Hi,
I resigned from my company on 9th Feb 2014.My company is supposed to pay me, performance bonus for 2013-14, leave encashment for 2013-14 and ERP bonus.
Till 9th feb they have deducted TDS and now they are going to give me full and final amount in april 2014.
I like to know whether on above mentioned amount they are supposed to deduct tax based on assesment year 2014-15 or 2015-16.
IMO I'm receiving this full and final amount in april 2014 so it should be part of assessment year 2015-16.
Thanks!