Taxation os salary bonus
Querist : Anonymous
Querist : Anonymous
192. (1) Any person responsible for paying any income chargeable under the head “Salaries” shall, at the time of payment, deduct income-tax on the amount payable at the average rate of income-tax computed on the basis of the [rates in force] for the financial year in which the payment is made, on the estimated income of the assessee under this head for that financial year.
It is clearly mentioned at the time of payment of salary TDS deductible.
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