“If a person is moonlighting, which means being formally employed by more than one employer simultaneously, she is required to declare the income earned from all such sources. The person has to bear the tax liability on the total salary income,”
“Section 192 of the Act provides that an employee may furnish to his employer the details of salary earned from simultaneous employment with another employer for calculation of tax deducted at source (TDS),”.
“There is no escaping the obligation to declare such income or to discharge the corresponding tax liability. The taint of illegitimacy or impropriety associated with such income has no bearing on its taxability.”
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