RE:Free assistance to Salaried Individuals By CA
by Ramachandran venkatesh on Jul 20, 2008 06:29 PM Permalink
I changed jobs in this financial year. I have form 16 given by both employers. Will my total tax be the addition of tax paid by each company or will I have to calculate the tax afresh by adding the gross taxable income from both companies
RE:Free assistance to Salaried Individuals By CA
by Philip Malayil on Jul 20, 2008 10:38 PM Permalink
Same story here...you have to calculate afresh; since tax is on cumulative income. I thought like you; but now realize i have quite a tax burden...on adding the incomes.
