If the company deducts recovery amount from the salary. Will employees need to pay tax on the amount or that is adjusted in form 16 by the employer?
Menu
Asset Damage Recovery By Company Tax Liability
Replies (2)
Tax on salary amount reduced for the damage is also required to be paid.
Company tax liability
Recent Threads
- My client purchases Rs. 3 crores and his turnover
- Regarding CA foundation Exemption (Direct Entry Sc
- CFSS Scheme
- Transfer of ITC from individual to LLP
- Query of Goodwill
- Remuneration to Partners
- Request For Dhirajlal Rambhia
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
Related Threads
CAclubindia
