I am new to Indian Payroll. My client has paid bonus (Fixed amount) for all employees bonus is already paid during Oct' 2017. And the same has been maintained in section 80C deductions for total gross amount. Accordingly, Income Tax amount is getting deducted ( annually & monthly). I have to run payroll or all employees w.e.f 01.04.2018 onwards.
now my issue is-
1- I have to maintain this bonus amount either in IT 0267 or, IT 0015 in HR master data. If so, then in which date I will mainatin the record ?
2- Should I take salary projection from the previous year (2017-2018) & calculate IT amount accordingly /
I am bit confused. Please suggest me.
Thanks & regards,
Sudhansu sekhar Behura