Tax calculation on re-payment of sign-on bonus

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03-17-2008, 04:33 AM

maneeshg

Junior Member

Join Date: Mar 2008

Posts: 1

Tax calculation on re-payment of sign-on bonus

I would like to know how the income tax is calculated for the amt which is re-payed to the company for breaking the bond. How it affects if both payment and re-payment happen in same financial year and vice verse?

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