Corrigendem - Income Tax - 342/1982

Corrigendem Circular No. 342 Dated 14/9/1982 Subject : Deduction of tax at source--Income-tax deduction from salaries during the financial year 1982-83 under section 192 of the Income-tax Act, 1961. In Circular No. 342 [F.No. 275/16/82-IT(B)] dated the 19th May, 1982, ([1982] 135 ITR (St.) 94) on the above subject, a few printing and other inadvertent mistakes have been noticed as detailed below: ------------------------------------------------------------------------ Page Item Line No. For It should be read as No. ------------------------------------------------------------------------ 7 (vii) last line "(vii) above." "(vi) above." 15 (xvi) first line "persons" "person" Para 5, first line "if" "it" 25 Step 7 of the "Rs. 50,480" "Rs. 59,480" example figure in the bracketed portion. 29 Step 8, line 9 "Rs. 30,000" "Rs. 40,000" (See [1982] 135 ITR (St.) 108, line 21) 31 Step 6, last line "Rs. 8,500" "Rs. 8,000" Step 8 "Tax payable "Tax payable thereon thereon (30% (Rs. 3,000 plus 34% of of excess over excess over Rs. 25,000 Rs. 15,000 i.e., i.e., 1,600)...3,544" 11,600)...3,480" (See [1982] 135 ITR (St.) 109, item 8) Step 9 "348" "354.40" (See [1982] 135 ITR (St.) 109, item 9) Step 10 "3,828" "3,898.40 or 3,898" (See [1982] 135 ITR (St.) 109, item 10) Last line on the "Rs. 319" "Rs. 325" (See [1982] page 135 ITR (St.) 109 last line). The above corrections may please be made in the printed copy of the circular. Similar mistakes, if any, in the Hindi translation may please be corrected accordingly. (Sd.) R.C. Handa, Secretary, Central Board of Direct Taxes.