Clarification on Form 9
This query is : Resolved
16 July 2008
Sir,
One of the members here have raised the following query:
Situation:
If a member changes employment during the financial year, the first employer issue Form 9,(instead of Form 16) and have the income consolidated with the current employer. In effect, he would be given one form 16 disclosing the total Annual Income, instead of two Form 16s
Doubt:
1. Can this be done
2. How will this be reflected in the quarterly return.
3. Does this require any additional declaration other than in Form 12B from the employee.
Thanks & Regards,
Ravikumar A.H
One of the members here have raised the following query:
Situation:
If a member changes employment during the financial year, the first employer issue Form 9,(instead of Form 16) and have the income consolidated with the current employer. In effect, he would be given one form 16 disclosing the total Annual Income, instead of two Form 16s
Doubt:
1. Can this be done
2. How will this be reflected in the quarterly return.
3. Does this require any additional declaration other than in Form 12B from the employee.
Thanks & Regards,
Ravikumar A.H
08 August 2008
Yes it can be done.
If the employee resigns in any quarter, it can be reflected in both the etds return file by the employers.
No, 12B is enough.
If the employee resigns in any quarter, it can be reflected in both the etds return file by the employers.
No, 12B is enough.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Sec 44ada applicable only or both
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- RELATED TO TRIBUNAL APPEAL
- Portuguese Civil Code IT Return
- LIC maturity claim whether taxable
- HOUSING LOAN ISSUE
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
