TCS Employees Hit with Tax Notices, Told to Hold Off on Payments

• Several TCS employees have received tax demand notices over TDS discrepancies.
• TCS advises employees to wait for further instructions before paying.
• Notices demand amounts ranging from Rs 50,000 to Rs 1.5 lakh.
• TCS believes the tax authorities may have made a processing error.
• Employees are advised to consult tax advisers or contact TCS for guidance.

Source: Moneycontrol