Deduction of tax at source Income-tax deduction from salaries under section 192 of the Income-tax Act, 1961

Last updated: 07 January 2017

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CIRCULAR NO : 01/2017 F.No. 275/192/2016-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** North Block, New Delhi Dated the 2 nd January, 2017 SUBJECT: INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2016-17 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961. ***** Reference is invited to Circular No.20/2015 dated 02.12.2015 whereby the rates of deduction of income-tax from the payment of income

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1 Year PLAN - Rs.~~1999~~

1799

(Excl. of GST ₹323)

2 Years PLAN - Rs.~~3499~~

3149

(Excl. of GST ₹566)

BEST VALUE

3 Years PLAN - Rs.~~4999~~

4499

(Excl. of GST ₹809)

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Notification No : 01/2017
Source : https://www.caclubindia.com/notice_circulars/files/322600_7387_tds_2017.pdf

Attached File : 322600_7387_tds_2017.pdf

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