Taxpayers Must Prove Employer Withheld but Didn't Deposit Taxes to Avoid Coercive Actions by Income Tax Officer.

Credit of TDS deducted on salary but not deposited by the employer (Karvy Stock Broking Limited) - Petitioners directed to furnish evidence to the ITO who has issued notice of demand that tax has been deducted at source from their salaries. If such evidence is furnished, the ITO will not take any coercive steps against those Petitioners. - HC .....

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