Deduction of notice period salary paid to employer


This query is : Resolved 

(Querist)
30 June 2016 Dear Sir,
Kindly help by telling relevant circulars/case/IT Section
Is notice period salary paid to employer deductible from Gross Taxable salary income ??

Help on urgent basis
Regards
Sumit Arora

Rupesh Jain (Expert)
30 June 2016 no tax will charge on the earning or receipts whichever is earlier, you make payment notice as per your appointment term then no deduction will allowed under the income tax act.


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