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of <h1>Representative assessees can recover tax payments made for others under Section 162 Income Tax Act</h1> Section 162 of the Income Tax Act, 1961 establishes the right of representative assessees to recover tax payments made on behalf of others. A representative assessee who pays tax under the Act can recover the amount from the person on whose behalf payment was made or retain equivalent amounts from moneys in their possession. The provision allows retention of estimated tax liability amounts from payments due to the principal, with disagreements resolved through certificates from the Assessing Officer. The final settlement amount cannot exceed the certified amount unless additional assets of the principal are available.
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