Dear Guru's
If Employee repay the salary to Employer for short Notice Period compensation,
How to calculate the Income tax workings for that Compensation amount.
Compensation will reflect in Form 16
Kindly advice me.
Thanks in advance
Kesavan (Executive Business Control) (59 Points)
21 September 2011Dear Guru's
If Employee repay the salary to Employer for short Notice Period compensation,
How to calculate the Income tax workings for that Compensation amount.
Compensation will reflect in Form 16
Kindly advice me.
Thanks in advance
Mihir
(Wealth Manager)
(5293 Points)
Replied 21 September 2011
Please modify (remove blue colour). Can't read.
Thanks
Kesavan
(Executive Business Control)
(59 Points)
Replied 21 September 2011
CA Lovenish Bansal
(JOB)
(343 Points)
Replied 21 September 2011
It will be salary in lieu of profit all will be taxable and part of salary and taxable accordingly
Regd
Lovenish Bansal