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Nil return

This query is : Resolved 
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(Querist)
18 July 2009 Dear sir,
If an assessee earns a salary form two difference companies say Rs. 10,000 each. The two employer also not deducting the tax at source since the assessee is below the basic exemption limit. However, Assessee earns Rs. 20,000 per month and he also not disclosing this information to any employer. He files the return every year as nil return.
1. whether he is lible to tax?
2. if yes, what are the consequences faced by the assessee and employer?
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CA. Gurdeep Singh Chawla

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CA. Gurdeep Singh Chawla (Expert)
18 July 2009 yes he liable to tax & return.
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
18 July 2009 1. yes he is liable to pay tax as he is earning more than the exemped limit.

2. No consequence to the employer as employee has not provided the information about the another employment income.

For Assessee, there will be only trouble in the future if his case is considered for scrutiny and it is proved.

Please pay the taxes as per the income.
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CA Suresh Choudhary

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CA Suresh Choudhary (Expert)
18 July 2009 AGREE WITH EXPERTS
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