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Former Member

Include additional payment in section 10 exemption

Hi Gurus,

Need one small help.

The client is having two allowances those are fully exempted u/s 10 & will be entered in IT0015 as additional payment as & when they will pay those components. Now the issue is that the exemption which is getting calculated in the payment month & added in /130 & being reduced from /416 to form /418 is getting reversed in the subsequent month in the FY when there is not payment.

Let say, Petrol reimbursement has been paid in the month of April 2010 with an amount of 2000 to Mr. X, now in the month of January the payroll log is considering /130 as 2000 & reducing the same amount from the gross salary & forming the balance. Now in the month of May 2010 the system is showing /130 as Zero.

Requesting for a quick help from your end...

Best Regards,

Naveen K

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  • Posted on Oct 13, 2010 at 06:13 AM

    it means the you want the petrol allowance should be cumulated to the next month right

    say in april you have paid 2000 so in the log /130 is 2000 Rs for the may also you want this right if yes

    Check the The concept of cumulation and one more thing those wage types which were being paid in IT0015 are one time payments so how can they get cumulated

    for customer specific exemption under Sec 10 check the doucmentation of INCTX in Tcode PE04

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    • ok

      In order to cumulate you have to go with PCR

      it means the payment is happening through IT0015 and Exemptions are being given in IT 0582 Right

      Do the client wants the Eligibitly of an employee if yes there are standrad reports PC00_M40_REMC , REMP

      but let say

      X employee is haveing 100 Rs reimbursement and that 100 Rs is being Exempted in the month of April

      and you want that 100 Rs to be cumulated for the month of May right

      if yes , Go with PCR but would like to request you to check the possibiliy of concerns over the FORM 16

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