https://www.taxtmi.com/circulars?id=9971 The instruction emphasises Tax Deduction at Source (TDS) under Chapter XVIIB, identifies recurring non-compliance by some banks-short deductions and incorrect perquisite valuation-and warns that such lapses attract interest, penalties and prosecution; it directs responsible officers to ensure scrupulous compliance and to approach the local tax authorities for clarification or assistance. en-us Wed, 16 Dec 1992 00:00:00 +0530 Thu, 09 Jun 2011 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9971 The instruction emphasises Tax Deduction at Source (TDS) under Chapter XVIIB, identifies recurring non-compliance by some banks-short deductions and incorrect perquisite valuation-and warns that such lapses attract interest, penalties and prosecution; it directs responsible officers to ensure scrupulous compliance and to approach the local tax authorities for clarification or assistance. Circulars Income Tax Wed, 16 Dec 1992 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9971