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What's New

Microsoft Dynamics NAV provides enhancements for India in addition to the global enhancements.

New and Changed Features in the Indian Version of Microsoft Dynamics NAV

New and changed features Description See

Point of taxation for service tax

Since March 2011, the taxation of services is determined by the earliest of a collection of dates, this includes the date of invoice and the date of payment. Point of taxation (PoT) fields have been added to tables so that service tax is calculated according to the PoT rules.

Service Tax Overview

TDS and e-TDS/e-TCS

Objects for tax deducted at source (TDS) and tax collected at source (TCS) have been updated based on state and federal requirements since 2009. Also, the statements can be exported and verified by the file verification utility (FVU) version 3.3.

Income Tax Overview

See Also

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