My query
1. I joined IT company in february - 2011 as per my deal with company they have given me 60,000 as joining bonus and rule is like if i am not staying in company for 1 year that i have to pay back that joining bonus
2. For 60,000 amount i paid income tax before filing return of 2011 - 2012 assesment year
3. now i left company in september 2011 and i they dudcted 60,000 from my salary now they are shoing that deductin in salary pay sleep but not in 2012 year form 16 before a week they have provided me form 16
4. Now question is they should provide me my salary less 60000 in form-16 or not,
If not then i have to pay tax for that 60,000 which is actually they have dudcted from my salary and is not my income.
They are saying that we can't revise form 16 so any specific reson behing that
Please help me....
CAclubindia
