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Fixed assets - investment tax calculation

Discussion in 'Oracle Financials' started by msthnreddy, Aug 5, 2015.

  1. msthnreddy

    msthnreddy Active Member

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    Hi Experts,

    I dont have any idea to how to process the ITC Process.
    Kindly guide me to Process Investment Tax Calculation (ITC) Amount for an Asset. I need get some value in the below columns
    ITC Amount Rate
    ITC Basis Reduction Rate for report

    From Table: FA_ITC_RATES

    Suggest me how to generate the amount in ITC columns.