INCOME TAX DEDUCTION UNDER SALARIES U/S 192

S Vijayasarathy (ACS CA Inter CWA Inter)   (82 Points)

11 February 2011  

INCOME TAX CIRCULAR 08/2010 DATED 13.12.2010 RELEASED.

USEFUL FOR COMPUTING TDS ON SALARY.

ALSO FURTHER CLARITY ON SECTION 206AA ARRIVED FROM THIS CIRCULAR. PAN NOT MANDATORY FOR ALL SALARIED EMPLOYEES. ONLY EMPLOYEES HAVING TAXABLE SALARY NEED TO HAVE PAN.