Income Tax Act does not cast burden on deductee with regard to Deposit of Money, retained as Tax by Payer: Delhi HC [Read Order]

The Delhi HC rules Income Tax Act does not cast Burden on Deductee with regard to Deposit of Money, retained as Tax by Payer
By Kalyani B. Nair - On December 6, 2023 1:30 pm - 2 mins read
Income Tax Act - Deposit of Money - Delhi High Court -TAXSCAN

The Delhi High Court observed that the Income Tax Act, 1961 does not cast a burden on deductee with regard to deposit of money, retained as tax by payer. Ruchir Bhatia, senior standing counsel, who appeared on behalf of the appellant/revenue, while conceding that no direct recovery could be made against the respondent/assessee concerning the…

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