CA PARAS BAFNA's Expert Profile

Queries Replied : 9397

I am a practising CA from Surat

Sharing the knowledge is my hobby.

Favourite field of activity is Income-tax .

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LNC says : Joining Bonus recovery is not reflecting in Form16
Hi Sir, Need your advise on how to reflect(in IT Return for tax exemption) joining bonus of Rs:75,000 which is recovered from me for leaving the organization within one year. Same has been reimbursed from my new Employeer. I have been taxed on both the instance. While checking with my previous employer they said the joining bonus was given in FY 2012-2013 and recovery was done in FY 2013-2014 it will not reflect in Form 16 which is issues for FY-2013-2014 by previous employer. Is there any way that this can be accommodated to avoid paying excess tax for the same amount ?

SATYA TANUJ DOMMETI says : partnership act
if a partner entered in to partnership firm with capital brought in cash, at the time of retirement would he payable any amount to registrar by taking away his capital and for the retirement

SATYA TANUJ DOMMETI says : partnership act
if a partner entered in to partnership firm with capital brought in cash, at the time of retirement would he payable any amount to registrar by taking away his capital and for the retirement

SATYA TANUJ DOMMETI says : partnership act
if a partner entered in to partnership firm with capital brought in cash, at the time of retirement would he payable any amount to registrar by taking away his capital and for the retirement

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