CBDT Circular on Section 192 Of The Income-Tax Act, 1961 – Deduction Of Tax At Source – Salary – Instructions For Income-Tax Deduction From Salaries During The Financial Year 2016-17

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SECTION 192 OF THE INCOME-TAX ACT, 1961 – DEDUCTION OF TAX AT SOURCE – SALARY – INSTRUCTIONS FOR INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2016-17 CIRCULAR NO. 1/2017 [F.NO. 275/192/2016-IT(B)], DATED 2-1-2017 {AS CORRECTED BY CORRIGENDUM [F.NO.275/192/2016-IT(B)], DATED 24-1-2017} Reference is invited to Circular No.20/2015 dated 02.12.2015 whereby the rates of deduction of income-tax from the payment…

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