Ankit Satia (Service - Manager in Internal Audit Dept) (235 Points)
14 December 2010A person is working with 3 Employers on diffrent arrengements:
Employer 1 - Working Hours Morning 7.00 to 10.00 only - Income Rs. 10000 p.m.
Employer 2 - 3 Days in Week (Full Day ) M W F - Income Rs. 15000 p.m.
Employer 3 - 3 Days in Week (Full Day) T T S - Income Rs. 12000 p.m.
Whether a person can receive salary from more than one employer? What is the position under Income Tax Act based on any decided case law?
CA Manikandan.A.V
(FINANCE & ACCOUNTS)
(789 Points)
Replied 14 December 2010
There is no prohibition for a person not to work in more than one establishment. The total income of such person should include salary received from all the three employers. Such person has to choose the employer from whom he liked to get Form 16. He has to submit Form 12 B received from other two employers to this employer.
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