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author's profile photo Former Member
Former Member

Previous employer tax detail

Dear All,

Whenever we maintained Previous employer tax detail (580) for an employee.

It fatches data from previous employer in form 16.

However my client does not want(previous employer tax detail) to reflect in present form16.

Let me know, what to do?

Regard

KKS


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    author's profile photo Former Member
    Former Member
    Posted on Jan 09, 2014 at 09:14 AM

    Hi,

    You may lock IT-580 record in month of March. i.e. You have to first process the payroll for March with previous employer income, note the tax calculated if any and then lock the IT-580 record. The tax calculated is to be added in custom wage type for additional tax or voluntary tax, this needs to be done to have correct tax for month of March.

    The locking of IT-580 record will resolve the issue of form 16.

    This is one of the suggestions.

    Regards

    Nilesh


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    • Former Member Former Member

      Hi Praneeth,

      I did that, however |then 580 is not taking for tax calculation.

      My Requirement is, 580 should be considered for tax calculation for tax benefits.

      However 580 should not display in FORM16 only.

      Regard

      KKS

  • Posted on Jan 08, 2014 at 12:43 PM

    Have you tried not maintaining the info in Tax Details IT 0580?


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