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Saturday, April 22, 2017

Amendments in provisions of Income Tax relating to salaries during FY 2016-17

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Every year Central Board of Direct Taxes issues circular on Income Tax deduction from salaries under section 192 of the Income Tax Act, 1961. For the Financial year 2016-17, CBDT issued circular relating to provisions of salary & TDS on salary for current year via circular no. 01/2017 dt. 02/01/2017. This article tries to focus on amendments in FY 2016-17 by comparing with the provisions of FY 2015-16.

April 22, 2017 at 02:46PM

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from editor

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