How to get the TDS back from last financial year

Dear forum,

My company paid one lakh bonus in last year May as one time lock in bonus. Since I have left them before the lock in period, they asked us to pay back the one lakh in full. But we received the amount after the company deducted TDS. How to reclaim the TDS as we are paying back the one lakh in full to the company this August. I have already filed the TDR for last financial year.

Thanks.

Replies (6)
Quick Summary
If you've repaid a bonus to your company from which TDS was already deducted, and you've already filed your tax return for that financial year, you may be able to reclaim the TDS. The advice suggests paying the company only the net amount after TDS and having the company revise their TDS return to claim the refund. This ensures your accounts are balanced and you don't incur a personal loss.

You can't take back that.

Thanks Aakarsh for your reply. I have one more question.

Where will that money go? The company will get its one lakh back. IT department has the 30K. Once I pay the company one lakh back, I will be in loss. Is there no need for all the books to be clean?

Pay company only 70000. and ask company to revise their TDS return and claim TDS refund

Thank you Rashmi for your reply. I will do as you have advised. This is of great help. Thanks again.

Bonus once paid can't be taken back.
Welcome Dear

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Follow