Dear Experts,
Please provide information to process IT581 COA (Company owned accommodation),
Below is our requirement,
If employee stays at Company owned accommodation and
City population> 25 lakh then taxable amount would be 15% of Basic + DA
b/w 10 to 25 lakh then taxable amount would be 10% of Basic + DA
< 10 lakh then taxable amount would be 7.5% of Basic + DA
To achieve this I have done below settings.
For COA (company owned accommodation) copied from Model WT M232
Table: V_T52DZ (Assign Customizing Wage Type to Model Wage Type)
Table: V_T7INT9 (Taxability of wage types) Maintained Tax code SCOA
V_T7INA9 RAP (Reimbursement allowances perks - eligibility and calculation) in RAP maintained as Perk
For COA (company owned accommodation) below settings done in following tables Table: V_T7INR1 (Housing code for taxation)
Table: V_T7INR5 (Housing related statutory constants for taxation)
Table: V_T7INR3 (Percentage/amount for housing related constant
Table: V_T7INR7 (Codes for Housing Types)
Table V_T7INR9 : (City category for housing type)
Maintained COA (Company owned accommodation) at IT 581 In Employee Master data
When execute Payroll WT /3RH and /3RI not getting populated in RT table.
Annual perk is not get populated for COA (Company owned accommodation)
I appreciated if some one provide details to achieve COA (company owned accommodation scenario)
Thanks
Warm Regards
Prabu