Hi Experts,
Have to generate Form 16.
Issues:
We are following bellow process, Please find he below example.
Example: Employee salary 100000 Per month - Sap system calculating 30000 taxable amount, but manually calculated taxable amount 20000 ( Reason:Tax exemptions are not maintaining in the sap system, So we have to maintain this amount through MVT1, MVT0)
As per my knowledge, I am planning to maintain Chalana mapping program for tax deduction. after that generate FORM 16.
Question:
Is it the right way generate FORM 16.
Thanks& Regards,
Prasad