My Form 16 (previous organization) states Tax deduction is Rs. 6619. I joined a new company on 27th May 2019.
The Full and Final document (previous organization) states Standard Deduction is Rs. 50,000 and Deduction from Income - section 80 C is Rs. 10, 581.
I have reached out several times to my previous employer Exit HR. However, they are not giving a clear response.
Can someone please explain if this is okay or if there is actually an issue with the Form 16 and it needs to reflect the Full and Final settlement deductions in it?
Please help!
From India, Bengaluru
The Full and Final document (previous organization) states Standard Deduction is Rs. 50,000 and Deduction from Income - section 80 C is Rs. 10, 581.
I have reached out several times to my previous employer Exit HR. However, they are not giving a clear response.
Can someone please explain if this is okay or if there is actually an issue with the Form 16 and it needs to reflect the Full and Final settlement deductions in it?
Please help!
From India, Bengaluru
729This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.
Add the url of this thread if you want to cite this discussion.
#Subject List: full and final settlement tax deduction new company final settlement Country-India City-India-Bengaluru
FULL & FINAL SETTLMENT FORM.xls
FULL & FINAL SETTLEMENT FORM.doc
