Ob08 maintain foreign currency rate

for the maintaing of foreign exchange currency in Ob08

we have to maintain both

Change in TDS format for SAP

Change in TDS Format

Company Parameters

                        ·         New Field “Mobile No” added in Responsible Persons Details

Party Master

·         New CheckBox “Transport Contractor – No TDS Applicable” added . This will be visible only when TDS Section is 194C. This will enable entering 0 TDS deduction entries for reporting in eTDS statement.

·         Valid PAN must for all parties except where Sub Status is “Penal Rate”

Create Qtrly eTDS Statement

·         For FY 2010-11

o    100% valid PANs are required for Form 26Q/27Q and 85% valid PANs are required for Form 27EQ

o    Penal Rate Transactions may have pan as “PANNOTAVBL”

o    Email ID of company OR of responsible person mandatory

o    Phone No of Company OR Phone No of Responsible Person OR Mobile No of Responsible Person is mandatory

·         Reason for NIL/Lower Rate will be given as “T” for Transport contractors payment with  0 TDS and “C” for penal rate transactions