TDS auto round-up issue

In Ginesys all TDS are getting auto roundup, which is creating an issue because in all other software (TDS return filing) etc TDS amount is getting rounded off to nearest rupee.

Even there is a provision in the income tax law that suggest rounding off to nearest rupee and not to roundup blindly. (Income tax Act - Sec no 288A & 288B)

  • Product Team
  • May 18 2022
  • Likely to implement
  • Attach files
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