Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Indemnity protects persons who deduct, retain or pay tax on another's income from personal liability. Persons who, in pursuance of the Income-tax Act, deduct, retain or pay any tax in respect of income belonging to another person are indemnified for such deduction, retention or payment, providing a statutory safeguard for those acting as deductors, retainers, or payers on behalf of the beneficial owner.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Indemnity protects persons who deduct, retain or pay tax on another's income from personal liability.
Persons who, in pursuance of the Income-tax Act, deduct, retain or pay any tax in respect of income belonging to another person are indemnified for such deduction, retention or payment, providing a statutory safeguard for those acting as deductors, retainers, or payers on behalf of the beneficial owner.
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