Form 16

Form 16 will be issued separately by both the employers respectively

Form 16 by X company will conatin salary details rergarding 8 months and by Y company regarding 4 months

Salary paid by previous employer is used to identify only the TDS to be deducted by the current employer

Yes, You can show Previous Employment Income as well as TDS Deducted by the Previous employer in your computation sheet / Form 16 to calculate corect tax liability.

Form 16 will be issued separately by both the employers

Form 16 by X employers: 8 months salary

Form 16 by Y employers: 4 months salary

No,

Y comp considered 4 mnths salary in gross salary calculation and deducted TDS even for 4 mnths only bcz previous employer has already deducted TDS on thier salary  ,,,,but in last column Y comp added income from previous employer and in total tax payable column it has shown tax payable Incuding Tax on income from previous employer

In note Y comp stated that ,we have considered income from previous salary of Rs..........on which TDS of Rs..........has been deducted by previous employer.

Is it the right procedure?

Y comp considered 4 mnths salary in gross salary calculation and deducted TDS even for 4 mnths only bcz previous employer has already deducted TDS on thier salary  ,,,,but in last column Y comp added income from previous employer and in total tax payable column it has shown tax payable Incuding Tax on income from previous employer

In note Y comp stated that ,we have considered income from previous salary of Rs..........on which TDS of Rs..........has been deducted by previous employer.

Is it the right procedure?