Tax deducted at source bars duplicate recovery from the assessee, while defaulting deductors remain subject to recovery action. Section 401 of the Income-tax Act, 2025 prevents direct recovery of tax from an assessee where that tax has already been deducted at source from the ... Summary
Tax deducted at source bars duplicate recovery from the assessee, while defaulting deductors remain subject to recovery action.
Section 401 of the Income-tax Act, 2025 prevents direct recovery of tax from an assessee where that tax has already been deducted at source from the assessee's income. The protection is limited to the amount actually deducted; any tax not deducted or only partly deducted may remain recoverable. Where the deductor fails to deposit deducted tax with the Central Government, action is ordinarily to be taken against the defaulting deductor under the applicable interest, penalty and recovery provisions.
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