To view Deductee Types
Go to Gateway of Tally > Display > Statutory Info. > Deductee Types
1. Select the Deductee Type (For e.g., select Company Resident). from the List of Deductee Types.
Deductee Type screen displays the details such as:
Name: This field displays the Name of the Deductee Type
Residential Status: This field displays the Residential Status of the Deductee, i.e. whether the deductee is a Resident or a non Resident.
Deductee Status: This field displays the Deductee Status i.e., whether the deductee is a Company or Non Company.
Deductee TDS Details: This section displays details such as
Nature of Payment: Displays all the nature of payments applicable for the Deductee.
Applicable From: Displays the dates from when the prescribed rate of income tax is applicable for the Nature of Payments.
TDS: Displays the TDS Rate and TDS Exemption amount applicable for the nature of payments.
Surcharge: Displays the Surcharge Rate and Surcharge Exemption amount applicable for the deductee.
Ed Cess & Sec Ed Cess: Displays the applicable Rate of Cess and Sec Ed Cess.