I resigned from a private organisation in FY 17-18.
Total leave balance while leaving company was -60days of which previous employer waived off 50%.
Total recoverable amount towards leave balance recovery was 179200/- of which 89600/- was recovered from Full & Final settlement in FY 17-18.
As per my understanding recovery of 89,600/- is against excess salary paid to employee during his/her tenure at company.
TDS was deducted on this total amount of 1,79,200/- as and when excess salary was paid to me and now 89,,600/ have been recovered.
Can I claim refund of TDS on recovery of 89,600/- done towards negative leave balance as I have already paid taxed on this amount in FY 17-18.
Can someone help me on process to claim refund of this excess TDS.
CAclubindia
