WebDec 9, 2024 · As per section 192 (1) of the Act, any person responsible for paying any income chargeable under the head “Salaries” shall, at the time of payment, deduct income-tax on the amount payable at the average rate of income-tax computed on the basis of the rates in force for the financial year in which the payment is made, on the estimated … WebApr 13, 2024 · Form No. 12B is used to furnish details of income under section 192(2) for the year. Subsection 2A: In case the assessee is liable to get relief under section 89, he has to submit/show the records suggesting such relief to the employer. The employer is then liable to deduct TDS after calculating the said relief from his total income.

10E Form for furnishing particulars of income under section 192 …

WebJun 11, 2024 · Section 192 of Income Tax Act – TDS on Salary Section. ... Relief under section 89 – Section 192(2A): In respect of salary payment made to employees of … shantee blain

Deduction of Tax from the "Salary" [Section 192]

WebForm for furnishing particulars of income under section 192(2A) for the year ending 31st. March,_____ for claiming relief under section 89(1) by a Government servant or an. employee in a company, co-operative society, local authority, university, institution, association. or body. Name and address of the employee : WebAs per section 192 (1) of the Act, any person responsible for paying any income chargeable under the head “Salaries” shall, at the time of payment, deduct income-tax on the amount payable at the average rate of income-tax computed on the basis of the rates in force for the financial year in which the payment is made, on the estimated income of … WebMar 8, 2024 · For furnishing particulars of income under section 192(2A) for the year ending 31st March, . for claiming relief on arrears under section 89 (1) Click / Tap for Fillable … shantee ghedi