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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