Need Help with Asset Recovery Deductions!

Hey everyone! I’m facing an issue related to asset recovery deductions from my salary, and I need some expert advice to understand the tax implications better. Here’s the situation: • I lost a company-issued asset and had to repay the amount to the company. • My employer deducted this amount after calculating tax on my gross salary (including my bonus). • As a result, I ended up paying income tax on money that I never actually received because it was deducted for asset recovery. My Question: Should asset recovery deductions be considered pre-tax (reducing taxable income) or post-tax (deducted after tax calculations)? Is there any standard practice or legal requirement for this? If anyone has technical knowledge about payroll processing, taxation, or labor laws, I would greatly appreciate your insights! Thank you in advance for your help! #TaxHelp #AssetRecovery #PayrollProcessing #FinanceAdvice #TaxDeductions #SeekingExpertise