Authorizing Tax Declarations
|
|
|
|
|
|
|
Ensure that you have selected the employee whose details must be authorized or rejected by selecting the employee name in the “Select employee to authorize tax declarations” page.
The “Authorize Tax Declarations” page appears. The system displays the following details.
|
Employee Tax Data Unit |
The employee tax data unit selected in the previous page. |
|
Date Format |
The date format applicable to the employee. |
|
Employee Code |
By default, the employee code selected in the previous page. You can also enter the employee code whose declarations must be authorized. |
You can also authorize an employee’s tax declarations without entering in the “Select employee to authorize tax declarations” page by specifying his/her employee code in the “Employee Code” field.
Select the “Get” pushbutton.
The system displays the employee name, PAN and all the declarations made by the employee for the selected tax year. It also displays all the tax declarations made by the employee for the tax year in the “ Record Income Tax Data” and “Employee Tax Details” activity.
In the “House Rent Details” multiline, the system retrieves all the details that the employee declared either in the “Record Income Tax Data” activity or in the “Employee Tax Details” activity. The following are the details.
|
From Month |
The month from which the employee declared as house rent paid. |
|
To Month |
The month until which the rent is paid |
|
City |
The city in which the employee paid rent. |
|
Amount Declared |
The amount paid towards house rent for each month. |
|
Proof Submitted For |
The value for which the proof is submitted. |
The declarations made regarding children’s education made are displayed in the “Children Education Details” group box.
|
No. of Children for Education Allowance |
The number of children for whom education allowance is claimed |
|
No. of Children for Hostel Allowance |
The number of children for whom hostel allowance is claimed. |
In the “Exemption U/S 10” group box, the system retrieves details of the items declared for exemptions in accordance with section 10 of Income Tax Act
|
Exception Items |
The item for which the employee has claimed exemptions. |
|
Amount Earned (Outside Payroll) |
The amount earned by the employee that is not included in the regular payroll. Example, terminal benefits, superannuation, etc. |
|
Amount Exempted |
The maximum amount that can be exempted. |
The following details that are displayed in the “Exemption U/S 80 group box.
|
Deduction Items |
The deduction items in which the employee invested to avail exemptions from tax. |
|
Amount Declared |
The amount declared for the respective item. |
|
Proof Submitted For |
The value of the deduction item for which the proof is submitted. |
In the “Rebates U/S 88” group box, the system displays the list of rebate items that the employee has declared to avail tax exemptions.
|
Rebate Items |
The name of the rebate item. |
|
Amount Declared |
The amount for which the employee has sought rebate |
|
Proof Submitted For |
The amount for which the employee has submitted proof. |
In the “Income From Previous Employer” group box, the system displays the tax details pertaining to the previous employment of the employee if any.
|
Employer’s Name |
The name of the previous employer. |
|
Total Salary |
The total salary earned for the tax year. |
|
Professional Tax Deducted |
The professional tax deducted by the previous employer. |
|
Provident Fund |
The amounted contributed towards provident fund |
|
LIC Premium |
The premium paid towards the LIC policy. |
|
Income Tax Deducted |
The total tax deducted for the tax year by the employer. |
In the “Income from Other Sources” group box, the system displays the income earned by the employee from other income heads as defined in the “Income Tax Act”, like the capital gains, lotteries, income from house property, etc.
|
Source of Income |
The income head from which the income is earned |
|
Amount |
The amount earned from the source. |
To authorize the employee’s declaration
Select the “Authorize” pushbutton to authorize the employee’s declarations.
To unauthorize the employee’s declaration
Select the “Unauthorize” pushbutton to unthorize the employee’s declarations.
You can unauthorize a record only if the record has been authorized earlier.
To reject the employee’s declaration
Select the “Reject” pushbutton to reject an employee’s declaration.
6 Hyperlinked topics below
Use this page to authorize/unauthorize an employee's tax deductions
To authorize the employee’s declaration
To unauthorize the employee’s declaration
To reject the employee’s declaration