Form 16A
This query is : Resolved
13 July 2011
Here is an assessee X. He worked in a company for three quarters & in the last quarter he worked in another company. Now while deducting his tax, both the companies provided the assessee with the exemption limits of rs. 1,60,000 and rs. 1,00,000 deduction u/s 80C.
Now please tell me what should be done and what should not be done.?
Now please tell me what should be done and what should not be done.?
13 July 2011
Assessee need to consolidated the both company salary income and allow the deductions and exemption in one time and re calculate the tax and pay the self assessment tax
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