Thresholds (lpind2111m000)

Use session to view and maintain threshold for the tax rate used to calculate Tax Deducted at Source (TDS). This session also allows you to approve and delete a threshold. You cannot delete a approved threshold.

Field Information

Threshold: The code indicating the threshold limit for the tax rate.
Description: The description or name of the code.
Approved: Indicates that the threshold can be used in transactions. You can approve a threshold using Approve option from the Actions menu.

Note: After approving the threshold, you cannot modify or delete the value in this field.
Currency: The currency in which the threshold is specified. By default, this field is populated with the local currency specified in the Companies (tcemm1170m000) session.