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2924197 - Deds S24 (Interest) seen in Form 16 Summary in Payslip incase of New Tax Regime

Symptom

  • Deds S24 (Interest) though not considered in tax calculations is getting displayed in remuneration statement
  • Payslip still displayed deduction under section 24 amount , under Form 16 Summary under New Tax Regime 
  • Even though value of wage type /3OL is not calculated in RT of employee payroll, the same is still displayed in Payslip , when New TAX REGIME is selected 
  • Dedunction under Section 24 (Interest) seen in Form 16 Summary in Payslip incase of New Tax Regime 


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Environment

  • Human Capital Management (HCM)
  • Payroll India
  • SAP R/3
  • SAP ERP Core Component
  • SAP ERP
  • SAP enhancement package for SAP ERP
  • SAP enhancement package for SAP ERP, version for SAP HANA

Product

SAP ERP Central Component all versions ; SAP ERP all versions ; SAP enhancement package for SAP ERP all versions ; SAP enhancement package for SAP ERP, version for SAP HANA all versions

Keywords

 HINCALC0, PC00_M40_CALC, Section 24, Home Loan, Deduction u/s 24, Interest,INS24, INTAX,Deduction Interest , KBA , PY-IN , India , Problem

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