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IN PAY: Value of Perquisites (Section 17(2))
Dear All,
I configured one element i.e. ESOP Perk, its working fine but when i run payroll for next month, the perk value in balances is doubling i.e. Value of Perquisites (Section 17(2)) is double.
for ex: 1st Month ESOP Value is 5000 and the same is going Value of Perquisites (Section 17(2)), but in 2nd month also Value of Perquisites (Section 17(2)) is doubled i.e. 5000+5000=10000. Due to this income tax is increasing.
Please guide me where i did mistake.
Rgds,
LK
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