Provisions of section 192(1) ,201(1A),Income Tax Act.

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....o receive tax free salary and the tax on his income chargeable under the head "salary" was to be paid by the company to the Central Government. The agreement was approved by the Central Government u/s 10(6) (vii) (a) (ii) of the Income-tax Act, 1961. The tax due on the "salary" for the period from 5th December 1965 to 4th December 1970 was paid only in financial year 1971-72 by the assessee after ....