No, It was wrong to take increment on 01-07-2014. It will be regarded as overdrawn. According to Ropa -2009, a non-trained incumbent is eligible to get only 4 (four) increment during 5 years of service. It was possible before Ropa-2009.
Your 5 years of service is complete on 12/10/14 but did not complete your B.Ed degree within this period. If you could complete your last Examination of B.ED within 01-07-14, then you availed your increment on 01-07-14.
(before, increment used to get one time in a year, But now the difference may be count 6 months. As you were unable to submit your last date of exam./result within 12/10/14, so you are not entitled to get your increment on 01-07-14.)
Thanks a lot.
Thanks a lot sir, Its clear now. What is the procedure to return the overdrawn?