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IN : Loss from Let Out Property Not Being Considered For Income Tax Calculations When Employee Opt -'New Tax Regime' (Doc ID 2944533.1)

Last updated on APRIL 20, 2024

Applies to:

Oracle HRMS (India) - Version 12.1.1 and later
Information in this document applies to any platform.

Symptoms

Loss from Let out property not being considered for income tax calculations when employee opt -'New Tax Regime'

Steps

1. Navigate to India Employee Self Service Responsibility> Tax Declaration > House Loan Declaration

2. Declare house loan and let out property details.

3. Save the changes.

4. Navigate to India HRMS Manager > Run QuickPay

5. Check Statement of Earnings.

 

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
  
References


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