Functionality: Allow to nullify Form B for an employee who has not submitted any investment
Accessibility: Admin Role only
Process:
Path: Home>>Payroll>>In-Process>>Approve Form B/C
Step 1:
- Select the financial year from the drop-down
- Select Declaration Type (Actual Investment Form C)
- Select the status "Not Submitted"
Step 2:
- Click to "Show" , employees list will be displayed
- Click on Nullify Investment Details to nullify the investment details of all the employees.
Note : It will nullify all employees Form B who have not submitted Form C. This process has to be followed to calculate the Income tax on the basis of Form C or on complete earning before closing the financial year.