How can admin carry forward previous year’s IT declaration?

Created by Product Content Team, Modified on Tue, 1 Jul at 12:27 PM by Product Content Team


IT declaration is necessary for the organization to accurately calculate and deduct the appropriate amount of income tax from the employee's salary. 


To carry forward the IT declaration of employees from the previous financial year to the current financial year, the admin must perform the following actions:

  1. From the greytHR Admin login, navigate to the Settings icon> Sys Admin Backroom > Income Tax Utils > IT Carry Forward. The IT Declaration Carry Forward page opens.

  2. On the IT Declaration Carry Forward page, select any or all of the following options: Chapter 6Rent Paid, and Other Income.

  3. Select All Employees/Selected Employees as per your requirements.

  4. Click Carry Forward to carry forward the IT declaration of selected or all employees to the current financial year.


Looking for More Support?

Find answers and insights across our resources. Refer to our detailed Knowledge Base for in-depth articles, explore our practical video guides, and stay informed with our latest product updates.

 

Want to explore more features on greytHR? Talk to Us!  


Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article