The Override Tax Value allows the user to override the Tax Amount which will be deducted as Income Tax in each month. It also provides the facility to specify the required period to override the Income Tax amount.
When the Override Tax Amount is specified for any of the months, the actual tax amount computed by the system will not be considered for deduction.
To specify the Override Tax,
Go to Gateway of Tally > Payroll Info. > Income Tax Details > Override Tax Value
Select the required Employee or All Employees from the List of Employees
In Effective From field, specify the date from when the Override details are applicable
In Effective To field, specify the date till when Override details are applicable
Enter the required amount in the Tax Amount (Per Month) field