Assistance required in TDS calculation for the new employee in the middle of FY

[Jitender Sharma]

Dear Sir/ Madam,

I have one query regarding the the Tax exemption for the new employee joined on 15 th august 2013. I had calculated his total salary from previous employer and our company and gave deduction of 80 C,conveyance and HRA exemption for 6 months and also deducted rs. 3000/- from tax liability recovered by the previous employer. , but as per sahil he also received HRA exemption in his previous company and medical bill reimbursement. That's why his tax is only Rs. 1000/- per month in the salary of rs. 46620/- per month in the last company. So, how could we consider his HRA from previous company and medical bills which he had given in previous company in order to calculate the tax exemption now.

Salary for our company :

BASIC	31000.00
HRA	15500.00
MEDICAL	1250.00
CONVEYANCE	800.00
TPT ALLOWANCE	1600.00
SPECIAL ALLOWANCE	11850.00
TOTAL	62000.00

[Jitender Sharma]

Any body please help me its urgent

AI Summary

TDS calculation: include prior employer's claimed exemptions and reimbursements when computing current tax liability for a mid year joiner. TDS for a mid year joiner must be based on the employee's aggregated annual income and allowable deductions. The new employer should account for HRA exemption, medical reimbursement and Section 80C deductions already claimed under the previous employment by obtaining evidence or declaration, treating those concessions as reducing total taxable income for the year, and then computing residual tax to be deducted across remaining pay periods.