Hi
I have a query regarding the TDS deduction of employee. Actually he is a new joinee in our organisation & has started working with us from Jan '13. He has provided the form 16 of previous employer in which it shows clearly that he has not got HRA exemptions from his previous employer. Can he claim his exemptions for HRA for 12 months from our organisation?
Regards
Vidya
From India, New Delhi
I have a query regarding the TDS deduction of employee. Actually he is a new joinee in our organisation & has started working with us from Jan '13. He has provided the form 16 of previous employer in which it shows clearly that he has not got HRA exemptions from his previous employer. Can he claim his exemptions for HRA for 12 months from our organisation?
Regards
Vidya
From India, New Delhi
Dear Vidya ji,
The employee has joined you in January 2013. In the FY 2012-13 he has worked with his previous employer from April 2012 to December 2012 i.e. nine months. He has earned salary for those nine months from his previous employer. For those nine months earnings, the treatment of IT exemption under section 10 has to be given by the previous employer on the basis of declaration filed by the employee with him (the previous employer).
You will give the treatment of IT exemption under section 10 only for those earning of him with you on the basis of his declaration.
This is my view.
From India, Mumbai
The employee has joined you in January 2013. In the FY 2012-13 he has worked with his previous employer from April 2012 to December 2012 i.e. nine months. He has earned salary for those nine months from his previous employer. For those nine months earnings, the treatment of IT exemption under section 10 has to be given by the previous employer on the basis of declaration filed by the employee with him (the previous employer).
You will give the treatment of IT exemption under section 10 only for those earning of him with you on the basis of his declaration.
This is my view.
From India, Mumbai
As the employee has joined you in January 2013. In the FY 2012-13 he has worked with his previous employer from April 2012 to December 2012 . Income earned by the employee is add by you there are no any bifurcation as per filed by 12B by the employee you have to consider at the end employee should provide a certified information from his previous employer.
you can not give any exemption for HRA.
From India, New Delhi
you can not give any exemption for HRA.
From India, New Delhi
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