https://www.taxtmi.com/circulars?id=56595 Employers must deduct income tax at source under Section 192 on estimated salary income (including perquisites where applicable) for FY 2017-18 by applying the prescribed slab rates, surcharge and education cesses; employers may elect to pay tax on non monetary perquisites at an average rate. Deductors must quote and use TAN/PAN, deposit TDS within prescribed timelines (or seek quarterly permission), file quarterly Form 24Q, issue Form 16 (Part A via TRACES), maintain specified evidence (Forms 12BA/12BB/10E) for exemptions/deductions, apply Section 206AA when PAN is absent, and observe valuation, reporting, correction and penalty rules set out in the circular. en-us Tue, 05 Dec 2017 00:00:00 +0530 Wed, 11 Feb 2026 15:57:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56595 Employers must deduct income tax at source under Section 192 on estimated salary income (including perquisites where applicable) for FY 2017-18 by applying the prescribed slab rates, surcharge and education cesses; employers may elect to pay tax on non monetary perquisites at an average rate. Deductors must quote and use TAN/PAN, deposit TDS within prescribed timelines (or seek quarterly permission), file quarterly Form 24Q, issue Form 16 (Part A via TRACES), maintain specified evidence (Forms 12BA/12BB/10E) for exemptions/deductions, apply Section 206AA when PAN is absent, and observe valuation, reporting, correction and penalty rules set out in the circular. Circulars Income Tax Tue, 05 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56595