Tax deduction at source on salaries: payer must consider other head income and Part B/Part BB taxes when deducting. Amendment replaces sub section (2B) to permit a salaried assessee who has other head income or tax deducted/collected under Part B or Part BB, and any loss under 'Income from house property,' to send prescribed particulars to the payer; the payer must take those particulars into account when making the deduction under sub section (1), with a proviso preventing reduction of the tax deductible except where the house property loss has been applied.
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Provisions expressly mentioned in the judgment/order text.
Tax deduction at source on salaries: payer must consider other head income and Part B/Part BB taxes when deducting.
Amendment replaces sub section (2B) to permit a salaried assessee who has other head income or tax deducted/collected under Part B or Part BB, and any loss under "Income from house property," to send prescribed particulars to the payer; the payer must take those particulars into account when making the deduction under sub section (1), with a proviso preventing reduction of the tax deductible except where the house property loss has been applied.
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