Can company want ITR document of previous organization during background check?
From India, New Delhi
From India, New Delhi
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Hi
It depends. If you are joining in the middle of financial year Payroll /Accounts team will ask for computation of previous employment along with your investment projection to determine your monthly IT deduction.
From India, Madras
742It depends. If you are joining in the middle of financial year Payroll /Accounts team will ask for computation of previous employment along with your investment projection to determine your monthly IT deduction.
From India, Madras
My last company salary was below 2.5 LPA. So my company didn’t fill up from 16. In that case what should I tell to my new HR?
From India, New Delhi
From India, New Delhi
Hi, If form16 not available they will ask for computation of total income for that financial year.
From India, Madras
From India, Madras
How I will submit computation of total income for that financial year. I mean by which document? If my parents or friend give me some money, should I consider it in total income?
From India, New Delhi
From India, New Delhi
Hi,
Computation of total income you can get it from your past employer. It is nothing but a statement showing all your earnings/allowances earned, investment proof declared and Income tax deducted. What you received from your Parents /Friends will not form part of total earnings as for as new employer is concerned.. However if you had received high value money through Parents or known circle through Bank transaction then at the time of filing you need to calculate that pay additional income tax apart from employer paid.
From India, Madras
Computation of total income you can get it from your past employer. It is nothing but a statement showing all your earnings/allowances earned, investment proof declared and Income tax deducted. What you received from your Parents /Friends will not form part of total earnings as for as new employer is concerned.. However if you had received high value money through Parents or known circle through Bank transaction then at the time of filing you need to calculate that pay additional income tax apart from employer paid.
From India, Madras
The question is not really clear what do you mean ITR of previous company? Are you talking of your ITR? Or the company you used to work for?
From India, Mumbai
From India, Mumbai
No Need of giving your income tax document ., It is your private Document. and no Back ground verification can be done through ITR because it can create and file based on our requirements i.e., Loan purpose, tax purpose and other purposes. Besides we can also change the Income by revising the return.
So it is not useful for the Background verification
#varma5274#
So it is not useful for the Background verification
#varma5274#
Hi,
It can help companies verify that the information the candidate has provided regarding his or her previous compensation is true since it clearly contains every salary transaction, including tax deductions. Therefore, with Form 16 verification, you can fairly determine their new salaries and incentives for when they do start working for your company.
Zain
https://bit.ly/3dV6ujK
From India, Surat
It can help companies verify that the information the candidate has provided regarding his or her previous compensation is true since it clearly contains every salary transaction, including tax deductions. Therefore, with Form 16 verification, you can fairly determine their new salaries and incentives for when they do start working for your company.
Zain
https://bit.ly/3dV6ujK
From India, Surat
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