate rule applies to a vendor bill. The India Localization Tax Process SuiteApp provides standard section codes for TDS.

You can also create, edit, inactivate, or delete section codes using the Administrator or India Tax Manager role.

Creating Section Codes

You can create new section codes only with the Administrator or India Tax Manager role.

To create a section code:

  1. Go to Customization > Lists, Records, & Fields > Record Types.

  2. Click the New Record link for India Tax Section Code for TDS.

  3. Enter a unique name for the record.

  4. In the Challan Code field, enter the code for challan payment.

  5. Click Save.

Editing Section Codes

You can edit section codes only with the Administrator or India Tax Manager role. To edit a section code, update the name or code manually.

To edit an existing section code:

  1. Go to Customization > Lists, Records, & Fields > Record Types.

  2. Click the List link for India Tax Section Code for TDS.

  3. Click Edit beside the section code you want to edit.

  4. Make any changes you need.

  5. Click Save.

Inactivating Section Codes

You can inactivate section codes only with the Administrator or India Tax Manager role. Inactivated section codes won’t show up on the India Tax Section Code for TDS page, and you can’t select them on transactions, reports, or records.

To inactivate a section code:

  1. Go to Customization > Lists, Records, & Fields > Record Types.

  2. Click the List link for India Tax Section Code for TDS.

  3. On the India Tax Section Code for TDS List page, check the Show Inactives box.

  4. Check the box next to the section code you want to inactivate.

  5. Click Submit.

Deleting Section Codes

You can delete section codes only with the Administrator or India Tax Manager role. Deleted section codes won’t show up on the India Tax Section Code for TDS page, and you can’t select them on transactions, reports, or records.

To delete a section code:

  1. Go to Customization > Lists, Records, & Fields > Record Types.

  2. Click the List link for India Tax Section Code for TDS.

  3. Click Edit beside the section code you want to delete.

  4. From the Actions menu, select Delete.

  5. Click OK to confirm you want to delete the section code.

After you set up section codes for TDS, create TDS tax rate rules. For more information, see Creating TDS Tax Rate Rules.

Related Topics

General Notices