How to use PC00_M40_F24 - Income Tax: Form24 for India

SAP Transaction Code - Details

• Transaction Code: PC00_M40_F24

  Description: Income Tax: Form24 for India

  Release: S/4HANA and ECC 6

  Menu Path:

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

• • Program: HINCF240

    Screen: 1000

    Authorization Object:

  • Development Package: PC40

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: PC00_M40_F24 - Income Tax: Form24 for India

  
  Overview:
  PC00_M40_F24 is an SAP transaction code used to generate Form 24 for income tax in India. This form is used to report the income tax deductions of an employee for a particular financial year. 
  
  Functionality: 
  This transaction code allows users to generate Form 24 for income tax deductions in India. It also allows users to view the details of the deductions, such as the amount of tax deducted, the period of deduction, and other relevant information. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code PC00_M40_F24 in the command field. 
  2. Enter the employee’s personnel number in the Personnel Number field. 
  3. Select the financial year for which you want to generate Form 24 from the drop-down list. 
  4. Click on Execute to generate Form 24 for the selected employee and financial year. 
  5. The generated Form 24 will be displayed on the screen. 
  6. You can print or save the form as required. 
  
  Other Recommendations: 
  It is recommended that users check all details carefully before generating Form 24, as any incorrect information may lead to incorrect deductions and penalties from the Indian Income Tax Department.