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Deduction of tax at source-Income-tax deduction from salaries during the financial year 1984-85 under section 192 of the Income-tax Act, 1961-Regarding

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..... d 8/2/1985 From Shri B. Nagarajan, Secretary, C.B.D.T. To All State Governments (including Admn. of Union Territories). Subject: Deduction of tax at source-Income-tax deduction from salaries during the financial year 1984-85 under section 192 of the Income-tax Act, 1961-Regarding. Sir, I am directed to refer to this Ministry's C .....

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..... ule 3A, has been inserted in the Income-tax Rules, 1962, laying down the manner in which the interest in respect of the loan referred to in section 17(2)(vi) of the Income-tax Act, 1961, shall be calculated. The said rule 3A, provides that interest for the purposes of the said section shall be calculated at the rate specified by the Central Government on the amount of loan remaining outstanding as .....

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