Wednesday, March 19, 2025

TOPIC

TDS

News Reports

Supreme Court rejects advocate Ashwini Upadhyay’s petition seeking to scrap the Tax Deducted at Source (TDS) system

ANI -
The Supreme Court on Friday refused to entertain a PIL seeking to declare that the Tax Deducted at Source (TDS) system is "manifestly arbitrary, irrational and violative of various fundamental rights".
News Reports

Byju’s failed to deposit TDS with the govt despite deducting it from employee salaries, a punishable offence against company directors: Report

OpIndia Staff -
According to the EPFO data, Byju’s has also failed to deposit monthly provident fund (PF) payments for several employees since December.
Government and Policy

Government refutes reports of issue of en masse prosecution notice to TDS defaulters, says reports completely misleading

OpIndia Staff -
The taxation body claimed that a few defaulter firms are deliberately misleading the media to thwart action against themselves.
News Reports

The crackdown continues : Income Tax Department unearths Rs 3,200 crores TDS scam

OpIndia Staff -
A total of 447 companies are under scanner for not depositing TDS deducted from employees

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