Hi leelamohan
actually we have created one wage type 2OD4 and maintained it in infotype 15 .as bihar professional tax.now our payroll team wants this amt to show in form16 summary.
how i calculate it.
see here are 3 things in form16 summary:
| RT | /416 | Gross Salary |
| RT | /130 | Exemption U/S 10 |
| RT | /418 | Balance |
here after exemption we wan to add Bihar ptax .
Herein, the Exemptions u/s 10 (/130) is deducted from the gross salary
(/416) to calculate the value for /418(Balance).so same thing we want to deduct from gross in case of bihar ptax.can u please explain it.check the attachment.
means balance = gross - exemption - bhar ptax(if dedcucted for bihar emp and maintained in 15 infotype as 2od4)
suppose gross-10000
exemption-2000
biharptax-2500
balance-5500(10000-2000-2500)