Circular : No. 36 -Income Tax I am directed to invite a reference to this Ministry’s Letter F. No. 12/41/69-ITCC, dated 5-4-1969, on the subject of deduction of income-tax from salaries paid during the year 1969-70. The Finance Bill introduced in the Parliament on February 28, 1970, provides, inter alia, the rates at which income-tax has to be deducted during the financial year
