TDS related

No tax liablity arise against the employee however same is reimbursed by new employer the it is taxable in the hand of employee as a part of salary

but what would be the treatment in the hands of company

Dear are you paid professional fee or salary?

If you are pay professional fee you are deduct tds u/s 94J

and you are pay salary for contarct employee and you are make a full and final sttlement on behalf of company and consider Notice period or Bond amount paid to company

and make a tax liablity on employee as on 23.11.2010 with consider Investment and hra slip

Suppose tax liability of Rs.10000 you are deduct TDS u/s 92B

Regards

Rahul