TDS on salary from more than one employer
This query is : Resolved
22 December 2008
One person has resigned from company A & joined company B in the month of June, 2008.
He is not ready to give information about his salary at company A for the month of April, 2008 & May, 2008, even he has worked here in these months.
On what basis the company B will deduct TDS?
Option 1:- Consider the salary given by B comapny only & deduct the TDS from June, 2008 onwards?
option 2:- assume a reasonable salary for the months of April & May , 2008 & add to his income & deduct TDS?
Please reply.........
He is not ready to give information about his salary at company A for the month of April, 2008 & May, 2008, even he has worked here in these months.
On what basis the company B will deduct TDS?
Option 1:- Consider the salary given by B comapny only & deduct the TDS from June, 2008 onwards?
option 2:- assume a reasonable salary for the months of April & May , 2008 & add to his income & deduct TDS?
Please reply.........
22 December 2008
If company B is not having any information the it should deduct the tax at source on salary amount paid by it only.
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