Creating TDS Tax Rate Rules

The India Localization SuiteTax Engine uses the Tax Deduction at Source (TDS) tax rate rules to calculate TDS on vendor bills. You can create TDS tax rate rules only with the Administrator or India Tax Manager role.

The SuiteApp selects which TDS tax rule to use for items in a vendor bill based on:

• Vendor type

• Section code assigned to an item

• Transaction date

You can also create tax rate rules for these tax types:

• Education Cess

• Surcharge

• Secondary Education Cess

• Vendor Exemption

• Tax Deduction at Source

General Notices