Withholding Tax

Witholding tax it is nothing but in a company is paying salary to the employee(payee) the payer will deduct some amount with obligation or deduct some amount from payee and the company will pay the same amount to the government as a tax amount to the government.

There are two types of with holding taxes extended and classic extended.

its is old version in this they will detuct at the time of payment level classic.

its a new verson in this they will do in both booking level and in payment level......