TDS deducted from Payments
Under the Indian Taxation System, The Client may deduct Tax on Source (Tax Deducted at Source- TDS) from my payments at a particular rate, the credit for such taxes are available to me at the year end when i m filing my taxes, a provision within each client to provide for TDS deduction and applying the deduction on all bills at a fixed % is a better method of presentation. once a client deductds TDS, he shall always deduct TDS from his payments to us
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The tax amount shoudl be auto calculated when the payment amount is selected.