Re: TDS GL assignment in 3 different GL's

Hi

/460 Income tax amount is 111,960.00.

As per my requirement

1. Education Cess should be (2 % of /460) i.e. 2239.20
2. Higher Education Cess should be (1 % of /460) i.e. 1119.60
3. Basic tds should be (/460-(Education cess + Higher Education cess)) i.e. 111960 – (2239.20+ 1119.60)= 111960 – 3358.8 = 108601.2

But /4ME and /4MH calculates on the basis of /4MT and there a difference in /460 and /4MT amounts.

/4MT  = 108699.17

/4ME = 2173.89

/4MH = 1086.94

/460 =  111,960.00

Plz guide..

Thanks,

Santosh