Home > Categories, Direct Tax > Circular 1/2010: TDS on Salary u/s 192

Circular 1/2010: TDS on Salary u/s 192

After the releasing the notification regarding valuation of perquisites for determining the taxable salary u/s 17 in the hands of employees.

CBDT has come up with a new Circular 1/2010 to determine the TDS on salary u/s 192 as the end of the previous year draws nearer.

The circular illustrates in detail as to how to calculate the amount of TDS on salary paid during F.Y. 09-10. Various declaration forms like 16AA etc. are also annexed to the circular.

Apart from this there is also a detailed illustration to elucidate as to how calculations should be done.

To download the circular click here.

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