Natural justice and pre-CIRP labour awards protect termination compensation, permitting withdrawal of court deposits despite later insolvency resoluti...
Arbitration of SEZ sub-lease monetary claims preserves rent, maintenance, termination, improvements and damages disputes while unused premises are vac...
Scientific research approval grants a research association tax recognition, subject to annual donor reporting, certification, and regulatory complianc...
Limitation governing correction of TDS statements does not justify an employer's failure to file an original TDS statement or return; where no original filing exists, the correction-time-limit plea is inapplicable. An employer that deducts TDS acts as an agent for its collection and remittance and becomes an assessee in default if it neither deposits deducted tax nor files required returns. Recovery mechanisms, including a charge on the employer's assets, apply against the defaulting employer, while the employee must not suffer for that default. Filed statements require verification and employee grievances require redress.
Limitation governing correction of TDS statements does not justify an employer's failure to file an original TDS statement or return; where no original filing exists, the correction-time-limit plea is inapplicable. An employer that deducts TDS acts as an agent for its collection and remittance and becomes an assessee in default if it neither deposits deducted tax nor files required returns. Recovery mechanisms, including a charge on the employer's assets, apply against the defaulting employer, while the employee must not suffer for that default. Filed statements require verification and employee grievances require redress.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4913 
