If one employee changes his jobs during a FY suppose in FY16-17. He was drawing a Gross Salary of 10 lac with employer A. He left employer A in the month of Sep'16 and Suppose his employer deducted tax of 250000 from his salary till that, where he showed investemen under differ section to avail benefits. Now He is getting Gross Salary of 15 Lac from Employer B. Now employer B have to deduct his tax before closed of FY 16-17. Now how the calculation will be done and how that employee can show his investment to new employer. Will the employee get benefits from OCt'16 onwards only. Pls. help on the querry.
REgards,
Ravinder
