Salary is taken back while incometax already paid on it
This query is : Resolved
06 March 2019
Dear Experts,
One of my assessee is a govt employee and now retired in july fy1819. His govt department found that during the period from fy2012 to fy2015,
exceed salary given to him. Assessee has paid the income tax on it during that period consider it as his income.
Now his employer has taken back that salary in fy1819 which was recovered some from his leave enacashment and some by way of cash by intimating him to pay via bank challan. Assessee have no problem in it as it is by norms.
My quey is that what is the remedies available to him in account of income tax which he alredy paid on income during the fy 2012 to fy2015 but now he has not that income.
One of my assessee is a govt employee and now retired in july fy1819. His govt department found that during the period from fy2012 to fy2015,
exceed salary given to him. Assessee has paid the income tax on it during that period consider it as his income.
Now his employer has taken back that salary in fy1819 which was recovered some from his leave enacashment and some by way of cash by intimating him to pay via bank challan. Assessee have no problem in it as it is by norms.
My quey is that what is the remedies available to him in account of income tax which he alredy paid on income during the fy 2012 to fy2015 but now he has not that income.
07 March 2019
Deduct the recovery in the current year income and tax benefits will arise during the year.
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