Hi Every one ,
Off cycle scenario :
offcycle payroll for addtional payments ,where on that payment, tax should be deducted at a time.
Its working, Everything is fine but my major issues is tds is deducting in the below case :
For Example : employee income -180,000
Now he is getting bonus 30,000
Total amount -210000
Tds Deucting on 25000-10%-2500(system is checking total income , he is in which slab and deducting on that slab ie. ..excess amount is getting deducted.)
Actual amount to be deducted is 1000rs/- 0n total income,upto 2lakh exemption and remaining 10000-10% ie...1000rs.
Note:
This Tax deduction is ok for the employees who are under tax deduction,(because for the employees who are under tax deduction can be adjusted in remaining months)but major problem who are not under tax deduction because we cant adjust that tax .
please give me the solution how to handle this cases is there any pcr to handle it.
Thanks &Regards,
swathi.