Salary TDS particulars and perquisite statements govern the information required for payroll tax deduction under the rules. Particulars for deduction of tax at source from salary income may be furnished in Form No. 122, including salary from other employers, house property loss, income under other heads excluding certain losses, and tax deducted or collected at source. The person responsible for paying salary must furnish a statement of correct and complete particulars of perquisites or profits in lieu of salary and their value in Form No. 130 or Form No. 123, depending on the amount of salary paid or payable for the tax year. Salary has the meaning assigned in rule 15.
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Provisions expressly mentioned in the judgment/order text.
Salary TDS particulars and perquisite statements govern the information required for payroll tax deduction under the rules.
Particulars for deduction of tax at source from salary income may be furnished in Form No. 122, including salary from other employers, house property loss, income under other heads excluding certain losses, and tax deducted or collected at source. The person responsible for paying salary must furnish a statement of correct and complete particulars of perquisites or profits in lieu of salary and their value in Form No. 130 or Form No. 123, depending on the amount of salary paid or payable for the tax year. Salary has the meaning assigned in rule 15.
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