INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2022-23 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961.
INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2022-23 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961. Kendriya Vidyaya Sangathan has issued a letter regarding Income-Tax Deduction from Salaries during the Financial Year 2022-23 under section 192 of the Income-Tax Act 1961 vide letter no 110239/21 /2022/Budget/KVS(HQ) dated 13/12/2022 with the attached circular no 275/15/2022/IT(B) of Government of India, Ministry of Finance, Department of Revenue, Central block of Direct tax. Click Here for More Detail and Complete Circular in pdf. Click Here for More Detail and Complete Circular in pdf. Reference is invited to Circular No. 04/2022 dated 15.03.2022 whereby the rates of deduction of income-tax from the payment of income under the head "Salaries" under Section 192 of the Income-tax Act, 1961 (hereinafter the Act), during the financial year 2021-22, were intimated. The present Circular contains the rates of deduction of Income-tax from the payment of income ch