In case where the present employer did not include salary paid by the previous employer u/s 192(2), because previous employer did not provide the details of disbursement, issue arose whether such present employer is liable for penal interest. It was held by HC that the liability of the present employer is limited only to the extent of details furnished by the employee with reference to his previous employment. In other words the present employer’s obligation of TDS will be restricted to the disbursements made by himself and also on the income earned in a previous employment if such details are furnished to him by the employee.
Reference section 192/income-tax act [2007] 165 taxman 467 (Delhi) High Court of Delhi Commissioner of Income-tax XVI* (DELHI).htm> v. Marubeni India (P.) Ltd. Madan B. Lokur and S. Muralidhar, JJ. IT Appeal Nos. 263 and 264 of 2007 August 21, 2007
