(IND) Set up withholding tax component groups for TDS tax types

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2

You must set up withholding tax component groups for Tax Deducted at Source (TDS) tax types, such as Rent or Contractor.

Note

This topic has not been fully updated for Microsoft Dynamics AX 2012 R2.

Set up withholding tax component groups

Click General ledger > Setup > Withholding tax > India > Withholding tax component groups.
Select TDS in the Tax type field to set up withholding tax component groups for TDS tax type.
Press CTRL+N to create a new line.
Enter a name for the TDS component group in the Withholding tax component group field.
Enter a description for the TDS component group in the Description field.
Select the residential status that the TDS component group comes under in the Status field. The options are Resident and Non-resident.
Enter the section code that is applied to the TDS component group in the Section code field.