TaxTMI 
TaxTMI 
Deduction of Income Tax for reimbursement of Notice Period
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....eduction of Income Tax for reimbursement of Notice Period<br> Query (Issue) Started By: - Pradeep Jain Dated:- 8-1-2013 Last Reply Date:- 10-1-2013 Income Tax<br>Got 1 Reply<br>Income Tax<br>Querry is....
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.... that - Is present employer is liable to deduct TDS on reimbursement the amount of notice period to new employee ?. We seek your valuable legal advise, Thank in advance. Pradeep Jain Reply By man....
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....oj kumar: The Reply: As per section 192,tax is deductible on any amount which is paid by employer to employee by reason of employment. As Notice Period amount is paid by reason of employment,So Tax ....
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....at source is deductible from payment to new employee.<br> Discussion Forum - Knowledge Sharing ....