Circular regarding Income-tax deduction from salaries during the financial year 2022-23 under section 192 of Income-tax Act, 1961(dated-07.12.2022)-CBDT.
View PdfCircular regarding Income-tax deduction from salaries during the financial year 2022-23 under section 192 of Income-tax Act, 1961(dated-07.12.2022)-CBDT.
- Reference is invited to Circular No. 04/2022 dated 15.03.2022 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 (hereinafter ‘the Act’), during the financial year 2021-22, 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 2022-23 and explains certain related provisions of the Act and Income-tax Rules, 1962 (hereinafter the Rules). All the sections and rules referred are of Income-tax Act, 1961 and Income-tax Rules, 1962 respectively unless otherwise specified. The relevant Acts, Rules, Forms and Notifications are available at the website of the Income Tax Department- www.incometaxindia.gov.in , refer attachment for further details.
