TDS Not Required on Salary Voluntarily Foregone by Employee Post-Termination Under Settlement Agreement.

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Full Text of the Document

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....Reversal of TDS by the employer on salary foregone by the employee (after termination) as per the settlement agreement - the foregone salary may after its accrual be chargeable to tax in the hands of appellant, but the appellant cannot claim that his employer should have deducted tax on the basis of accrual. - AT....