https://www.taxtmi.com/circulars?id=4654 Deduction of tax at source on salaries for 1979-80 prescribes the rates and increased surcharge for withholding on salary payments from 1 April 1979, sets a non-deduction threshold with marginal relief, and requires valuation of employer-provided perquisites under the Income-tax Rules for estimated salary. It directs inclusion of repayments from compulsory deposit accounts as salary, disallows certain deposits as deductions for withholding, prescribes the standard deduction formula with special limits where conveyance allowance or employer-provided vehicles exist, and specifies documentary and certification requirements for exempt allowances and other deductions affecting tax withheld. en-us Thu, 10 May 1979 00:00:00 +0530 Fri, 01 Aug 2008 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4654 Deduction of tax at source on salaries for 1979-80 prescribes the rates and increased surcharge for withholding on salary payments from 1 April 1979, sets a non-deduction threshold with marginal relief, and requires valuation of employer-provided perquisites under the Income-tax Rules for estimated salary. It directs inclusion of repayments from compulsory deposit accounts as salary, disallows certain deposits as deductions for withholding, prescribes the standard deduction formula with special limits where conveyance allowance or employer-provided vehicles exist, and specifies documentary and certification requirements for exempt allowances and other deductions affecting tax withheld. Circulars Income Tax Thu, 10 May 1979 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4654