Notice period pay

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..... If employer recovers notice period pay whether it should be deducted from Salary for Income tax purpose, pl let me know with supportings case laws/circulars thanks Mukund M Honkan - Reply By Ganeshan .....

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..... Kalyani - The Reply = Sir, when an employee resigns, his Full and Final Settlement includes various elements of amount to be paid by company to employee. If the employee is not serving the agreed n .....

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..... otice period then the employee is supposed to pay to the company the salary of those uncompleted number of months of notice period. Here the company while settling F F deducts the notice pay recovery .....

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..... amount and the income goes down by that amount. This also gets reflected in Form 16. Thus the benefit is received by the employee for the payment made toward notice pay recovery. This is my view. Than .....

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..... ks - Notice period pay - Query Started By: - Mukund Honkan Dated:- 17-8-2016 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion .....

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..... Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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