URGENT:Income Tax Problem in Payroll

Hi dear friends,
when India payroll is run the Conveyance Allowance is not considering for Income TAX Exemption.
I had assigned the TAX Code correctly with limit 800 per month.
When i check the technical Wage Type /130 ,it contains only HRA amount which is having tax exemption.
My conveyance allowance Wage type is in IT 0008.
I am struggling with this problem @ client location.
Please give a help by checking out this problem
<b>Wishing you all a Happy X-Mas and Prosperous New Year
Regards</b>

Hi Abhilash,
Please check the following tables.
1.  V_T7INCA----
Conveyance Types.
2.  V_T7INC9----
Conveyance Allowance Eligibility. Here You need to assign
                             Grouping for Allowances for each Conveyance Type and WT 
                             for Conveyance.
3.V_T7INT9----
Taxability of Wage Types. Here You need to assign the
                         Conveyance WT to Taxcode SCNV with Exemption amount of
                         Rs 800 and Tax Type is 'Tax amount is Limit Based' and
                         frequency is 'Monthly'.
4 You have to maintain table V_T7INA9 with that WT.
Try with this.....
Good Luck
Laxmi

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    Hi,
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    Hi Experts
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    Hi Experts,
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  • /616 WT & Income tax issue

    Dear all,
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  • Exemptions in Infotype 0580 not considered in Income Tax Calculation

    Dear All,
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    Hi Sudhir,
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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,
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    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,
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    Gross salary = 7,50,000 INR.
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    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 :
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    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.
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    Edited by: mohantamilan on Sep 26, 2011 2:52 PM

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  • Income tax is not calculated After Total Income

    Dear All,
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    Incm under Hd Salary           422,400.00
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    Dear Siknder ,
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  • Income tax calculation

    Dear All,
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  • Income Tax Calculations

    Hi Folks
    My Project is going Live on July 2006. Regarding Income tax i would like to upload all the Master data and Salary data effective 1-Apr-06 and would like to run the payroll manually for three months(April, May and June)by changing the Control Record.
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    Appreciate any help or Any other idea to make the system to work fine.
    Regards
    Ragavan

    Hi,
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