Can you please tell in case employee joined during the FY then whose onus (Employee or Current Employer) is whether employee has recieved any salary from previous employer ?
03 June 2010
Ideally the employee should inform this to the new employer.so that the new employer can deduct TDS after taking care of the fact of earlier job and tax deducted by the previous employer. If the the new employer is not being informed about the previous salary then he will deduct TDS after taking account of standard deduction again.......which will result into less TDS deducted and deposited.
So when the employee will file the return he will account for both the salaries and need to deposit the difference in tax.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
03 June 2010
yup i agree with you basically responsibility of Employee. However our Internal Auditor insisting it is the laibility of comapny to take declaration fron new employee.
Can you support your judgement by case alw or circular?
03 June 2010
I dont have any case law in my knowledge but yes I know that companies ask for last salary drawn proofs to the employee.They also ask for such details from new employee.But as per me the liability remains with employee.
09 June 2010
I think its the responsibility of the employee to pay the correct tax on his income so he has to declare to the company because in case of default in paymnet of tax, only employee concerned will be penalised by the IT dept.
CAclubindia
