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Sandeep Vedavyas   18 October 2022

Recovery amount won't be shown in form 16

I worked at my current organization from June 20 till October 17. I got two components as salary - joining bonus 7L and performance bonus 2.5L. I got the amount post tds. Since I left before Dec 2022, I am being asked to pay the full amount back 9.5L. I was fine with it thinking I could claim back the TDS during next filing, but the accounting section told me that this recovery amount won't reflect in form 16, but they will give me a letter with company letterhead stating that they have recovered 9.5L from me. What can I do in this situation? Thanks in advance


 4 Replies

Sourav Das (Advocate Supreme Court of India)     18 October 2022

Company is saying correct.

Income Tax Appellate Tribunal – Chennai, S.S.N.Ravi, Chennai vs ACIT on 6 May 2016 I.T.A. No.933/Mds/2015. Assessment year: 2008-2009.

Sandeep Vedavyas   18 October 2022

Will the letter with company letterhead act as a legitimate document when claiming back the tds deducted?

Sourav Das (Advocate Supreme Court of India)     18 October 2022

TDS will not be refunded. Plz read the above mentioned judgment. 

Sandeep Vedavyas   18 October 2022

Company HR told me that people who have submitted the letter have gotten their refunds, although they mentioned it depends on AO

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