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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Finance Act 2008 amends Section 191 to clarify tax deduction duties, deeming non-compliant individuals as defaulting assessees.</h1> Section 191 of the Income-tax Act is amended by the Finance Act, 2008, to clarify the responsibilities of individuals, including principal officers of companies, regarding tax deductions. The new Explanation, effective from June 1, 2003, states that if a person required to deduct tax fails to do so, or fails to pay the deducted tax, or does not pay the tax, and the assessee also fails to pay it directly, that person is deemed an assessee in default under section 201(1). This designation is without prejudice to other consequences they may face.
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