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Former Member
Mar 27, 2014 at 12:36 PM

Tax Deduction !!!

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Hi All,

In our copmany we pay out bounus on the month of October & the bonus as usual vary employee to employee. From october onwards system deduct the income the tax till march subject to the gross salary of each employee.

Businees Reqmnt- Now the business need; if an employee get Rs.100000 bonus on the month of October. So that system should behaves like his income tax deuction start from 1st April to 31st March each year subject to the bonus.

Regards

DR