TDS Deduction In SAP, Income Tax

[Nevil kalavadia]

In Sap whether TDS on Job Worker is deducted at time of MIGO or MIRO

Regards

Nevil Kalavadia

Posts / Replies

[GOPALJI AGRAWAL]

Please clarify MIGO and MIRO.

[DINESH AGGARWAL]

Dear Nevil

TDS liability arises at the time of payment or credit to the account of party, whichever is earlier.

In SAP, FICO is updated vide MIRO.  Hence, in my opinion, liability of TDS is arises at the time of MIRO.

Hope this would clarify the issue.

Regards

manojkmodi

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