cancel
Showing results for 
Search instead for 
Did you mean: 

How Rembursement wagetypes can be made to be displayed in Form16

Former Member
0 Kudos

Hi, sirs

How Rembursement wagetypes can be made to be displayed in Form16

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
0 Kudos

Hi

Try this out

SM30

V_T7INT9

Maintain as per exsisting inputs

all the best

partha

keep sharing and learning

jayantvenkata
Product and Topic Expert
Product and Topic Expert
0 Kudos

Hello

Annexure to Form No.16

This function prints the detailed amounts for the following income and

tax components:

-Emoluments Paid

-Perks

-Income from Other Sources

-Exemptions u/s 10

Each of the above four components are assigned to an Evaluation Class:

1.Emoluments Paid is assigned to the Evaluation Class 6.

2.Perks is assigned to the Evaluation Class 9.

3.Income from Other Sources is assigned to the Evaluation Class 8.

4.Exemptions u/s 10 is assigned to the Evaluation Class 7.

Each of the sub components is assigned to a Specification of the

Evaluation Class. For example, Basic Salary under the component

Emoluments Paid is assigned to Specification 1 of EvaluationClass 6.

You can assign wage types to a particular Specification of an Evaluation

Class, example, the Basic Salary wage types, MB10 and MB1F to

Specification 1 of Evaluation Class 6. The amounts assigned to MB10 and

MB1F, for an employee, are printed against Basic Salary, in this report.

Similarly, you can assign other wage types to the relevant specification

Once the wage types are configured, as mentioned above,the break up will

be available in form 16 annexure.

Regards