Exemption under it act
g balachandran
(Querist) 23 July 2013
This query is : Resolved
will you pl clarify whether i can claim exemption for notice pay paid to previous employer which was not bought back by new employer. If so, under which section? many tks for yr prompt response
Rajendra K Goyal
(Expert) 24 July 2013
When your previous employer has recovered notice period pay, he should deduct this amount from total payments shown in form 16.