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How is TDS calculated in the transactions recorded in Zoho Books?
In Zoho Books, TDS is calculated on the sub-total of a transaction, before applying other taxes.
For example, if you create an invoice for a line item priced at ₹100 and apply 5% TDS, ₹5 will be deducted, and the item’s price reduces to ₹95. When you apply ₹12 as tax on ₹95, the item’s price increases to ₹107, which is the amount charged to the customer.