Taxation-notice pay recovery

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....axation-notice pay recovery<br> Query (Issue) Started By: - Lekh Sood Dated:- 12-12-2014 Last Reply Date:- 16-1-2016 Income Tax<br>Got 1 Reply<br>Income Tax<br>I resigned from the company and &#8377; ....

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....2,00,000 was payable to me on account of salary and leave encashment.The company also deducted &#8377; 50,000 as notice pay recovery.The company is deducting TDS on rs. 2 lakhs and not reducing my inc....

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....ome to &#8377; 1..50 lakhs.Is the stand of the company correct? I will get &#8377; 50,000 from current employer as agreed at the time of joining that any notice pay deducted by the previous company s....

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....hall 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. Reply By MARIAPPAN GOVINDARAJAN: The Reply....

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....: I hope that you would have got clarified in the above issue. If not please inform.<br> Discussion Forum - Knowledge Sharing ....