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Impact on ITR based on returned joining bonus

This query is : Resolved 
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Guest

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Guest (Querist)
10 April 2022 Hi Experts,

Could you please guide me on below query:

Summary:
I joined a organisation in March22 and in my March22 salary I got joining bonus.

In end of Apr22 I will be leaving the organisation and I also need to return the joining bonus.

How this will affect the ITR for last fiscal year 21-22 and this fiscal year 22-23?

Is it like when filling ITR for 21-22 I need to consider the joining bonus as a part of my salary and accordingly I need to pay the taxes? Though it was already returned in Apr22 and in next fiscal 22-23 year I need to apply for ITR so that I can get the return back of year 21-22?

Or it can be adjusted in the same fiscal year 21-22?

Thanks
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
11 April 2022 It can be adjusted in the same fiscal year 21-22 if ITR filing allowes you.
If not adjust it in next financial year.
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