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Please refer this link. This may help you

Visit: http://www.technaureus.com/tds-withholding-tax-odoo/

Visit: https://www.odoo.com/apps/modules/11.0/tds_withholding_tax/

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This concept is not natively supported by openerp but can be acheived by simple configuration. 

 

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Please tell me what is that configuration? Do we need to enter -ve tax percentage in tax creatio? or we need to change tax coefficient while creating taxcode?. But changing the coefficient to -1.00 not deducting from source amount. But in description they said its deducting from source amount.

* Create Taxcode: Tax Case Name: Case Code: Parent Code: Company: Coefficient: * Create Tax: Account Base code: Refund Base code: Account Tax code: Refund Tax code: Tax code sign: Tax code sign: I have only noted down important field assuming you are comfortable settings rest.

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unable figure out your comment. Can you give some more information