If individual has declared the investments with current and previous employer and forgot to share your old salary details with the new employer. What can be done?

Ask the Community Income Tax
1

If individual has declared the investments with current and previous employer and forgot to share your old salary details with the new employer. What can be done?

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The old salary details need to be reported at the time of filing of tax return in such a case. Also, any additional tax liability that may arise due to lower deduction of TDS on account of double counting of deductions and double slab rate benefits need to be paid as self-assessment tax along with applicable late payment interest (if any) by the individual before filing of tax return.

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