on 11-16-2009 5:34 AM
Dear All,
Can anyone guide me for Indian- Income tax calculation
Regards,
Vijay
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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