TaxTMI 
TaxTMI 
2015 (3) TMI 95
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....enon, Sr. Counsel and Jose Joseph JUDGMENT 1. The petitioner is an assessee under the Income Tax Act, 1961. He is also an employee of the Travancore Cochin Chemicals Limited. It is the case of the petitioner that he had availed a loan from the Union Bank of India in an amount of Rs. 5 lakhs in the year 2002. As per the terms of the loan agreement, he was obliged to effect repayment of Rs. 4,400/....
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....sing the loan amount was in the name of the petitioner alone. It was aggrieved by the action of the employer, in deducting higher amounts at source from the payments made to the petitioner, that he approached this Court through the present writ petition seeking inter alia a direction to the respondents to assess the petitioner for income tax only after deducting the monthly instalments recovered f....
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....Income Tax Department. 4. On a consideration of the facts and circumstances of the case as also the submissions made across the Bar, I note that this is a case where the employer of the petitioner was obliged, in terms of the Income Tax Act, to deduct tax at source on payments effected to the petitioner by way of salary. The petitioner has a definite case that in the initial period after availing....
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.... petitioner under the Income Tax Act, in the writ petition, the grievance is with regard to the deductions effected by the employer in terms of the Income Tax Act, while effecting payments to the petitioner by way of salary. The said deductions, by way of tax deducted at source, are made by the employer pursuant to his obligation under the Income Tax Act and, whatever tax is deducted at source is ....