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Re: TDS and Interest calculation for cross-currency swaps

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Hi,

 

As regards TDS calculation only based on the incoming currency, have you had a look at derivation procedure to calculate the tax portion (I reckon TDS would be similar to WHT???) only based on the incoming flow (1200+) and assign the derivation procedure in BP?

 

I am not sure what you meant by "interest posting should be made available for outgoing currency payments.". Could you expound on this?

 

Cheers

Taro


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