Joining Bonus
Received 1 lac as joining bonus and in offer letter it was written that need to return full amt if i leave the company within 2 yrs. After serving 15 monts I decided to leave, company is asking to refund 1 lac. My company has given this amt in sept '07 but in sept '08 pay slip it reflects and after that they have decucted the tax but no TDS issued. Do I need to return the full amt or (1 lac minus income tax)? Is my company take any legal action against me?
1 Answer from Attorneys
Re: Joining Bonus
If you have signed contract or the joining letter it is supposed to be reviewed in lien to your query.
The company can take a legal action in connection to the documents and agreements which you have signed at the time of joining the job.
Please contact personally alongwith the details.
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