If the company deducts recovery amount from the salary. Will employees need to pay tax on the amount or that is adjusted in form 16 by the employer?
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177818 Points)
Replied 15 June 2024
Tax on salary amount reduced for the damage is also required to be paid.
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