Required SAP notes for new income tax calculation

[Former Member]

Dear Friends,

Could you give required SAP notes to calculate new income tax slab 2010-11

We are in version 6 and level 47

Venkat

Edited by: MVRmvr on May 12, 2010 9:37 AM

Edited by: MVRmvr on May 12, 2010 9:37 AM

[Former Member · Accepted solution]

The same which is mentioned earlier...

SAP Note #1452218

-Rohit

[Former Member]

Though you implement the note...........you have to manually should make the table entries in v_t7int1 and V_t7int3 as prescribed in note 1452218.

[sikindar_a]

yes

SAP NOTE 0001461839

one the tax slabs is updated later you have to update this note

[Former Member]

Thanks for ur prompt reply,

i want to know the order of note which one is the first. i have seen this note . in this note there are so many prereqsuiites notes.

Basis guy is asking for order of this notes.

One more doubt i have, is notes are sufficient or any up gradations required.to get proper tax calculation

Edited by: MVRmvr on May 12, 2010 12:20 PM

[sikindar_a]

firstly

We have uploaded the income tax slab rates next one is the above said note

apart from that which are you looking at for from December to May

There has note release on Car and conveyance , Chennai PTAX arrears , ESOP Note , Houseing Perk (iam not sure abt this) Tax Slabs and the last one in absence of PAN

Regarding ESI the note is expected to get released on May 15

correct me in case if iam wrong gurus

[Former Member]

Sikindar

apart from that which are you looking at for from December to May..?/

i could't get u actually what this is..?

Can u elaborate.....

Please....

[sikindar_a]

i listed out the SAP NOTES which were being realeased from SAP form DEC to May 2010

so in your case make sure that Car and conveyance and the other two notes have been applied or not

Rest of the notes will be applicable only in case if you have those requirments

[sikindar_a]

i listed out the SAP NOTES which were being realeased from SAP form DEC to May 2010

so in your case make sure that Car and conveyance and the other two notes have been applied or not

Rest of the notes will be applicable only in case if you have those requirments

[Former Member]

i came to know that any support package is required. if it is..what it is... how can i come to know.

Can you give guidelines?

Edited by: MVRmvr on May 12, 2010 2:24 PM

[sikindar_a]

 Budget changes 2010-2011

SAP note 1452218 has been released to address a part of proposed Budget changes 2010-2011. The following changes are addressed in the note:

 Income tax slab and Tax rates for Women/Senior citizens/Others

 PAN Validation ( Section 206AA)

The other changes will be addressed as and when clarifications are made available by the government.

Finance bill 2010 is proposed and is yet to be approved. Hence the customers are recommended to seek their own legal opinion before implementing this note, as these changes could be subsequently modified before approval.

[Former Member]

Sikindar,

I heard that apart from this, we have to apply so many note. weather it is correct or not ?