Legal Question in Tax Law in India

Income tax liability
My son was working with an organization as engineer he resigned and relieved during june 2007. Against notice period he has paid certain sum equal to one month pay to his employer. Susequently he joined other organisation and new employer paid the 50% amount of notice period amount, which was paid to the outgoing employer. His new employer added this amount to his wages.
Please clarify:
Whether taxable income is to be reduced by either of amount i.e. total notice period sum of half sum.
Previous enployer has not issue form 16 so far inspite of repeated requests to enable him to get calculated the IT liability from the present employer, what remedial action can be taken up and by what date he is liable for issuance of certificate under sec. 203.

Asked on 1/27/08, 11:17 am

Homi Maratha N.N. Maratha & Co.-Advocates

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Re: Income tax liability

You need to contact personally or give me a call.

Answered on 1/31/08, 8:26 am

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