Dear Experts,
I quit my job on the 15th of Oct with aprivate firm and my annual salary is 5.40L PA.
Now I just received communication that my income tax amounts for the 7 months will be deducted in my final settlement which I understand is to be paid.
Now the big confusion is that they claim the tax will be deducted on gross that is 45000PM x 7 Months = 315000
However, I have take a lot of leaves in this period of 7 months and also not received full salaries due to the loss of pay and the difference is quite high and the salaries credited to my bank account during this 7 month period comes to
234226 in all.
Now after deducting The Travel Allowance, HRA, LTA the difference in calculations is quite high which is causing me a problem.
I have discussed this and said that the calculation is not right to tax me on money which I have not earnt. Am I wrong in thinking so ? Please advise.
Thank you
Avinash

