21 April 2011
Dear All, One of our employee has joined our organisation in Dec.10 & we have deducted tax after considering his salary income of Rs.1 Lakh from previous employer. In 24Q Anx-II, should I show Gross total income of that employee including income from previous employer or only the income from our organisation. One thing, I have to say that If I show only income from current employer, then there will be TAX REFUND. beacuse his income is Rs.1LAc from current employer as well as from previous employer. Pls. advice.
22 April 2011
yes. this is normal pratice only. while consolidating the employees salary for the year(Pre employer+current employer) the tax will get adjusted