Viewing an employee's IT statement helps to ensure that proper tax withholding and payment are made, and can also help in avoiding legal disputes with tax authorities. The statement helps you view and share accurate reports of employees' income and taxes paid to the government and can assist in reducing the risk of penalties or fines for non-compliance.

The IT Statement page in your greytHR Admin portal allows you to view the Income Tax (IT) calculations of the employees’ income for the current financial year. The page displays the Taxable Income, Net Tax, various incomes and deductions, and all other Income Tax components. The page also allows you to download the IT statement in pdf format.

To view the IT Statement page, from the greytHR Admin portal, hover over the 9 dots and go to Payroll > Published Info > IT Statement.

You can view the following information on the IT Statement page:

Tax calculated as per tax TAX REGIME.
Net tax.
Tax deducted per month.
Remaining months.
Total tax due.

View and download an employee’s IT statement

To view and download an employee’s IT statement, from the greytHR Admin portal, hover over the 9 dots and go to Payroll > Published Info > IT Statement.

On the IT Statement page, from the search an employee search box, search for the employee whose IT statement you want to view. The Income Tax Computation for the Financial Year as on page appears.
Click + Expand All. The section expands and displays the details of the Income Tax calculated. You can click - Collapse All to reset the section.
Click the Download As PDF button to download the IT statement in pdf format.

Frequently Asked Questions:

What information is available in the IT Statement?

The IT Statement includes taxable income, tax calculated as per the selected tax regime, net tax payable, tax deducted per month, remaining months, and total tax due.

Does the IT Statement reflect the selected tax regime?

Yes. The tax is calculated based on the employee’s selected tax regime for the financial year.

Can I view the IT Statement for resigned employees?

Yes, you can view the IT Statement for employees whose payroll has been processed during the current financial year, including resigned employees.

Is the IT Statement updated automatically?

Yes. The IT Statement updates automatically based on payroll processing, declarations, Proof of Investment (POI), and other tax components.

Can I download the IT Statement?

Yes. You can download the IT Statement in PDF format for record-keeping or sharing purposes.

How can I View and download an employee’s IT statement?

On the IT Statement page, from the search an employee search box, search for the employee whose IT statement you want to view. The Income Tax Computation for the Financial Year as on page appears.
Click + Expand All. The section expands and displays the details of the Income Tax calculated. You can click - Collapse All to reset the section.
Click the Download As PDF button to download the IT statement in pdf format.

To view and download an employee’s IT statement, from the greytHR Admin portal, hover over the 9 dots and go to Payroll > Published Info > IT Statement.

What does “Remaining Months” indicate in the IT Statement?

Remaining Months indicates the number of payroll months left in the financial year for which tax deduction is yet to be processed.

Why does the Net Tax amount change during the year?

Net Tax may change due to updates in salary structure, bonuses, declarations, POI submissions, or changes in tax regime.

Can admins edit the IT Statement directly?

No. The IT Statement cannot be edited directly. Any corrections must be made in payroll inputs, salary structure, or tax declarations.

Does the IT Statement include previous employer income?

Yes, if previous employer income details are entered in the system, they are considered in the tax computation.

Is the downloaded IT Statement valid for statutory purposes?

The IT Statement serves as an internal tax computation report. For official tax filing purposes, employees must refer to Form 16.

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