https://www.taxtmi.com/circulars?id=2855 Employers must estimate each employee's salary income (including taxable perquisites) for 2005-2006, compute tax at prescribed rates according to age and gender, and deduct tax on average at each payment under Section 192; employers may elect to pay tax on non monetary perquisites using the average tax rate. Mandatory disclosures, verification and forms (including Form 12BA, Form 16/Form 16AA and Form 10E where applicable), PAN/TAN quoting, electronic filing of quarterly statements and annual TDS returns, prescribed valuation rules for perquisites, and prescribed deductions under Section 16 and Chapter VI A govern the calculation, deposit and reporting of TDS, with specified penalties for noncompliance. en-us Wed, 30 Nov 2005 00:00:00 +0530 Mon, 11 Aug 2008 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2855 Employers must estimate each employee's salary income (including taxable perquisites) for 2005-2006, compute tax at prescribed rates according to age and gender, and deduct tax on average at each payment under Section 192; employers may elect to pay tax on non monetary perquisites using the average tax rate. Mandatory disclosures, verification and forms (including Form 12BA, Form 16/Form 16AA and Form 10E where applicable), PAN/TAN quoting, electronic filing of quarterly statements and annual TDS returns, prescribed valuation rules for perquisites, and prescribed deductions under Section 16 and Chapter VI A govern the calculation, deposit and reporting of TDS, with specified penalties for noncompliance. Circulars Income Tax Wed, 30 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2855