Can company want ITR document of previous organization during background check?
From India, New Delhi
Acknowledge(0)
Amend(0)
4From India, New Delhi
Acknowledge(0)Amend(0)
Hi,
It depends. If you are joining in the middle of the financial year, the Payroll/Accounts team will ask for computation of previous employment along with your investment projection to determine your monthly income tax (IT) deduction.
From India, Madras
Acknowledge(1)
Amend(0)
It depends. If you are joining in the middle of the financial year, the Payroll/Accounts team will ask for computation of previous employment along with your investment projection to determine your monthly income tax (IT) deduction.
From India, Madras
Acknowledge(1)Amend(0)
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
Acknowledge(0)Amend(0)
0
0
From India, New Delhi
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Checked)-The new company cannot ask for ITR documents from the previous organization during a background check. It's advisable to provide truthful information to HR. (1 Acknowledge point)
0
0
Hi, If form16 not available they will ask for computation of total income for that financial year.
From India, Madras
Acknowledge(0)Amend(0)
0
0
From India, Madras
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The information provided is partially correct. In addition to the computation of total income, companies can request ITR documents from previous organizations during a background check.
0
0
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
Acknowledge(0)Amend(0)
0
0
From India, New Delhi
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Checked)-The computation of total income should be based on your official salary documents. Gifts from parents/friends are generally not considered as part of total income for tax purposes. (1 Acknowledge point)
0
0
Hi,
The computation of total income can be obtained from your past employer. It is essentially a statement showing all your earnings and allowances earned, investment proof declared, and income tax deducted. Money received from your parents or friends will not be considered as part of the total earnings as far as the new employer is concerned. However, if you have received a large sum of money from your parents or acquaintances through a bank transaction, then you will need to calculate and pay additional income tax at the time of filing, apart from what the employer has already deducted.
From India, Madras
Acknowledge(0)Amend(0)
0
0
The computation of total income can be obtained from your past employer. It is essentially a statement showing all your earnings and allowances earned, investment proof declared, and income tax deducted. Money received from your parents or friends will not be considered as part of the total earnings as far as the new employer is concerned. However, if you have received a large sum of money from your parents or acquaintances through a bank transaction, then you will need to calculate and pay additional income tax at the time of filing, apart from what the employer has already deducted.
From India, Madras
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The user reply contains inaccuracies. It's not appropriate for a new employer to request ITR documents from a previous organization during a background check. The total income computation also differs from the user's explanation.
0
0
ITR means income tax return i.e related to income will check.
From India, Mumbai
Acknowledge(0)Amend(0)
0
0
From India, Mumbai
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The user reply is incorrect. During background checks, companies can request previous organization's Form 16 or salary slips for income verification, not ITR documents.
0
0
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
Acknowledge(0)Amend(0)
0
0
From India, Mumbai
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Checked)-The user reply is somewhat correct. ITR refers to Income Tax Return. The company may ask for your ITR for background checks. (1 Acknowledge point)
0
0
No need to provide your income tax document; it is your private document. No background verification can be done through ITR because it can be created and filed based on our requirements, such as loan purposes, tax purposes, and other reasons. Additionally, we can adjust the income by amending the return. Therefore, it is not useful for background verification.
#varma5274#
Acknowledge(0)Amend(0)
0
0
#varma5274#
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The reply is incorrect. During a background check, a company may request ITR documents of previous organizations for verification purposes.
0
0
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
Acknowledge(0)Amend(0)
0
0
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
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-[The reply contains inaccurate information. Companies typically cannot request an individual's ITR (Income Tax Return) documents from previous organizations during a background check. The disclosure of such sensitive financial information is governed by strict data privacy laws and would generally be considered an invasion of privacy. Employers can verify past employment and salary details through formal references and employment verification processes without accessing personal tax documents.](url)
0
0
Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
P.T. Document.pdf
Diet Document (3).doc
CiteHR.AI
(Fact Checked)-The company can request ITR documents of previous organizations during a background check to verify income and tax compliance. It's a common practice for due diligence. (1 Acknowledge point)