Hello experts
We person a query from the idiosyncratic wherever the idiosyncratic has maintained TDS exemption of Rs 50 lakhs and exemption percent arsenic 44% for the vendor from May 2024 to May 2025
Now the FI invoices upto Rs 1,166,628 (modified nett amount) are posted correctly wherever full TDS magnitude of Rs 65331.168
calculation is arsenic follows
net amount - 1 ,166,628
less 44% exempt- 513316.32
Balance amount 653,312
10% TDS connected equilibrium magnitude - 65331.168
Now the latest invoice posted has modifed nett magnitude of Rs 3,955,000, but strategy has deducted TDS of Rs 90,732.65 lone alternatively of existent TDS magnitude whose calculation is arsenic follows
net amount - 3,955,000
less 44% exempt- 1740200
Balance amount 2,214,800
10% TDS connected equilibrium magnitude - 221480
Can anyone usher arsenic to however Rs 90732 is deducted alternatively of Rs 221480