Work for Two employers

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 July 2010 I worked for Employer A for the period of April 2009 to Sept 2009 and Employer B for the period of Nov 2009 to March 2010. While joining the Employer B it was agreed by that I shall get take home salary and the income tax will be borne by Employer B. My query is while computing the tax for entire (consolidated) financial year, whether Employer B should consider the income from Employer A and pay the income tax? Please, advice whether any Income tax rule or Income tax clause is there which supports this ?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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28 July 2010 you need to consolidate both employers and need to calculate the tax and file the return, employer A need to consider. Applicable rebate can be avalied one time

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sachin alwadhi

sachin alwadhi (Expert)
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28 July 2010 AGREE

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Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2010

VINOD ARORA

VINOD ARORA (Expert)
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02 August 2010 Sub- section (2) of section 192 deals with situations where an individual is working under more than one employer or has
changed from one employer to another. It provides for deduction of tax at source by such employer (as the tax payer may choose)
from the aggregate salary of the employee who is or has been in receipt of salary from more than one employer. The employee is now required to furnish to the present/chosen employer details
of the income under the head "Salaries" due or received from the
former/other employer and also tax deducted at source there from,
in writing and duly verified by him and by the former/other employer. The present/ chosen employer will be required to deduct
tax at source on the aggregate amount of salary (including salary received from the former or other employer).