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GOVERNMENT OF INDIA MINISTRY OF ... - Income …

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF DIRECT TAXES deduction OF TAX AT SOURCE- Income -TAX deduction FROM SALARIES UNDER SECTION 192 OF THE Income -TAX ACT, 1961 DURING THE FINANCIAL YEAR 2016-17 CIRCULAR NO. 01/2017 NEW DELHI, the 2nd January, 2017 INDEX Para No. Page No. 1 GENERAL 1 2 RATES OF Income -TAX AS PER FINANCE ACT, 2013 1 Rates of tax 1 Surcharge on Income tax 2 Education Cess on Income tax 2 Secondary and Higher Education Cess on Income -tax 2 3 BROAD SCHEME OF TAX deduction AT SOURCE FROM SALARIES . 2 Method of Tax Calculation 2 Payment of Tax on Non monetary Perquisites by Employer 2 Computation of Average Income Tax 2 Salary From More Than One Employer 3 Relief When Salary Paid in Arrear or Advance 3 Information regarding Income under any Other head 3 Computation of Income under the head Income from house property 3 Adjustment for Excess or Shortfall of deduction 4 Salary Paid in Foreign Currency 4 4 PERSONS RESPONSIBLE FOR deduction TAX A

government of india ministry of finance (department of revenue) central board of direct taxes deduction of tax at source- income-tax deduction from salaries

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