Repayment of tax refund to ABC company

Question

I went to an international assignment for 2 yrs (2013 -2015) and I signed aggrement with my company that my company will take care of the Income tax returns on my behalf and I have to give them any IT refund I receive during my assignment.
I resigned this company in Aug 2015. As per their agreement I am still liable after resigning the company. I received a IT refund in 2016 and I enchashed it in feb 2017.

This company now gave me legal notice on 22 Dec 2020 to pay me that refund amount back to company otherwise they make initiate a civil or criminal case.

Please advice if after 3 yrs any case case be filled against me (civil or criminal) and what would be best option tackle this situation.

Thanks

ranjan75 1 Answer 198 views
0

Answer ( 1 )

  1. instalegal
    0
    2021-01-14T18:55:25+05:30
    Reply

    yes the company is legally entitled to get the refund as per the agreement entered between the parties because refund was initiated for the time when you were gainfully employed with the company.

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