Ramakant (name changed) switched his job during the year.
He served his earlier employer for nine months and his current employer for three months.
His earlier employer deducted TDS, but his current employer didn't. His new employer says that he hasn't deducted TDS as his salary wasn't taxable. How is it possible, as his current salary is more than twice the earlier one?
In any case, Ramakant has applied for a loan, and he needs form 16 from both the employers. His new employer has denied issuing form 16 as his salary is not taxable. How can he ask his new employer to release form 16?
Aug. 09, 2018