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Income tax on Arrears amount

Ranjan1
Newcomer
0 Kudos

Hi Team,

We have requirement like we have to calculate tax on arrears amount based on the slab of in that particular month employee fall under.

Ex: Employee have arrear amount 50,000 in this month & Employee tax calculation slab fall under 10% slab. Now. i want to calculate 10% tax directly on 50,000 and 50,000 amount should add under Gross salary also (like INBTD - one time TDS)

Can we achieve this with INTDS? If yes, which tax rate do we need to use BON5 or any other?

Below PCR is fine or not?

*

**** AMT=& ATDS Set

AMT?IARLMT Comparison

<

=

>

INTDS BON5 TDS Method

MULTI RAA Multipl.amt/no/rate

AMT/100 Division

RTE=0 Set

ADDWTI/460 IT Input table

ZERO=&ATDS VVVV Set zero

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