Employee buy out option
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 July 2013
One of our employee takes the buy out option for one month while relieving now he is asking for Form16 So, shall we considered that one month salary as his earnings?.
Please clarify..
Please clarify..
29 July 2013
yes, as even for one month if tds from his salary is deducted then form 16 validly downloaded from traces website must be issued to such employee as its required by him for his income tax filling and future tax purpose.
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