TDS by previous employer and Form no, 16

This query is : Resolved

AMIT (Querist)
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12 May 2008 Fact is:

Total Income from salary : Rs. 701304

From Previous employer : Rs. 687262
From Current Employer : Rs. 14042

Tax deducted by previous employer : Rs 125293
Tax deducted by Current employer : Rs. 29,000

In TDS certificate at Sl No 18 (a) Tax deductedat source u/s 192(10 we are writing Rs 154293
But the details of Tax deducted and credited to Central govt. statement will show only details for Rs 29000 ie tax deducted and deposited by current employer.

Now the problem is:
1. It seems that Rs 154293 has been deducted whereas only Rs 29000 has been
deposited.
2. If the current employer shows only Rs 29000 at sl No. 18(a), it seems that current employer has deducted less tax

Also the format does not provide any space to show Tax deducted by previous employer.

How to proceed in this case?

CA. Yayati Tyagi

CA. Yayati Tyagi (Expert)
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15 May 2008 In my opinion, best way is to mention rs. 154293 at sl. no. 18(a) and in tax payment section first you write clearly "tax deducted and deposited by previous employer" with amount "125293"(no need to give detail of all payments by ex-employer as they will be in tds certificate issued by ex-employer), after that give challn-wise detail of rs. 29000.

with i.t. return you have to attach both certificates, so will not be any problem.

jegannath G

jegannath G (Expert)
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25 June 2008 you can show the tax of Rs 154293 as tax deducted / deposited by the previous employer

the employee should file both the forms for filing his own return