Calculation of income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 October 2013
The employee has joine in between the fiancial year and has declared the income from Prev. employer as nil.
1.Can the co. accept this as valid?
2.What is the Co's resposibilty while calculating the Income tax for the year?
1.Can the co. accept this as valid?
2.What is the Co's resposibilty while calculating the Income tax for the year?
CA Pallav Singhania
(Expert)
05 October 2013
The New co. will ask for the Salary Slip of the previous employer,
If the employee couldn't able to provide so then the new company will deduct TDS in accordance with its provisions..
If the employee couldn't able to provide so then the new company will deduct TDS in accordance with its provisions..
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