Saturday, February 19, 2011

Managing Previous Employer Taxable Salary in Webpay

Managing Previous Employer Taxable Salary in Webpay

You can enter the previous employer net taxable salary, PT deducted with previous employer, Chap. VIA investments declared with previous employer under 80C (including previous employer PF) and interest paid on hosuing loan declared with previous employer in Webpay.

In Tax calculation in Webpay the Net Taxable salary of previous employer is added and Chap. VIA, PT deducted by previous employer and interest paid on housing loan is also considered. When you generate TDS estimation slip then previous employer details will be shown but these details will not be shown under Form 16.

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