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of <h1>Finance Bill 2015 Amends Section 192: Employers Must Collect Proof for Salary Claims Starting June 1, 2015</h1> Clause 40 of the Finance Bill, 2015, amends section 192 of the Income-tax Act concerning salary payments. It introduces sub-section (2D), effective from June 1, 2015, requiring the person responsible for salary payments to obtain evidence or proof of prescribed claims from the assessee. This is for estimating the assessee's income or computing tax deductible under sub-section (1). The amendment mandates that these particulars be provided in a prescribed form and manner, ensuring accurate tax deduction at the average rate based on the financial year's income estimation.
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