Income tax rule 2014-15:issue in Loan Interest Limit in infotype 584 for tcode-pa30

Currently when we are using existed limit which is 1,50000 for income from other sources. it is displaying in pay slip.in any other income colum as Deds S24
(104692.00 -)
pa30-infotype-584 –limit-150000
As per new tax rules for year 2014-15,we have implemented Changes for Interest on Loan limit.
View-V_T511P.
After making entries in this view for current income tax rules:limit exceed 200000. LNS05 we created this new entry.
And changes also made here.
Pa30-infotype-584-limit exceed-200000.
After doing this entry.it is not showing in payslip.in any other income colum.its blank now.
please suggest.

Sandhya Kodepudi replied (in response to Priya Gupta) 10 minutes ago
Hi Priya ,
Section 24 deduction works perfectly for me . Its clearly stated in the budget note released to get your system upgraded to N-1 patch level.
We are currently working on SAP 604 sp76(upgraded from 64-76) , and EA-HR patches updated to 55..
Please ask your basis consultant to check the levels and upgrade accordingly .
The manual changes given in the budget note are working correctly.
regards
sandhya

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Dear Consultants,
According to Indian Govt New Income tax slab for FY 2013-14 / AY 2014-15,
Taxable Income in 10% slab maximum tax will be Rs 28000 (taking 2000 tax credit
into consideration) is there any SAP note to be apply for this condition, Please do needful.
Thanks in Advance,
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Dear Friends,
My issue is closed, by applying the below note. this will be useful for others in future
SAP NOTE :- 1850965
As per the Union Budget 2013 - 2014, for individuals having a taxable income less than 5 Lac, a tax credit of INR 2,000 would be given. While executing payroll (TCode: PC00_M40_CALC_SIMU) for employees, when a cross financial year retro is triggered from previous year, tax credit amount is being generated. However, it is not reducing the overall tax liability of the employee. This behavior is incorrect. For an employee 'X' a cross financial retro is triggered. After considering the cross FY arrears, employees' taxable income comes out to be less than 5 Lac. In this case, a tax credit of INR 2,000 is generated. Suppose, the overall tax liability of employee 'X' was INR 10,000, then even after tax credit his liability remains 10,000. Tax liability for employee shall become INR 8,000 (10,000 - 2,000).
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Income tax issue for mid month joinees

Issue 2:
For New (mid month) joinee at the first month gross salary is calculated based on the earned salary amount *12 months (or no. of remaining months for financial yr end), but in my client income tax deducted based on the actual salary (not earned salary) from the first month onwards.
For example :
Employee X,
Joined date 15.08.2011,
Actual salary = 1,00,000 INR. Earned salary for 15 days = 50,000 INR.
While Start Payroll for the period 5th (August) 2011. The WT /416 Gross salary = 4,00,000 (50000*8). Based on this gross salary income tax calculated, But I want to calculated the gross at first month (august 2011) based on follows,
Gross salary : August month earned salary = 50,000 + Actual salary per month =1,00,000*7 =7,00,000.
Gross salary = 7,50,000 INR.
Please give me some solution
Thanks and regards
Mohan .V

Hi Param Dayal,
New issues rise Now....
For New (mid month) joinee at the first month Exemption U/S 10 is calculated based on the Conveyance Allowance amount *12 months (or no. of remaining months for financial yr end), but in my client income tax Exemption U/S 10 based on the actual salary (not earned salary) from the first month onwards.
For example :
Employee X,
Joined date 15.08.2011,
Conveyance Allowance = 800 INR. Earned Conveyance Allowance for 15 days = 400 INR.
While Start Payroll for the period 5th (August) 2011. The WT /130 Exemption U/S 10 = 3,200 (400*8). Based on this Conveyance Allowance The Exemption U/S 10 calculated, But I want to calculated the Exemption U/S 10 at first month (august 2011) based on follows,
August month earned Conveyance Allowance = 400 INR + Actual Conveyance Allowance per month =800*7 =5,600.
Exemption U/S 10 = 6,000 INR.
Please give me some solution
Thanks and regards
Mohan .V
Edited by: mohantamilan on Sep 26, 2011 2:52 PM

Issue on Projected Income Tax (Payroll India)

Hi Experts
We have upgraded the system with SP_HR Component patch level 64 and configured SAP Note 1568264.
We have an issues on Projected Income Tax.
Scenario :
Monthly sal : 25000/- and paid the same to employee in Apr, May 11.
In the month of June employee has LOP for 2 days and paid 22000/- against June 11.
Now system is calculating projected IT based on 22000/- for the remaining months i.e., 22000*10= 2,20,000/-.
Showing projected income tax as 2,20,000+50000 = 2,70,000/- (should be 3,00,000/-)
Please suggest the possible ways to resolve this.
Appreciate your help.
Thanks
Venkat Babu Kurada

Hi Experts,
New issues rise Now....
For New (mid month) joinee at the first month Exemption U/S 10 is calculated based on the Conveyance Allowance amount *12 months (or no. of remaining months for financial yr end), but in my client income tax Exemption U/S 10 based on the actual salary (not earned salary) from the first month onwards.
For example :
Employee X,
Joined date 15.08.2011,
Conveyance Allowance = 800 INR. Earned Conveyance Allowance for 15 days = 400 INR.
While Start Payroll for the period 5th (August) 2011. The WT /130 Exemption U/S 10 = 3,200 (400*8). Based on this Conveyance Allowance The Exemption U/S 10 calculated, But I want to calculated the Exemption U/S 10 at first month (august 2011) based on follows,
August month earned Conveyance Allowance = 400 INR + Actual Conveyance Allowance per month =800*7 =5,600.
Exemption U/S 10 = 6,000 INR.
Please give me some solution
Thanks and regards
Mohan .V

Issue in income tax computation

Dear All,
I have some issue in income tax calculation India Payroll for few employees.
Listed the problems below
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2. Medi-claim is not deducted from gross salary

Hi Lakshman,
Exemption under sec 10 should be considered in the tax calculation. In the Tax calculation all the amount u/s 10 will be stored in wage type /130 and it will subtracted from the Gross salary (/416).
If this is not happening then please check the configuration of the wage type which you are using.
Normally Medical exemption will be processed before the arrival of gross salary.
Hope this will help you.
Thanks & Regards
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Income Tax Calculations - Issue

Client is saying that as per their existing SAP system, the Income tax calculation is made on Gross salary. And they are saying that if any additional taxable payout is made in a month to an employee, then the total tax on this additional payout should be paid by the employee in the same month. So basically his total tax would be the (general regular monthly tax + total tax on the additional payment), which as per them the system is not calculating correctly since October 2010.

Hi,
Thanks for your reply Jurgen & Remi. I am pretty new to Payroll & this is India Payroll.
Now, the issue is how should I proceed ahead.
1. The client says that the wage types are already configured in the system in such way that on certain wage types, the tax which is calculated is paid in the same month. Can u pls inform that which processing class & cumulation class do I need to check in Table 512w_d for this wage type.
2. As I need to see this whole functioning in Schema, pls guide as to where I should check this whole tax calculation in Schema.
3. The function I have heard which is used is India for Income tax is INTAX.
Looking forward to your reply.
Thanks a lot!!!
Edited by: SAP ST on Nov 25, 2010 7:24 PM

/616 WT & Income tax issue

Dear all,
I face a serious problem: some PFs have income tax = 0 (their salary is taxable) while others are double.
I checked PC_PAYRESULT and saw that error come from WT /616:
At period 01.2011, in section 89, some wage types are calculated wrong
In-Year for Payroll --- --- --- --- For-Year for Payroll --- --- --- - Wage type- --- --- -- Amount
2011--- --- --- --- --- --- --- --- --- - 2010- --- --- -- -
--- --- --- - /6I2- --- --- --- ---    29,377.00-
2011--- --- --- --- --- --- --- --- --- -   2010- --- --- --- --- --- --- --- - /616- --- --- --- --- 365,713.00-
2011--- --- --- --- --- --- --- --- --- -   2010- --- --- --- --- --- --- --- - /650- --- --- --- ---   5,973.00-
I don't know why they come with a huge amount like this , but it causes wrong taxes and many problems for payroll in year 2011.
I checked many topics, but still can't resolve.
Add. gross salary in RT Table.
/616 Add gross salary Issue
Please help.
1. Why were these WT calculated with a huge Rs?
2. How can I fix this (Payroll already has ran for 5 months ago)

Hi,
the error is in which system.(PRD/QLY)
according to the first thread you have gone through check the control record dates and change it to 2010 xx period and try once.
if it is not giving any error then you can easily capture the solution why is it calculating so .
change the control record dates to 2010 and try..
or check the IT-0008 records are there any salary changes in past(salary Increased)
we have model wage types
M89G--/616
M89I--/6I2
M89T--/650 copy using this model wage types and balance the amount by giving in IT-0015 (deduction amount) and try...
hope this helps you
let us know the result...
Regards,
mohammed

Income tax issue-URGENT

Dear Guru,
I have run the payroll of April 08 with old income tax slab Now,
Before running the May 08 payroll if I apply the new income tax slab and all budget changes 2008-2009 then, will the system calculate the taxes according to the new budget changes?
Will the income tax be calculated from the month of April 08 or May onwards ?
Please Advised
Regards
MHPO

Dear Santosh thanks,
But what about the old slab April 08 income tax deduction amount is adjused to may 08 to mar 09??
1 I have run the payroll of april 08 with old income tax
2 Then we update new budget changes may 08 month
3 Then we run the may08 payroll
my question is, the income tax be calculated from the month of April 08 or May onwards ?
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very serious issue
Please Advised
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Income tax issue without PAN no.

Hi Expert
If an employee having annual compensation INR 1.5 L than he/she will not be come under tax and in this case there is no need maintain the PAN no. in IT 185.
My question is that according to SAP if an employee dont have PAN no. because of non availability of taxable income than 20% flat tax would be applicale for him/her or not?
If yes pls guide me how to map that kind of scenario in sap.
I am maintaining following notes.
1568264
1558465
1572614
1575366
Pls treat this on high priority
regards
sachin

Hi Sachin,
Please go through the below circular:
4.8 Section 206AA.
4.8.1 Finance Act (No. 2) 2009, w.e.f. 01/04/2010 has inserted sec. 206AA in the Income-tax Act which makes furnishing of PAN by the employee compulsory in case of payments liable to TDS. If employee (deductee) fails to furnish his/her PAN to the deductor, the deductor shall make TDS at a higher of the following rates
i. at the rate specified in the relevant provision of this Act; or
ii. at the rate or rates in force; or
iii. at the rate of twenty per cent.
4.8.2 The deductor has to determine the tax amount in all the three conditions and apply the higher rate of TDS . This section applies to any person entitled to receive any sum or income or amount, on which tax is deductible under Chapter XVII-B of Income Tax Act. As chapter XVII-B covers all Payments including Salaries, Salaries are also covered by Section 206AA. In case of salaries there can be following situations
a) Where the income of the employee computed for TDS u/s 192 is below taxable limit.
b) Where the income of the employee computed for TDS u/s 192 is above taxable limit.
In first situation, as the tax is not liable to be deducted no tax will be deducted. In the second case, if PAN is not furnished by the employee, the deductor will calculate the average rate of income-tax based on rates in force as provided in sec 192. If the tax so calculated is below 20%, deduction of tax will be made at the rate of 20% and in case the average rate exceeds 20%, tax is to deducted at the average rate. Education cess@ 2% and Secondary and Higher Education Cess @ 1 % is not to be deducted, in case the TDS is deducted at 20% u/s 206AA of the Income-tax Act.
Regards
Raviiii

Income Tax issue

Dear Experts
I need to know whether it is possible to have an estimation of the income tax which will be deducted during the entire year
what are the controls for it?
How do i do it?
Your help will be really appreciated
Thnks in advance
Regards
Jayeeta

Hi ,
Here you required some hardwork in like first you have to tell which value is to pick from RT and which from CRT.
By name and few checks you will get everything.
Now Projection you had to manual (In report context addition , multiplication and substraction on the base of values from RT )
Hope you get or let me give 1 ex basic 1000 you have to calculate in report for 12 month then 1000 * 12 this is manual process.
High end logic is needed.
Still if you have any doubt then reply.
Manoj Shakya

Income tax is not calculated After Total Income

Dear All,
                    I am running my payroll but my Income tax is not calculating properly because when am seeing my log then i find my total income is calculated properly but after that my STANDARD DEDUCTION is not been happening according to the rule if the employe is men it should be deducted 150,000 but it's not happenings . In payroll log where i can see the this (STANDARD DEDUCTION)amount because am not able to find how much deduction is happenings.My employe joining date is 01.05.2009
I am giving my salary components.
Basic-19500
HRA-13650
Performance-15000
LIC(IT0586 80C)-35215
Tution Fee(IT0586 80 C)-16800
Calculated PF-2340
CAlcualtion is done on the basis of 11 month
Gross Salary                   529,650.00
Exemption U/S 10               107,250.00 (HRA Annual Ex)
Balance                        422,400.00
Incm under Hd Salary           422,400.00
Gross Tot Income               422,400.00
Agg of Chapter VI               77,755.00
Total Income                   344,650.00 (Till Here Every thng is fine From the next level am not able to identify how much and which basis MY Standard deduction is calculated)
Tax on total Income             52,395.00
Tax payable and surcharg        53,967.00
Income Tax                       4,906.00
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Dear Siknder ,
                           I alredy check in it0002 it male.
I want to know how should i check in my payroll log what calculation is happening after my total income get.
And also how i can identify which finacial year calculation is been performed.

Income Tax Problem

For One of the employee we forget to maintain the PAN number and ran the live payroll,Due to some resons we paid salarys manually with income tax is zero (ie out of sap). Now we ran the all 4 months live payroll in sap system it shows calculation the income tax 4,000 for july month and remaining 3 months we maintained volantary income tax zero
Now we want to make that 1 month Income Tax 4,000 become Zero(because as we paid that manually as zero) so what to do please guide me?

Hi,
As you aware If PAN number not updated straight away System needs to deduct 20% of Incometax of Total Income even employee not comes under any slab..
How your suggested wrong practice against legal procedings. If it is noticed to IT Dept You will not suffer, Your client will suffer my dear.
Second you told due to some reasons salaries paid out of SAP.. Then why your not suggest as Advance salary which is paid Out of SAP. After that you can deduct from Employee salary when live run processing. SAP provided Volutary Income tax wage type using for such conditions. We are all suggesting these scenarios without knowing Incometax rules which is integrated with SAP
Anyway better Enhence rule "INVT" for future issues.

Income tax amount adjustment

Hi Experts,
I am getting Income tax issue as per SAP for one employee income tax have to deduct 7450 rupees for the month of April.
But my client has been deducted 9000 rupees for the month of April and paid salaries through legacy. Already I maintained one additional wage type and entered the difference amount 1550 rupees in info type 0015 and that amount is adding to gross, net salary of employee.It is not calculating Income tax.
They are not accepting to this process.So please seggest me how can I adjust that income tax difference amount.

Hi
Below ZTAX is the rule and 9TAX is the Dummy WT, below is the example.
ZNN1 086 INTAX
ZNN1 087   ENDIF
ZNN1 088   IF         O     IF Original (Voluntary Tax)
ZNN1 089 PIT   ZTAX      NOAB          Tax Calc
ZTAX*9TAX     ELIMI *   ADDWT /460ADDWT *
Good Luck
Pavan
Reward if it is helpful

Salary & Income Tax Projection for Retiring Employees

Hi Friends,
We have a case where an employee is retiring on 14.08.2014 (which is his birthday also i.e. P0002-GBDATE = 14.08.1954).
When we executed payroll for this employee in the month of July 2014, the system deducted income tax as per the slabs for a senior citizen (as Union Budget 2013-14, current year budget changes have not been incorporated).
The company wants the employee to be considered as a 'normal citizen/person' and not as a 'senior citizen' until his date of retirement or during the tenure of his employment.
What can be done to resolve this issue?
We are using
Actual Basis for Projection of Salary and Income Tax
Date Type 'N0' in IT0041 (Date Specifications)
Please suggest something.
Regards,
Kumar

I have personally checked this, as facing the same problem. AND THIS IS WORKING, THANKS FOR THE INFORMATION.
HOWEVER THERE IS ANOTHER SOLUTION ALSO.
One can create an retirement action, which has to be executed for all the employees going to retire during the year.
system will calculate the gross and project the tax only upto the retirement date.
if exttn is required you can also config the retirement-exten action in case of extension is carried out.
Rather than touching the standard scheme this is the best way I know? you can also fetch the reports in the future with the help of standard reports.
However, if anyone is having any PCR idea, that is also welcome. Do give me a helping hand by share the same.
Edited by: virparkash on May 23, 2011 1:19 PM

Income tax rule 2014-15:issue in Loan Interest Limit in infotype 584 for tcode-pa30

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