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Friday, January 6, 2012

Income Tax- TDS for the year 2011-12

               
Income Tax department of India, vide circular No. 5/2011[F No.275/192/2011-IT(B)] dated 16/08/2011 have issued detailed guidelines on deduction of Income Tax at source from the salaries under section 192of Income Tax Act 1961 during the financial year 2011-12.

   All Grama Panchayat Secretaries and Performance Audit Supervisors are advised to strictly comply with the directions issued through the circular. You can download the full text of the circular from the link provided below.

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