Scope for Income Tax Validation
- Verification of document’s availability and relevance to applied section by any employee
- Capturing of relevant information such as document date, value of investment, year of investment, name(s) of Valid family member, mentioned etc in MS excel
- Check the correctness of value entered into the application w.r.t document uploaded by employee
- Check the value entered into the application is under limit set for each section and validation of interlinked sections for getting correct exemption.
- Check if the section applies w.r.t other applied sections as well as meet the criteria as set under each section of IT act
- Validation of Income Tax Computation (Earning, Dedication, Exemption, Tax Collected, Tax Balance) Clear explanation for difference in Input Tax Computation
- Preparation of Final Input File for Form 24Q / form 16 generation
- Total records need to be checked for 6500 to 7000 Employees
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