(IND) Set up withholding tax reporting codes for TCS tax types [AX 2012]

Updated: November 5, 2012

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


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

Set up withholding tax reporting codes that are used to generate the Form 27EQ statements for Tax Collected at Source (TCS).

  1. Click General ledger > Setup > Withholding tax > India > Withholding tax reporting codes.

  2. Select TCS in the Tax type field.

  3. Select the TCS component to define the withholding tax reporting code in the Withholding tax component field. The TCS component group defined for the TCS component is displayed in the Withholding tax component group field.

    The section code attached to the TCS component group is displayed in the Section code field.

  4. Select the TCS reporting code from the following options in the Reporting code field:

    • TCS

    • Surcharge

    • E-Cess

    • SHE-Cess

  5. Press CTRL+S or close the form.

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