1991 (6) TMI 109

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....ions under Chapter VIA the net amount on which tax is deductible and the amount of income-tax, surcharge in respect of each employee's salary. The assessing officer on examination of the said Form No.24 was of the view that in the case of 11 employees the amount of salary on which tax was deducted at source was wrong and thereby the income-tax so deducted was less and arrived at the balance tax in the case of 11 employees aggregating to Rs. 7,508. The Assessing Officer also considered the Form No. 24 and was of the opinion that in the month of June, July, August, September and October, the amount of deduction that should have been made was less. Consequently, the amount deposited was less resulting in lesser deduction of tax, and relating t....

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....me was not normally permitted deduction by the assessee-employer in arriving at the tax deductible at source on salaries. On the question of interest the plea was that as per s. 192 the average meant the total yearly taxes deductible from the pay average and, therefore, the amount deducted for each of the month should be uniform 5. The contention of the counsel for the assessee, on the other hand, was that this Circular is not specific in allowing of any deduction in respect of donations paid by the assessee, but since Form No. 24 has a column for amount deducted in respect of donations paid under s. 80G, the deductions allowed by the assessee should be held to be justified. In regard to the charge of interest his plea was that the very ....