Post
by gill_b_s » Tue May 04, 2004 10:05 am
Hi all,
I have a query regarding the proof of past earnings.
I can submit a letter from employer mentioning the CTC(cost to company) for the previous year. That can serve as proof no. 1.
For the second proof i could have submitted the payslips, but the payslips do not exhibit my actual earnings.
The story behind:
to save tax, the company offers the employees and option to lease a car. the amount of lease gets deducted from the employee salary and is given to the person renting the car.
in my case it happens to be my mother.
since, my salary has been reduced this way, the amount of taxable salay that goes into the highest % tax slab is reduced considerably, thus saving me some tax.
Now the payslip that i get shows my (total salary minus the car rental amount)
e.g.
total sal : Rs 32500 pm
car rental : Rs 16500 pm
gross salary as in payslip : Rs 16000.
Now if i get a certificate explaining this (from the employer), can i use it in conjunction with the payslips to prove my earnings.
Secondly, please explain what should be the contents of "letter from accountant". what should be the certificate about, can i get a specimen copy.
can someone also post a copy of the cover letter, probably a draft without ne personal info.
lookin forward to all ur responses
cheers
b.s.gill