Tax on salary not received

This query is : Resolved

Bhavana (Querist)
Follow

28 September 2020 An assessee being a director of a listed Company, had received salary more than the limit as per Companies Act, 2013 pending Central Government approval and paid tax on the same appropriately in AY 2014-15 and AY 2015-16. Subsequently, as the Central Government approval could not be procured, the assessee had repaid excess salary to the Company. However, TDS on the higher salary was deducted by the Company and the entire excess salary received, was paid back by the assessee to the Company. What is the recourse available to the assessee to claim Income tax refund now as tax was paid on income which is returned back by the assessee ? Can a revised return or any grievance petition be filed online ?

Thanks in advance.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

28 September 2020 When the excess salary paid back.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rajat Khandelwal

efiletax

asmita gupta

Shraddha Pangam

Choudhary

Subscribe Now

Tax on salary not received

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA