Chapter 80: Oracle Fusion Tax Implementation

Creating Tax Rate Rule for each Withholding Tax Code under each Withholding Taxes

Go to Setup and Maintenance ==> Manage Tax Rules.

Creating Tax Rate Rule for each Withholding Tax Code under each Withholding Taxes

Creating Tax Rate Rule for Withholding Tax Code ‘0.05%_TDS_194C’ under Withholding 194C Tax

Rule Code/Name: 0.05%_TDS_194C TAX RATE RULE

Tax Regime Code: INDIA TDS1

Tax: INDIA_TDS_194C

TAX Status Code: STANDARD

Tax Determining Factor Set Code: 0.05%_TDS_194C DETER FACTOR SET

Tax Condition Set Code: 0.05%_TDS_194C COND SET

Result: 0.05%_TDS_194C   

New Condition Set Code: 1

Creating Tax Rate Rule for each Withholding Tax Code under each Withholding Taxes

Tax Condition Set Code: 0.05%_TDS_194C COND SET

Result: 0.05%_TDS_194C   

New Condition Set Code: 1

Creating Tax Rate Rule for each Withholding Tax Code under each Withholding Taxes

Tax Condition Set Code: 0.05%_TDS_194C COND SET

Result: 0.05%_TDS_194C   

New Condition Set Code: 1

Creating Tax Rate Rule for each Withholding Tax Code under each Withholding Taxes