14 January 2018
Dear All One of our employee left in 2010 in VRS. In 2012 company paid increment effective 2010 with arrear to all employees.
The left employee filed a case that he should also be paid arrear. Now the case is settled amicably by both the parties out if the court. A lumpsum amount is paid to that employee and he withdrew the case from court. In which salary head we should book this exp. If Tax is deducted by giving him slab benefit, is it okay.?
CAclubindia
