Taxation-notice pay recovery

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... I resigned from the company and ₹ 2,00,000 was payable to me on account of salary and leave encashment.The company also deducted ₹ 50,000 as notice pay recovery.The company is deducting TD .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... S on rs. 2 lakhs and not reducing my income to ₹ 1..50 lakhs.Is the stand of the company correct? I will get ₹ 50,000 from current employer as agreed at the time of joining that any notic .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e pay deducted by the previous company shall be reimbursed by the current employer.Can I request the current employer to not to tax this 50,000 as it has already been taxed for the purpose of TDS. - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Reply By MARIAPPAN GOVINDARAJAN - The Reply = I hope that you would have got clarified in the above issue. If not please inform. - Taxation-notice pay recovery - Query Started By: - Lekh Sood Dat .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed:- 12-12-2014 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - ta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... xmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X