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The Economic Times
The Economic Times
Business
Himanshi Singh

Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened next

Mumbai ITAT Income Tax

What happens if your employer has deducted tax from your salary but fails to deposit it with the government? Will you get the entire TDS credit in such a case or not? Something similar happened with Mumbai-based IT professional Sophia Rick when she got a tax demand of Rs 3.36 lakh, instead of Rs 3.91 lakh TDS credit which she had claimed in her income tax return (ITR)

While filing her income tax return for Assessment Year 2019-20, Sophia Rick had declared her income at Rs 18.41 lakh and claimed a TDS credit of Rs 3.91 lakh but got only Rs 79,030. This resulted in a tax demand of Rs 3.36 lakh. Why? Because her employer – an IT services company – had not deposited the TDS deducted from her salary with the government.

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