I have shown investment of Rs. one lac to my company in month of april and accordingly tax was calculated and deducted from my salary . By 31st December , i resign from that company and joined new company. But i since i have not submitted income tax investement proofs , company deducted complete tax for last 9 months . Now in new company i shown the investement and proofs . Can i get back all the additional tax which is deducted from my salary for 9 months ? and in how much time and what is the procedure.
RE:Income tax queries
by on Apr 25, 2008 10:06 PM
yes dear, u can get back ur excess income tax paid by you. companies generally adopt this policy to deduct the whole amount of income tac from salary if person resigns in th emid year. if he does't provide the investment proofs.
