I joined software company in April 2012 and received 1 Lakh joining bonus. Unfortunately I had to leave company in July 2012 and I returned joining bonus. In my Form 16 issued by employer 1 Lakh has been shown as my Gross Income, even though I have returned that back. I have certificate from employer that I have returned that amount and when employer gave me bonus in April 2012 tax was deposited to income tax department at 30% rate.
I want some help to get that extra tax money. I am not sure how to show in ITR that I've returned that money back. Please help me.
CAclubindia
