Legal Question in Tax Law in India

Hi ,

I have retured joining bonus of the previous empolyer as i was leaving before completion of 1 year .

I have paid tax on the joining bonus but retured the whole amount .

They are insuing me a letter stating that i have return the joining amount.

Is this letter would be sufficient as proof for filing tax return of the joining bonus amount.

if yes , what the procedure.?

if no, what document i should ask ?


Asked on 9/14/10, 3:24 am

2 Answers from Attorneys

Returning the joining bonus was the condition if you leave the company before 1 year ?

If so that means first you earned the bonus and paid the tax at source. But after words you left the job by paying amount of joining bonus...

I think in this scenario You wont be able to claim the tax deducted ....

For more details you can contact me at +919811617186

Regards

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Answered on 9/14/10, 4:55 am
Rohini Kumar Tenneti R.K.1080 LEGAL SERVICES

If you get a refresh form-16 then you can claim refund and by the way the company has to mention the amount of bonus was returned by the employee,in the absence of form 16.

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Answered on 9/15/10, 1:09 am


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