Payroll Tax Details
In this section, you can update your organization’s tax information. These details are used to generate Form 16 for your employees.
To access this section:
- Click Settings in the top-right corner and click Payroll Tax Details under Payroll.
- Enter or update the following details:
Organization Tax Details
PAN
Permanent Account Number (PAN) is a mandatory identification number issued by the Income Tax Department. It is a 10-character alphanumeric code required for all organizations conducting business in India, whether registered domestically or abroad.
TAN
Tax Deduction and Collection Account Number (TAN) is a 10-character alphanumeric code required for entities that deduct or collect tax at source. All organizations that deduct or collect tax must quote their TAN in TDS and TCS filings.
TDS Circle / AO Code
The Assessing Officer (AO) Code identifies the Income Tax officer responsible for your organization’s tax assessment. It consists of:
- Area Code
- AO Type
- Range Code
- AO Number
You can find this code by contacting the Income Tax Office or by logging in to your Income Tax account and navigating to My Profile.
Tax Payment Frequency
Tax Payment Frequency indicates how often your organization deposits Tax Deducted at Source (TDS) with the Income Tax Department. By default, this is set to Monthly.
If your organization follows a different payment frequency, contact our support team to enable it.
Tax Deductor Details
A Tax Deductor is the person responsible for deducting income tax from employees’ salaries and remitting it to the Income Tax Department.
Select the tax deductor from the drop-down list and enter their father’s name.
NOTE: The tax deductor is typically an employee of your organization. If an employee is selected, their father’s name is auto-filled. You cannot delete an employee who is assigned as the tax deductor.
Add Non-Employee As Tax Deductor
You can also assign a non-employee (such as a third-party accountant or auditor) as the tax deductor for your organization.
To add a non-employee tax deductor:
- Go to Settings and click Payroll Tax Details under Payroll.
- In the Tax Deductor Details section, set Deductor Type to Non-Employee.
- Enter the Deductor’s Name, Father’s Name, and Designation.
- Click Save.
The selected person will be added as the tax deductor for your organization.