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Former Member
Jul 14, 2015 at 12:42 PM

tax rebate /437 is wrongly coming

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Hi All

We have updated the patch level as per 2015 budget .

1. conveyance exemption also changed to 1600 for month.

before updating the patch level we run payroll for APR and May month. after patch updation I have run payroll for June month, but in this month conveyance exemption was showing only 9600 instead of 19200. I did a forced retro from 01.04.2015 , then system calculated 19200 exemption correctly.

But we are facing problem with tax rebate , /437 is calculating 19200 instead of 2000 tax rebate. Eventhough employee taxable income is 900000, it is giving tax rebate of 19200.

plz advice.

Regards

Sai