Taxpayers Corner QnA - Page No 242

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CA Rajesh S

26 June 2008 at 16:37

BSR Codes for banks in Bangalore

Can someone please give me a list of BSR codes for banks in Bangalore

sukumar iyer

25 June 2008 at 17:58

income tax

We are a EOU unit.
How to calculate MAT?

shubham

20 May 2008 at 13:04

What to do if contractor does not have perminent Account No.

Dear sir,
In want to know that if we deduct TDS of the person which is our obligation and deposit to the govt. Account for the person who don't have perminent account No.
Is we dont deduct TDS? What to Do Reply as early as possible.
Thanks Waiting for your reply

AMIT

12 May 2008 at 12:42

TDS by previous employer and Form no, 16

Fact is:

Total Income from salary : Rs. 701304

From Previous employer : Rs. 687262
From Current Employer : Rs. 14042

Tax deducted by previous employer : Rs 125293
Tax deducted by Current employer : Rs. 29,000

In TDS certificate at Sl No 18 (a) Tax deductedat source u/s 192(10 we are writing Rs 154293
But the details of Tax deducted and credited to Central govt. statement will show only details for Rs 29000 ie tax deducted and deposited by current employer.

Now the problem is:
1. It seems that Rs 154293 has been deducted whereas only Rs 29000 has been
deposited.
2. If the current employer shows only Rs 29000 at sl No. 18(a), it seems that current employer has deducted less tax

Also the format does not provide any space to show Tax deducted by previous employer.

How to proceed in this case?