Exemptions Infotype (0582) LTA Subtype 

Definition

The LTA subtype of the Exemptions infotype (0582) stores the details of the travel submitted as proof for Leave Travel Allowance (LTA) tax exemptions.

Use

The details in this subtype are used during the calculation of LTA tax exemption. This infotype can be created at any point of time during a financial year. The infotype records are read for the entire financial year, each time there is a regular payroll run.

When you create an Exemptions infotype (0582) LTA subtype record for an employee, the data from the Family/Related Person infotype (0021) records get defaulted into this infotype record. This happens only if Family/Related Personinfotype (0021) records exist for the employee. This defaulting of data into the Exemptions infotype (0582) LTA subtype record is for information only and does not affect the actual LTA exemption. You can select the indicator to specify that the employee has declared the related person as a dependent.

Structure

You have to enter the following details in this subtype:

·        The date on the ticket, which the employee has submitted as proof. If there are a number of tickets for the same trip, this date can represent any one of the tickets.

·        The exemption amount, which is the total amount against which travel tickets have been submitted as proof for LTA exemption.

·        You can combine the amounts of more than one Exemptions infotype (0582) LTA subtype record to account for a single LTA exemption. To do so, you must enter the same two digit code as the trip exemption counter for all the records that are to be considered for a single exemption.

·        The start date af the journey.

·        The end date of the journey.

·        The journey start point.

·        The journey destination.

·        The mode of travel used for the journey

·        The class of travel.

·        The ticket numbers.

·        If the employee has been a part of the trip for which the employee is claiming the LTA Exemption, you must select the indicator for self-travel. If the trip has been undertaken by the dependents only, you must not select this indicator.

·        If the exemption is for the trip carried forward from the previous block of four years, then you must select the indicator.

Integration

·        If you select the indicator for self travel of the Exemptions infotype (0582) LTA subtype, the system checks the Absences infotype (2001). If the employee is on leave for the period of the trip, the system will save the infotype record. Otherwise, the system will show an error.

·        A dependent can be exempt only once for a particular trip exemption counter code.

·        The system will allow you to enter only two unique codes as the trip exemption counter for an employee in a block of four years.

See also:

Exemption on Leave Travel Allowance (LTA)

Exemptions Infotype (0582) MDA Subtype

Exemptions Infotype (0582) SCEA/SCHA Subtypes