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Income Tax Calulation

Dear All,

Can anyone guide me for Indian- Income tax calculation

Regards,

Vijay

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    author's profile photo Former Member
    Former Member
    Posted on Nov 16, 2009 at 06:21 AM

    Hi

    What you are excaclty looking for ? How calculation work in SAP ? or Genral Rules.

    For general rules you can get document from Inome Tax departmet web site.

    in SAP calculation worsk as follows

    First system read wherether income is taxable or non taxabel ( Cummulation class 24 and 25 ) , then system read IT 0581 , 0582 for exmeption, then syetm read 0585 and 0586. by considering above all data system calculate income tax for an employee.

    Thanks

    Yogesh

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