Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Representative Assessee Can Recover Paid Tax from Principal Under Income Tax Act, 2025; Certificate Guides Disputes</h1> Every representative assessee who pays tax on behalf of another under the Income Tax Act, 2025, has the right to recover the paid amount from the person for whom the tax was paid. They may also retain an equivalent sum from any funds they hold for the principal. If there is a dispute over the amount to be retained, the representative assessee can obtain a certificate from the Assessing Officer specifying the amount to be withheld. The recoverable amount cannot exceed the certificate's specified sum unless additional assets of the principal are available.