TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tax Deduction at Source Clarified for 1975-76 Salaries Under Additional Emoluments Act; Arrears Taxable Upon Repayment.</h1> The circular addresses the deduction of tax at source from salaries for the fiscal year 1975-76, specifically concerning amounts credited to employees' accounts under the Additional Emoluments (Compulsory Deposit) Act, 1974. It clarifies that such amounts, once repaid, should be treated as salary paid in arrears for tax computation purposes. The circular mandates tax deduction at source on these repayments, following guidelines from previous circulars. It instructs all disbursing officers and state undertakings to adhere to these tax deduction procedures as outlined in the referenced circulars.
TaxTMI 
TaxTMI 
