|QUERY:||Is there any provision whereby employer can give refund of excess tax deducted to the employee within the year/after year end?|
|ANSWER:||– No. An employer has right to adjust during the financial year u/s. 192(3)
– Employee has to claim from Dept.
|EXPERT:||CA. H. N. Motiwalla|
|CATCH WORDS:||refund, salaries, tax deducted at source|
Opinion Of Eminent Legal Luminaries On Controversial Issues
Can Employer Refund Excess Tax Deducted?
Credit: Several of the queries and answers are reproduced with permission from the AIFTP Journal. We thank AIFTP for generously allowing us to host their research material.
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