07 February 2013
mr a working in co A gets salary of Rs 75000 for all 5 months and he joins co B for remaining 7 months for a salary of Rs 20000 per month. then is it obligation for Co B to make tds considering the salary of the previous co ie Rs 75000 + 140000 where total salary crosses Rs 2 lacs or Co B should consider the salary payable by it and no TDS shall be made on Rs 140000 as its less than the slab