https://www.taxtmi.com/circulars?id=4830 Employers must estimate annual salary income and deduct tax at source under section 192 by computing aggregate tax at average rates for the year, dividing by twelve for monthly deduction, and including perquisites and amenities (valued under rules) in estimated salary subject to statutory exemptions and deductions; disbursing authorities must verify evidentiary proof, use correct challans, observe rounding conventions, and are liable under sections 201 and 276B for failure to deduct or remit, with interest and penal consequences. en-us Thu, 08 Aug 1985 00:00:00 +0530 Mon, 04 Aug 2008 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4830 Employers must estimate annual salary income and deduct tax at source under section 192 by computing aggregate tax at average rates for the year, dividing by twelve for monthly deduction, and including perquisites and amenities (valued under rules) in estimated salary subject to statutory exemptions and deductions; disbursing authorities must verify evidentiary proof, use correct challans, observe rounding conventions, and are liable under sections 201 and 276B for failure to deduct or remit, with interest and penal consequences. Circulars Income Tax Thu, 08 Aug 1985 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4830