For the first four months of the year, i have worked with differnt employer, from august onwards I m working with different employer. If i look at the individual income recived from different employers then I am not liable to pay tax considering various allowances etc, however on the other hand if I club the income received from both the employers then the total tax payable is more than Rs. 10K. As of now i have not disclosed my previous employement details to my current employer so they are not deducting any tax, but somone told me that in that case at the end of the year when i will file the return i will be liable to pay tax along with interest U/s 234.
Please let me know whether I am liable to pay taxalong with interest in this case?
CAclubindia
