on 05-27-2014 11:57 AM
Hi..Experts
1) Some of the employees are using company vehicle for pickup & drop facility in Unit, hence they are not eligible for conveyance exemption.So need to consider as taxable how to configure this.
2) If employee requested for leave encashment exemption u/s 10, kindly advise how to configuration in the system.
Please advise me..
Thanks in advance,
Satish.
1.Copy existing conveyance WT , this copied WT should be applicable to those who travel with company vehicle for that make necessary changes in table V_511_B.
For this new copied WT , remove entry from table V_T7INT9 table which will be assigned to tax code SCNV for exemption.And also do not make any entry in V_T7INC9 and in IT0583.
2. U/S 10 Conveyance,HRA,Uniform exemptions will come by std.
I am not sure leave encashment exemption will come in section 10 or not.
But on normal basis for leave encashment WT create an custom tax code in V_T7INT7 and assign the same in T9 table with conditions like Annual/Monthly.
regards,
Narendra
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