Extended Withholding tax : You can take the help of following for customising Extended Withholding tax.
You must make various settings in Customizing and the master data of the business partners concerned in each of the company codes. Please maintian following settings.
Task-1 Check Extended Withholding Tax Countries
IMG ⇒Financial Accounting ⇒Financial Accounting Global Settings ⇒Withholding Tax ⇒Extended Withholding Tax ⇒Basic Settings ⇒CheckWithholding Tax Countries
The withholding tax country is needed for printing the withholding tax form. Since the list of country IDs prescribed by law is different from the list in the system, you have to define the withholding tax countries again.
The type of recipient categorizes the vendor, which is necessary for printing the withholding tax form.
Task-5 Define Business Places
IMG ⇒Financial accounting ⇒Financial Accounting Global Settings ⇒Withholding Tax ⇒Extended Withholding Tax ⇒Basic Settings ⇒India ⇒Define Business Places
Create a business place for each tax deduction account number (TAN) that your company has. In the address data (which is printed on the vendor withholding tax certificates) maintain the tax office’s address.
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