Why is current month's income tax deduction not being reflected in income tax row of IT Statement?

Created by Product Content Team, Modified on Wed, 13 Mar at 5:20 PM by Product Content Team

The current month's income tax deduction values are available in the IT statement at the end of the page under the head item TDS Recovered in Current Month.

This happens because the current month's values are identified after the tax is calculated.

greytHR's IT Statement page allows you to view the Income Tax (IT) calculations of the employees’ income for the current financial year. You can view the Taxable Income, Net Tax, various incomes and deductions, and all other Income Tax components.

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Related Links:

Video - To watch the video on ITax Declaration, click here.

FAQs - To read more FAQs about Income Tax, click here.

Documentation:

To read more about Income Tax, click here.
To learn more about viewing an employee's IT Statement page, click here.

Product Update - To read about the product update, click here.