Deduction of tax at source--Income-tax deductions from salaries during 1977-78 - Income Tax - 214/1977

Deduction of tax at source--Income-tax deductions from salaries during 1977-78. Circular No. 214 Dated 30/3/1977 To All State Governments. Sir, Subject: Deduction of tax at source--Income-tax deductions from salaries during 1977-78. I am directed to invite a reference to this Department's Circular No.195 (F.No.275/47/76-ITJ)* dated March 25, 1976, on the subject of deduction of income-tax from salaries paid during the year 1976-77. 2. The Finance Bill, 1977, as introduced in Parliament, prescribes the same rates for deduction of tax from "Salaries" during the financial year 1977-78 as were in force during the financial year 1976-77. Hence, until further instructions, tax at source from salaries may be deducted at the same rates as are given in Part III of the First Schedule to the Finance Act, 1976. 3. This may please be brought to the notice of all the disbursing officers and State undertakings under the control of the State Government. Yours faithfully, (Sd.) S.R. Wadhwa, Secretary, Central Board of Direct Taxes.