In last F.Y company paid to employee80,000 for reallocation which included food, hotel stay etc. Company deducted2000 TDS on it and net amt of 78,000 was paid. ITR has been filed
Now as per terms of contract since he left before completion of year They are asking him to refund the entire amount80,000(or it should be 78000 actually recieved in hand)
Please tell what amount to pay and what about claming tds refund ( he is now in another company)
Salary TDS refund
richa (ca student) (195 Points)
17 August 2011