How can admin set Form 138(Form 24Q) options in greytHR?

Form 138(Form 24Q) is a statement under the Income Tax Act, 1961, used for reporting tax deducted at source (TDS) from salaries. It is filed by employers or entities responsible for deducting TDS from employee salaries and contains details of tax deductions made and other related information.

To set the Form 138(Form 24Q)options on greytHR, from the greytHR Admin portal, go to the Settings icon > System Settings > Income tax > Form 138(Form 24Q) . 

1. Under the Particulars of Return section, from the Type Of Deductor dropdown list, select the deductor type.
2. From the Payment Section Code dropdown list, select the required option.
3. Under the Particulars of Deductor (Employer) section, fill in the employer details. 
4. Under Particulars of the Person Responsible for Deduction of Tax section, fill in the employee details.
5. Under the preferences, select the required checkbox from the given list.
6. Click Save to set the Form 138(Form 24Q) option on greytHR.

Note: You must set the Form 138(Form 24Q) options if you are uploading challan details for the first time and also, you need to complete FVU validation through greytHR.

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