Salary slip shows TDS deducted, but Form 26AS doesn't? Here's how the ITAT ruling protected the taxpayer
New Delhi, July 19 -- Thousands of salaried taxpayers rely on Form 16 and salary slips while filing their income tax returns. But what happens if an employer deducts tax from salary and never deposits it with the Income Tax Department?
The issue has come into focus after an Income Tax Appellate Tribunal (ITAT) ruling involving a former Byju's employee, where the tribunal held that an employee cannot be forced to pay tax again merely because the employer failed to deposit the tax deducted at source (TDS).
TaxBuddy founder Sujit Bangar highlighted the case in a detailed post on X, calling it an important reminder for salaried taxpayers to verify their tax records before filing ITR for FY 2025-26 (AY 2026-27).
According to Bangar, Byju's ...
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