Petrol reimbursement in Tally ERP9

Sir, CTC of one of our employee consists Rs. 1800.00 as reimbursement of Petrol as his own car is used for office purpose. His CTC looks something like this:

BASIC : 60000.00 PM HRA : 24000.00 PM CONV : 12950.00 PM MEDICAL REIMBURSEMENT : RS 1250.00 PM PETROL REIMBURSEMENT : RS 1800.00 PM

All the heads have been configured properly in Tally erp 9 except Petrol reimbursement. While creating the pay head for Petrol Reimb in payroll, there is no such component reflected in the 'list of components' to configure the same. For eg: while u create a head for medical reimb, there is a component in the so called 'list of components' named MEDICAL REIMBURSEMENTS. The limits (which is Rs 15000.00 annually) is automatically specified during the computation of salary and deducted as allowance exempted u/s section 10. But, in case of Petrol Remib, there are no such components.

Needs help Regards SANDEEP KUMAR

asked May 04 '12 at 17:54 by himuna 111

We have no idea of Tally software. Please ask this question on a forum related to Tally software.
(May 24 '12 at 21:19) Pankaj Batra

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Asked: May 04 '12 at 17:54

Seen: 2,390 times

Last updated: May 24 '12 at 21:19

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