Revenue cannot adjust TDS on Salary not deposited by employer against refunds of employee

Jignesh Panchal VS DCIT (ITAT Delhi)

Introduction: The case of Jignesh Panchal versus DCIT at the ITAT Delhi revolves around the intriguing scenario of withheld tax, not deposited by the employer, and how this affects an employee’s tax refund under Section 205 of the Income Tax Act.

Analysis: The foundation of the appeal rests on the delay in filing, with the assessee claiming that a significant portion of this delay fell within the extension granted

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