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author's profile photo Former Member
Former Member

How to write a PCR for tax calculation

Hi Experts,

For perks calculation how to write a PCR.

Please read my below scenario.

im paying amount through IT 15 , what ever i paying amount completely consider 30% tax

Please suggest me required configuration or PCR operations .

Thanks

Kumar.

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Jan 08, 2013 at 10:45 AM

    Hi Kumar,

    1st pcr Z***

    *

    ****

    ADDWT *

    9***

    ADDWT&ZCON

    ADDWT *

    2nd pcr Z***

    *

    ****

    AMT=& ZCON

    AMT%30

    ADDWTI99**

    Put 1st pcr below INTAX in your Z*** Schema


    PIT Z*** NOAB

    PRINT VAR

    ACTIO Z***

    Hope this will work

    Thanks

    Akhilesh

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    • Former Member

      Hi Akhilesh,


      i tried above pcrs but in 1st pcr 9*** [my wage type 4000] wage type not adding can u check and replay me same


      1 PCR-

      ZTAX Tax 30% of wage type

      *

      ****

      ADDWT OT Output table

      9***

      ADDWT&ZCON VAR Variable table

      ADDWT OT Output table

      2 PCR

      ZTA1-- TAX Calculation % wise

      *

      ****

      AMT=& ZCON Set

      AMT%30 Percent calculation

      ADDWTI4000 IT Input table

      Thanks

      Kumar

  • author's profile photo Former Member
    Former Member
    Posted on Jan 17, 2013 at 08:51 AM

    Hi Kumar,

    Can u pls explain the scenario. Also, what I can infer from ur comments that wagetype is getting taxed on the higher bracket.

    Please check CL 24 and not 25. CL 25 will take it to One time Tax deduction and will be taxed on higher bracket.

    Also, check the income tax slab for the person as per the income before and after IT0015 wagetype.

    See if this helps to resolve ur query.

    Regards,

    ARNAV...

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