compensation by employee to employer
This query is : Resolved
27 July 2016
an employee has received salary for 11 months and the same is shown in form 16A but after the period of 11 months, he resigned without proper notice and thus had to a pay a compensation equivalent to 3 months salary as per contract.
how is the effect of compensation to be treated?
Amol S Joglekar
(Expert)
27 July 2016
No any deduction for such a payment made to employer for NOTICE period.
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