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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Higher deduction of Tax (TDS) by the employer u/s 192 from ...


Employer's Higher TDS Deduction Sparks Debate Over Section 80C(2)(xviii) Deductions; Excess Credited in Tax Assessment.

March 4, 2015

Case Laws     Income Tax     HC

Higher deduction of Tax (TDS) by the employer u/s 192 from salary - Eligibility to claim deduction u/s 80C (2) (xviii) - if any amount has been deducted in excess from the payments effected to the petitioner, the petitioner is not seriously aggrieved because he would get credit of the same in his assessment under the Income Tax Act - HC

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