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Re: Form-24Q Monthly Taxable Income showing as "1" and TDS "0"

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Please check SAP Note 2080322 where it is mentioned:

"....it is advisable not to recompute /4MI while Retro payroll run."

 

You can control /4MI recomputation behaviour through the use of the feature 40MWT and INWT. Please check the documentation of these two in your system.

In essense, /4MI once computed should NOT be allowed to be recomputed in retroactive payroll runs in order to make sure that Form 24Q output remains consistent throughout the year.

 

Regards


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