Salary and chapter xvii-b

TDS 7170 views 3 replies

Helo!

Can anyone guide me as to whether TDS on salary is covered under chapter xvii-b?

Replies (3)

Yes. All the provisions of TDS are governed by Chapter XVII-B of the Income-Tax Act, 1961.
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Chapter XVII - Collection and recovery of tax
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A --- General

B --- Deduction at source

BB - Collection at source

C --- Advance payment of tax

D --- Collection and recovery

E --- Tax payable under provisional assessment

F --- Interest chargeable in certain cases

G --- Levy of fee in certain cases

Isnt xvii-B for "TDS other than salaries"?

 

- Chapter XVII-B is a conjoint of various sections for deduction of tax at source.
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- Sec. 192 is the first section coming under this chapter.
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- Refer sec. 192 or chapter XVII-B from the bare act and all your doubts shall be resolved. To access the bare act, you may click here


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