Dear All,
I have a requirement as below. Please suggest.
I need to store the Previous Employment Tax details as per the below heads if employee has joined mid of the financial year.
| Previous Details | Current Details | |
| Gross | XXXX | YYYY |
| Sec 80 C | XXXX | YYYY |
| Sec 80 D | XXXX | YYYY |
| Sec 80 DDB | XXXX | YYYY |
| Sec 80 E | XXXX | YYYY |
| Housing Loan | XXXX | YYYY |
| Medical Exm | XXXX | YYYY |
| TDS Paid | XXXX | YYYY |
After which when calculating the Tax for the whole financial year, i need to consider all the above components with their maximum Limits and calculate the TAX and deduct the same. But these Previous Employment Tax details should not reflect in FORM 16 anywhere.
Suppose if employee has claimed 5000/- in previous company and trying to claim 11000/- for medical, i need to give exemption for 10000/- as the limit is 15000/- only, and the remaining 1000/- has to be taxed.
Please suggest.
Kind Regards
Nagesh