banner_ad

Tax on Notice Pay Reimbursemnet

This query is : Resolved 
Profile Image

Profile Image

(Querist)
01 January 2009 My company has deducted tax on notice pay that I had to pay to my previous employer. Kindly advise whether such tax is to be borne by the employer or the empoyee.And under which section such tax has been deducted.

Regards
Amitabh
Profile Image

CA Tilak Raj Sharma

Profile Image

CA Tilak Raj Sharma (Expert)
02 January 2009 That amount is fully taxable in your hands. And you need to bear the tax liability.
Profile Image

O.D.SHARMA

Profile Image

O.D.SHARMA (Expert)
03 January 2009 Salary paid to u for reiumbersement of Ex employer is taxed correctly by present employer.U /S 192 this is for current employer to deduct.If u feel it's over/Excess get this adjusted by providing deduction/Exemption claims & compution Other wise in return claim this,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details