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Income Tax - Highlights / Catch Notes

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Reversal of TDS by the employer on salary foregone by the ...

Income Tax

April 13, 2023

Reversal of TDS by the employer on salary foregone by the employee (after termination) as per the settlement agreement - the foregone salary may after its accrual be chargeable to tax in the hands of appellant, but the appellant cannot claim that his employer should have deducted tax on the basis of accrual. - AT

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