#Compensation

Tax laws around returning sign on bonus?

Does anyone has clarity on sign on bonus. I had a sign on bonus of 5 lakhs when I joined. The company deducted 30% as tax and I got 3.5 lakhs in first month salary. Now I’m leaving before 1 year and have to return the entire 5 lakhs. I was paid only 3.5 so is there any way I can show this as a loss etc in my tax filings? It’s a 1.5 lakh loss in real for me
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Adora · WalmartLabs
357 days
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