Tax

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Sandeep (Querist)
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26 March 2009 Hiiiiiii

can anyone tell me if i a am working for 4 moth in my prevoius organization (Aug 08 to Nov 08) & now i m working in new organization from Dec 08 to till date ).i have given all investment proofs in my prevoius organization ,so can any one tell me whether new co. will deduct tax on my salary ,i have not submitted form-12B,Whether i need to give declaration .Please tell me the purpose of form-12B

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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26 March 2009 Employee has to file 12B before the new employer. It is upto the new employer to waive filing of 12B since the law does not contain such a provision.