Income tax

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

18 January 2014 MR X WAS WORKING IN Y LTD. HE HAD HIS ANNUAL SALARY Rs.1500000. ALL OF THE SUDDEN HE LEFT THE COMPANY AND THE COMPANY DEDUCTED HIS NOTICE PAY OF Rs.100000.CAN HE CLAIM THIS AMOUNT IN HIS SALARY EARNED FROM A NEW COMPANY.

@VaibhavJ

@VaibhavJ (Expert)
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20 January 2014 Hi

No, you can not claim benefit of such deduction.

Thx

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

22 January 2014 IF IN THE ABOVE CASE IF THE NEW EMPLOYER REIMBURSES THE NOTICE PAY OF Rs 100000 TO MR X.NOW WHETHER MR X CAN CLAIM THIS NOTICE PAY AMOUNT FROM HIS SALARY.

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