TCS Base Amount Calculation issue

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Posted on by Jainam M. Kothari

15,639 Super User 2025 Season 2

Hello Experts,

Hello, the issue is in TCS Base Amount calculation. If we are collecting the TCS on Receipt of Payment, then along with Payment Amount the Refund Amount is also considered in the Calculation of TCS Base Amount. So, Why the TCS Base Amount will be Doubled?

In this example,

Receipt 1 - Rs. 20,00,000/-

Receipt 2 - Rs. 20,00,000/-

Refund the Receipt 1 - Rs. 20,00,000/-

Bank Receipt Voucher - Rs. 11,00,000/-

So Technically it is Receipt of Only Rs. 31,00,000/- but system is considering the Rs. 71,00,000/- that's why on Whole Amount of Rs. 11,00,000/- TCS Amount is Calculated.

Please Suggest

Customer Ledger Entries

TCS Entries

And Bank Receipt Voucher

Categories:

Dynamics 365 Business Central

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Ramesh Kumar 7,527 Super User 2025 Season 2 on at

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Adding @Mohana Yadav to help. I am not expert on India taxation and I hope below link can help you

https://learn.microsoft.com/en-us/dynamics365/business-central/localfunctionality/india/tcs-overview

Thanks

Ramesh

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Khushbu Rajvi. 20,437 Super User 2025 Season 2 on at

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Hope this helps as weell: https://learn.microsoft.com/en-us/dynamics365/business-central/localfunctionality/india/tcs-transactions

https://learn.microsoft.com/en-us/dynamics365/business-central/localfunctionality/india/gst-tds-tcs-overview

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Gerardo Rentería Ga... 25,225 Most Valuable Professional on at

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Hi, good day
I hope this can help you, and give you some hints.

TCS calculation on Sales and Receipt Transactions - Business Central | Microsoft Learn

TCS calculation and transactions as per Section 206C(1H)

Best Regards
Gerardo

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YUN ZHU 95,544 Super User 2025 Season 2 on at

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Does it include any customization?
If not, I suggest you submit your questions about localization to the BC Yammer Group. I believe Microsoft technicians will get back to you.

Viva Engage : Dynamics 365 Business Central Partner Community (Formerly: Development) : Localization & Legislation : New Conversations

aka.ms/BCYammer: Dynamics 365 Business Central Partner Community (Formerly: Development)
More details: About Business Central partner community on Viva Engage (formerly Yammer)

Thanks.

ZHU

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Jainam M. Kothari 15,639 Super User 2025 Season 2 on at

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Hello,

Greetings of the day !!!

@gdrenteria, @Khushbu Rajvi., @Ramesh Kumar I have read all the Articles and Microsoft Documents but it will not help me to define TCS Base Calculation in the Backend.

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Jainam M. Kothari 15,639 Super User 2025 Season 2 on at

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Hello @YUN ZHU,

Sure i will try to Mention m Query over there.

Even we are trying to Raise the Ticket in the Microsoft for the same.

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Jainam M. Kothari 15,639 Super User 2025 Season 2 on at

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Thank You so Much experts for your valuable replies.

We need to Raise the Ticket in the Microsoft OR We need to find Custom Solution for the same.

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