IT Statement is a final report of your IT calculations based on your income for the financial year. The statement can be accessed by employees only if it is released by admin. The IT statement contains calculation of income tax for the complete financial year and the declarations provided up to current date/month. IT Statement provides you with a detailed view of your income tax calculations. You can view the following information on this page:
Tax Calculated as Per: The tax regime based on which tax is being calculated.
Net Tax: Net amount of tax payable.
Tax Deductible Per Month: Amount of tax to be deducted on a monthly basis.
Remaining Months: Total number of months remaining to pay tax for the current financial year.
Total Tax Due: Total amount of tax payable to be deducted for the remaining months of the current financial year.
To navigate to the IT Statement page, click Payroll > Published Info > IT Statement.
Viewing IT Statement of an Employee
Select the month for which you require IT Statement.
In the search field, type the employee's name. An Income Tax Computation for the Financial Year 2020-2021 as on April 2020 page appears.
The financial year and month will appear based on the payroll month you select.
Figure 1: Viewing the IT Statement page
Clickto view all details and to reset to default view.
Clickand to expand and collapse sections. You can also download the statement by clicking on .