RetrorespectiveActivation of Multiple Form 16 in mid- of the financial year

Hi All,
We have mainatined TAN as per the company Code in feature 40ECC. Now we want to have multiple Form 16 if there is change in company Code of an employee for the financial year 2009.
We have not activated Multiple Form 16 Switch so far. Now in the last month of financial Year 2009 that in March'2010 (period 12/2009) we want to activate Multiple Form 16 switch from 01.04.2009. After activation Multiple form 16 Switch, we are planning to trigger retro for all employees from 01.04.2009.
But we are not very much sure what will be the impact of activating Multiple Form 16 switch now in the last period of the financial year.
Required your valuable inputs on this.
Thanks,
Ravinder

Hi,
Check whether multiple Form 16 switch is active or not.
In case this is active, then the Form 16 will be generated as under:
Company A - showing earnings from 01.04.08 to 31.12.08 only
Company B - showing earnings from 01.01.09 to 31.03.09 as current earnings and from 01.04.08 to 31.12.08 as income from previous employment.
In case multiple Form 16 is not active, then the Form 16 that you are getting is correct. However, in this case you need not print the Form 16 of company A. Only the Form 16 from the company code where the employee belongs to as on 31.03.2009 (i.e. last day of the FY) will be printed. And in this case the Form 16 will include complete earnings from 01.04.2008 to 31.03.2009 as current earnings.
Hope this clarifies your query.
VK

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