Dual employment.
This query is : Resolved
07 July 2008
A company was closed mid year.
An employee who was working in that company changes his job to another company. The liquidated/closed company refused to issue form 16.
Can the employee files his ITR - 1 with only one form 16(from the second company)?
Non attachment of form 16 from the previous employer might lead to rejection of the return for lack of proper attachment.What should the employee do?
How should he file his return?
An employee who was working in that company changes his job to another company. The liquidated/closed company refused to issue form 16.
Can the employee files his ITR - 1 with only one form 16(from the second company)?
Non attachment of form 16 from the previous employer might lead to rejection of the return for lack of proper attachment.What should the employee do?
How should he file his return?
12 July 2008
urgent. please reply!!!!!!!
14 July 2008
could someone answer this asap
14 July 2008
Note that Form 16 is no more required to be attached with the Return of Income. However, certain particulars of salary earned and TDS are to be furnished in the Return of Income. Form 16 is required in case Tax has been deducted on the salary paid.It seems that the previous employer has not deducted any tax(TDS) on the salaries due to you u/s 192 of the Act. If it is so, then you can simply disclose the salary amount received from the first employer to the second employer who may consider it in the Form 16 to be issued to you. Otherwise, in a case, tax has been deducted from the first employer then you will have to obtain Form 16 from the first employer also for the purpose of furnishing the particulars of tDS in ur IT Return.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Gst Sales of FY 2023-24
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Offsetting interest income against derivative trading losses
- Application of 115BAC
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
