Ansicht
Dokumentation

VV_T511K_NWSRC - Maintain Constant to enable withdrawal of Surcharge for capital gains

ROGBILLS - Synchronize billing plans   General Material Data  
This documentation is copyright by SAP AG.

In this customizing activity, you can maintain the value of the Surch withdrawal for Cap Gains (NWSRC) payroll constant. This constant holds the value based on which the system decides the computation method for the surcharge on income tax.

1. Enter one of the below two values in the Valuefield for the payroll constant.
1. 0 - The system calculates the surcharge on income tax, based on the overall income that includes the Short-Term Capital Gains, Long-Term Capital gains and Any Other income. There is no segregation of surcharge rates based on the individual incomes from these three components.
2. 1 - The system calculates the surcharge on income tax by segregating the overall income into Short Term Capital Gains, Long Term Capital Gains and Any Other Income. This is done to withdraw the excess surcharge, which was earlier levied, on Short Term Capital Gains covered under Section 111A and Long-Term Capital Gains covered under Section 112A and hence encourage investment in capital market. For more information on the surcharge rates, refer SAP Note 2911678.
3. 2 - The system calculates the surcharge on income tax by segregating the overall income into Short Term Capital Gains, Long Term Capital Gains, Dividends and Any Other Income. This is done to withdraw the excess surcharge, which was earlier levied, on Short Term Capital Gains covered under Section 111A and Long-Term Capital Gains covered under Section 112A and Dividends and hence encourage investment in capital market. For more information on the surcharge rates, refer SAP Note 3075155.
2. Save your entry.

RFUMSV00 - Advance Return for Tax on Sales/Purchases   ABAP Short Reference  
This documentation is copyright by SAP AG.

Length: 1876 Date: 20240523 Time: 184002     sap01-206 ( 67 ms )