Hierarchy
SAP_HRCIN (Software Component) Sub component SAP_HRCIN of SAP_HR⤷
PA-PA-IN (Application Component) India⤷
PB40 (Package) HR master data: India
Basic Data
| Data Element | PIN_TDSOT |
| Short Description | Tax deducted at source for income other than salary |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | CURR9 | |
| Data Type | CURR | Currency field, stored as DEC |
| Length | 9 | |
| Decimal Places | 2 | |
| Output Length | 12 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | TDS(othrs) |
| Medium | 19 | TDS on Other Income |
| Long | 20 | TDS on Other Income |
| Heading | 5 | TDSot |
Documentation
Definition
Indicates Tax Deducted at Source (TDS) on other income such as interest earned from fixed deposits.
Caution
If the value that you maintain here is less than the actual TDS on Other income that the system calculates, the system considers the actual value itself. Therefore, the tax deducted till date for the employee is correct.
However, if you enter a value that is greater than the actual TDS on Other income, the system considers the value that you maintain in this field and not the actual value. This may cause discrepancies in tax calculation. Hence, ensure that you do not enter a value greater than actual TDS on Other income in this field.
Supplementary Documentation - PIN_TDSOT 0001
Use
Indicates Tax Deducted at Source (TDS) on income from lettable house property.
Dependencies
Example
Scenario 1
- Salary Income - 495000
- House Income - 10000
- TDS on Rent - 25000
In this case we have:
- Tax Liability on Salary Income - Rs. 54000.00
- TDS liability including House Income - Rs.56500.00
- Incremental Liability - Rs.2500.00 (56500 - 54000)
- Actual TDS for the Rent Income - 25000.00
According to Law, the credit for TDS on Rent will be TDS on Rent or Incremental Liability, whichever is lesser. Hence in this case it will be restricted to Rs.2500.00 only. Thus net TDS recovery from salary would be Rs.54000.00 (56500-2500). This mean that the 25000-2500 should not be adjusted with the TDS 54000. Currently in our system the TDS value becomes INR 31500.
Scenario 2
- Salary Income 495000
- House Income 100000
- TDS on Rent 25000
In this case we have:
- Tax Liability on Salary Income alone is Rs.54000.00.
- TDS liability incl House Income Rs.83500.00.
- Incremental Liability is Rs.29500.00 (83500 - 54000)
- Actual TDS on rent = 25000
According to Law, the Credit for TDS on Rent will be lower of Rs.25000 and Rs.29500 and would therefore be restricted to Rs.25000.00 only. Thus net recovery from Salary would be Rs.58500.00 (83500-25000).
Scenario 3
- Salary Income 495000
- House Property Loss -10000
- TDS on Rent 25000
In this case we have:
- Tax Liability on Salary Income alone is Rs.54000.00.
- TDS liability incl House Loss Rs.52000.00.
- Tax Liability reduces by Rs.2000.00.
- TDS on rent= 25000
According to law credit for entire TDS on Rent will be allowed and net recovery from salary would be Rs.27000.00 (52000-25000).
Supplementary Documentation - PIN_TDSOT 0002
Use
Indicates Tax Deducted at Source (TDS) on other income such as interest earned from fixed deposits. This does not include income from House property.
Caution
If the value that you maintain here is less than the actual TDS on Other income that the system calculates, the system considers the actual value itself. Therefore, the tax deducted till date for the employee is correct.
However, if you enter a value that is greater than the actual TDS on Other income, the system considers the value that you maintain in this field and not the actual value. This may cause discrepancies in tax calculation. Hence, ensure that you do not enter a value greater than actual TDS on Other income in this field.
Dependencies
Example
History
| Last changed by/on | SAP | 20031111 |
| SAP Release Created in |
