I have a question regarding taxation of joining bonus.

I recieved a joining bonus of 1 lakh from my previous employer in last fiscal year which was taxed.
I resigned from the organisation before completing 1 year... Which will be deducted from my last month salary.
How does taxation works in this case.

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Nothing different. It forms part of CTC and normal salary like any other head and gets taxed at slab rates.

Just a query, The joining bonus would be taxed at source when paid. But when leaving the prorated amount is deducted, so can we claim refund on the taxed amount as some of it deducted when we leave the company?

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Hi Fishers,

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