How to use PC00_M40_F24Q - Form 24Q

SAP Transaction Code - Details

• Transaction Code: PC00_M40_F24Q

  Description: Form 24Q

  Release: S/4HANA and ECC 6

  Menu Path:

  • Human Resources > Payroll > Asia/Pacific > India > Subsequent Activities > Annual > Legal Reports > Income Tax > Form 24Q

• • Program: HINCF24Q

    Screen: 1000

    Authorization Object:

  • Development Package: PC40

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: PC00_M40_F24Q - Form 24Q

  
  Overview: 
  The SAP transaction code PC00_M40_F24Q is used to generate Form 24Q, which is a quarterly tax return form for TDS (Tax Deducted at Source) in India. It is used to report the details of TDS deductions made by employers on behalf of their employees. 
  
  Functionality: 
  This transaction code allows employers to generate Form 24Q, which is a quarterly tax return form for TDS deductions. It also allows employers to view the details of TDS deductions made by them on behalf of their employees. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code PC00_M40_F24Q in the command field. 
  2. Enter the company code and financial year for which you want to generate Form 24Q. 
  3. Select the type of form you want to generate (e.g., Form 24Q, Form 26Q, etc.). 
  4. Enter the details of TDS deductions made by you on behalf of your employees. 
  5. Generate the Form 24Q report and save it for future reference. 
  
  Other Recommendations: 
  It is recommended that employers should regularly check their TDS deductions and ensure that they are in compliance with the applicable laws and regulations. Employers should also keep a record of all TDS deductions made by them on behalf of their employees for future reference.