High Court Orders Refund of Excess TDS Paid, Rejects Government's Unjust Enrichment Claim for Fair Tax Practices.

High Court Orders Refund of Excess TDS Paid, Rejects Government's Unjust Enrichment Claim for Fair Tax Practices. https://www.taxtmi.com/highlights?id=75019 Refund of excess TDS deducted u/s 195 - Unjust Enrichment of the Government - whether the respondents are authorised by law to withhold the excess TDS paid by the petitioner? - Latin maxim “jure naturae aequum est, neminem cum alterius detrimento, et injuria fieri locupletioremit” - The High Court, after considering constitutional provisions, legal principles, and precedents, held that the excess TDS deposited by the company should be refunded. It emphasized that tax collection should only be done in accordance with the law. en-us Mon, 19 Feb 2024 15:39:16 +0530 Mon, 19 Feb 2024 15:39:16 +0530 TaxTMI RSS Generator High Court Orders Refund of Excess TDS Paid, Rejects Government's Unjust Enrichment Claim for Fair Tax Practices. https://www.taxtmi.com/highlights?id=75019 Refund of excess TDS deducted u/s 195 - Unjust Enrichment of the Government - whether the respondents are authorised by law to withhold the excess TDS paid by the petitioner? - Latin maxim “jure naturae aequum est, neminem cum alterius detrimento, et injuria fieri locupletioremit” - The High Court, after considering constitutional provisions, legal principles, and precedents, held that the excess TDS deposited by the company should be refunded. It emphasized that tax collection should only be done in accordance with the law. Highlights Income Tax Mon, 19 Feb 2024 15:39:16 +0530 https://www.taxtmi.com/highlights?id=75019