Circular on TDS on Salaries under Section 192 of the Income–Tax Act, 1961 during the Financial Year 2009-2010

• Sunday, January 17, 2010, 22:07
• Income Tax

CIRCULAR NO.: 1/2010 , New Delhi, dated the 11^th January, 2010

F.No. 275/192/2009-IT(B)

SUBJECT: INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2009-2010 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961.

Reference is invited to Circular No.08/2007 dated 5.12.2007 whereby the rates of deduction of income-tax from the payment of income under the head “Salaries” under Section 192 of the Income-tax Act, 1961, during the financial year 2008-2009, were intimated. The present Circular contains the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” during the financial year 2009-2010 and explains certain related provisions of the Income-tax Act. The relevant Acts, Rules, Forms and Notifications are available at the website of the Income Tax Department-www.incometaxindia.gov.in

Full Circular can be viewed on the following link:-

CIRCULAR NO.: 1/2010

Related posts:

1. TDS rates chart after 01st October 2009 for financial year 2009-2010 and download calculator for 2009-2010
2. Rates for computation of advance tax, deduction of income-tax at source from Salaries, and charging of income-tax in certain cases during the financial year 2008-09
3. File your Income Tax return for financial year 2008-2009 before 31st March 2010 to avoid penalty
4. Valuation of Perquisites other then accommodation, motor car and ESOP for financial year 2009-2010
5. Government notified rules for valuation of perquisites for the financial year 2009-2010

Tags: income tax act, income tax act 1961, Income tax department, incometaxindia, TDS

7 Comments on “Circular on TDS on Salaries under Section 192 of the Income–Tax Act, 1961 during the Financial Year 2009-2010”

• Girish wrote on 20 January, 2010, 12:31

  sir, have you maharashtra PT Challans in excel format
• arpita. wrote on 28 August, 2010, 21:00

  sir, i want to know the updates in section 194 C
• Suresh Raval wrote on 30 July, 2011, 17:57

  i required format of salary certificate which is provided by employer to employee.

  regards,

  Suresh Raval
• Shala Khan wrote on 4 August, 2011, 12:59

  i required chart of income and TDS tax with percentage and sollution to calculate.

  Thank You !
• Shala Khan wrote on 4 August, 2011, 13:02

  Sir,
  i requried chart of income tax and tds
• Shiwanand wrote on 31 December, 2011, 17:45

  I m a salaried personal, now wants to know how i will get For-16 and under which circumstances?
• v manikandan wrote on 28 March, 2012, 10:51

  please issue my form 16 in the month of  2009-2010

Write a Comment