To submit tax declarations

This functionality is specific for India.

You must submit the tax declaration in the way requested by the tax authorities, for example, sending a printed report or the electronic transmission of the declaration file.

You must prepare the tax declaration in the requested format and send it to the tax authorities. However, in some situations, LN can automatically transfer the declaration to the tax authorities.

To indicate that you have submitted the tax declaration, display the tax declaration in the Tax Declarations (tfgld1625m000) session, and on the appropriate menu, click Submit Tax Declaration.

LN performs the following actions:

  • Creates the financial postings for submitted tax declaration.
  • Creates a standing order for the payable amount, if you have selected the Generate Standing Order check box in the Tax Declaration Master (tfgld1620m000) session.
  • Sets the tax declaration status to Submitted.

Continue with To pay the tax declaration.

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