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Deduction only one mode of recovery (Sec 202)

Sunny Yo (23 Points)

17 July 2018

hi,
can anyone plz explain me sec 202..i mean, what is the meaning of recovery..?

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Srinivasa Ganesh (Article Assistant) (456 Points)
Replied 17 July 2018

for example you have received interest income of 15000 on which TDS is deducted @ 10%. the deductor has not paid the TDs amount to govt. then AO cannot ask assessed to pay the tax which is already paid as TDS on such income

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Sunny Yo (23 Points)
Replied 17 July 2018

thank you sir..but the same is written in sec 205(Bar against direct demand on assessee)

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