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Taxability of notice pay

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(Querist)
24 July 2014 dear experts please tell the tax treatment of Notice pay reimbursement?

is there any way to take deduction if it is not adjusted in Form 16.

please provide any supporting case law
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 July 2014 Notice pay payment can be reduced from the salary. If not done in Form 16 it can be done It return.

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