An IT declaration, or a tax declaration document allows individuals or employees to fill and submit their employer or relevant tax authorities to declare their income, deductions, and other relevant information to calculate and withhold income tax.
To carry forward the previous year’s declaration to the current year, the admin must perform the following actions:
From the greytHR Admin portal, navigate to the Settings icon > Sys Admin Backroom > Income Tax Utils > IT Carry Forward. The IT Carry Forward page opens.
Select the required options available on the page such as Chapter 6, Rent Paid, Other Income, Employee Tax Regime, and Previous Employment.
Select the All employees or Selected employees option as per your requirements.
Note: If you select the Selected employees option, then select the required employees using the checkbox(es).Click the Carry Forward button. The Carry Forward pop-up appears.
Click Confirm to carry forward previous year’s declaration to current year. A success message appears.
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Related Links:
Video- To watch the video on IT Declaration, click here.
FAQs- To read more about IT Declaration, click here.
Documentation:
- To read more about IT Declaration, click here.
- To read more about viewing employee's IT Statement, click here.
Product Update- To read our product update, click here.
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