Negative income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 April 2013
my total income for the FY 2012-13 is approx 3,50,000 completely from salary. during month of Aug 2012, I resigned from the service of my former employer i.e. a PSU and as per terms of employment, I had deposited 1.50,000/- as bond amount. My query is that whether I can claim this amount as a negative income as a loss in salary for purpose of calculating total taxable income. whether any provision is available under the law.
09 April 2013
no you can't claim this amount as deduction from salary
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