Friday, February 15, 2019

No proceedings as ‘KPTCL’ didn't deduct TDS on leave encashment treating its employees as State Govt. employees

IT : Section 192 used word 'estimate' and, therefore, statutory intention is that it should be an approximation; obligation of assessee under section 192 is only to make bona fide estimate of income of his employee under head salaries

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000186511/no-proceedings-as-‘kptcl’-didnt-deduct-tds-on-leave-encashment-treating-its-employees-as-state-govt-employees.aspx

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