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TDS default on Salary

Signed 3/3000
Online Signatures: 3
To
Chief Commissioner of Income Tax
Employees of loss making companies are deprived not only of salary despite working but laden with Income-tax demands due to default by employers as they either don't disburse salary or do not deposit tax deducted and yet go scotfree
The Petition was also marked to:
Finance Minister
 - 
Tax, Investments and RetirementJul 26
3 Online Signatures
    Viewed by 121
      ASHOK GARG (FINANCIAL EXPERT)
      Default in Tax deposit with Government is generally done by business units, which are potential candidate for NPA Loans. In most of the cases, they are not identified by tax authorities in time due to lack of information or because of appropriate contacts. It is desirable that as and when anyone claim refund/adjustment of such tax, a red alert should be sent to the assessing officer of the respective business unit automatically by IT system for timely action. If no action as per law is initiated within reasonable time, the assessing officer needs to explain and bear the loss. This will help in reducing hardship to common citizen, detection of potential NPA in time and better compliance of Law. more  
      Aug 24

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