Tds

This query is : Resolved 

21 October 2015 Is TDS required to be deducted from reimbursement of notice pay to an employee?

21 October 2015 No..but I didn't understand notice pay reimbursement...??

22 October 2015 Yes. TDS required to be deducted from reimbursement of Notice Pay by the company.

Notice pay reimbursement is a case when new company makes reimbursement of amount paid by the newly recruited employee to his past employer towards notice pay i.e., for resignation on shorter notice.

Hope its clear.




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