Hey Friends...

Thanks for all the input..

Is it ok if I show the income of previous company & in declaration i will
mentioned the tax amount which is deducted by my Company.

Please suggest.

Thanks & Regards,
Kiran Takke.

On Fri, Jun 19, 2009 at 2:20 PM, Cyrus <[email protected]> wrote:

>
> You are supposed to consolidate and work out the tax for the entire
> year. BUT You are supposed to issue a Form 16 only for your company.
> The Form 16 is a certificate of tax deducted by the employer ... you
> have no right to certify on behalf of another company.Your Form 16
> will only show tax paid for the period that the employee was with you.
>
> The employee will be required to consolidate his 2 form 16 ( one from
> the previous company and one from your company) while filing his
> return
>
> Cyrus
>
>
>
> On Jun 18, 3:08 am, Kiran Takke <[email protected]> wrote:
> > Hi Friends..
> >
> > Could anyone please advise me on below..
> >
> > If an employee joining in middle of the year................submitting
> > salary proof from his earlier employer..............
> >
> > Accordingly we will deduct the tax for the entire year.............as per
> > Income tax slab etc.
> >
> > Does it means we are supposed to issue certificate (Form 16) for entire
> year
> > (income from previous employer + current employer)
> >
> > & if yes..................
> >
> > then please provide me the format of the same ....& also let me know how
> the
> > details...how to present it in form 16 annexure.
> >
> > Thanks & Regards,
> > Kiran Takke.
> >
>

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