Salary TDS Circular

New Income-tax Circular on TDS on Salaries for the year 2012-13

The Income-tax Department has released a new circular No 8/2012 [F No 275/192/2012-IT(B)] dtd 05/10/2012 containing the various details and particulars & procedures with regard to deduction of tax at source in respect of payments by way of salaries during the year 2012-13. The circular can be downloaded from the link  below :- [wpdm_file id=23]

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Tax Deduction on Salaries – Clarification Circular

The Income-tax Department has issued Circular N0 05/2011 dtd 16th August 2011 containing the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” during the financial year 2011-2012 and explains certain related provisions of the Income-tax Act. This circular will be a handy reference for Employers deducting tax from their

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