FORM 16

vidhya (Article Assistant) (70 Points)

06 May 2011  

IF AN EMPLOYEE HAS SHIFTED TWO EMPLOYERS, AND THE FIRST ONE HAS NOT DEDUCTED TDS AFTER EXHAUSTING THE BASIC EXEMPTION, HOW SHOULD THE FORM 16 OF SUBSEQUENT EMPLOYER BE (MEANING CAN THE TAX PAYABLE ALONE CAN BE COMPUTED WITHOUT CONSIDERING THE BASIC EXEMPTION. E.G TAXABLE INCOME 200000, TAX PAYABLE-20600).KINDLY CONFIRM AT THE EARLIEST. URGENT