Home > Income Tax Act 2025 > Section-401Last Updated: Mar 06th 2025
Section-401 seeks to provide for provisions relating to bar against the demand on assessee to the extent tax has been deducted. Learn to understand the section-401 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
Where tax is deductible at the source under this Chapter, the assessee shall not be called upon to pay the tax himself to the extent to which tax has been deducted from that income.
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.