Refund

This query is : Resolved

Nimitha Kundanam (Querist)
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12 July 2014 Good Afternoon Sir,
My client has received excess salary from employer(due to wrong calculations by the employer) from 4 years on which my client is paying tax. Now, the employer has recovered the excess amount so paid.

Now, can the client receive the excess (tax paid based on the wrong excess calculations) from the Income tax Department. If so, under which section? And for how many years can he recover refund of tax?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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14 July 2014 The recovery of excess salary be reduced from the current year salary and for the balance only tax paid for the current year.

Nimitha Kundanam

Nimitha Kundanam (Querist)
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14 July 2014 Thank you for the reply sir.
Should we compute the recovered amount as per 89(1) ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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14 July 2014 The recovered amount need not be computed as per 89(1).

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