Salary from more than one employer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 January 2014
Hi,
Please guide. Employees have joined in the company in mid of the year and some of them could not submit their previous company's salary income since they have not received the salary/income certificate from the previous employer. Is this mandatory for company to get the income details from employee for correctly deduction TDS?
Thanks,
Please guide. Employees have joined in the company in mid of the year and some of them could not submit their previous company's salary income since they have not received the salary/income certificate from the previous employer. Is this mandatory for company to get the income details from employee for correctly deduction TDS?
Thanks,
09 January 2014
Declaration by the previous employment income is option of the employee. employer need to ask for the declaration ,in case employee not declared, employer will not responsible. in case employee submit the details employer need to consider and calculate the total tds
Message likes :
1 times
09 January 2014
and please note that where you dont provide the details, it would result in short deduction on overall basis as often both employers work out the TDS providing for Rs 2 lakh exemption...So the exemption limit is counted twice. In such a case you would have to shell out the balance tax on your own.
Message likes :
1 times
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
- Reopen of assessment proceeding
- Is any professional CA is here please reply
- EPF FULL & FINAL RULES IN 2026
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Rental income gst and it purpose
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Putting a heading on received mail
- Section 50-fixed asset-->building ceases to exist
- Fixe term employment
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
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
