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Former Member

Function module for calculation of Income Tax

Hi Friends,

Please guide me any function module which calculates income tax.

I have total income with me.

I want to know the :--

-->tax on total income,

-->education cess 3%,

--> Tax payable, less: relief under sec 89,

--> Final tax payable

Thanks & Regards,

Shivani

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4 Answers

  • Posted on Dec 13, 2011 at 11:27 AM

    Shivani

    INTAX is Function which we have in standrad , Hope u have checked that

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 13, 2011 at 11:34 AM

    Hi Shivani ,

    As Sikander said function "INTAX" is used for income tax calculation.

    But it will be called at the time of payroll processing using T-code : PC00_M40_CALC or PC00_M40_CALC_SIMU.

    Incase you want to see INTAX function then you can use T-code PE04.

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 13, 2011 at 12:14 PM
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  • author's profile photo Former Member
    Former Member
    Posted on Dec 13, 2011 at 01:02 PM

    Hi,

    But once you create statutory ded through function module you may face complicated issue in production like Form 16 etc

    Thanks

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