CORRIGENDUM - Income Tax Deduction from salaries during the F.Y. 2009-10 under section 192 of the Income Tax Act.

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..... he Income Tax Act. The undersigned is draw the attention on the Board's Circular No. 1/2010 dated 11th Jan, 2010 on the subject cited above. The following errata has been noticed which is rectified are as under:- (a) Circular No. mentioned in first page of the circular under General Category which is read as Circular No. 08/2007 dated 5.12.2007 may be read as Circular No. 09/2008 dated 29.09.2 .....

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..... s Rs 1,74,000 in place of Rs. 1,71,000 and the amount calculated under the head Education Cess@2% Secondary and Higher Education Cess @ 1% may be read as Rs. 3480 and Rs. 1740 in place of Rs. 3420 Rs. 1710 respectively. Accordingly, the total Income tax payable may be read as Rs. 1,79,220 in place of Rs. 1,76,310. (d) In Example - 5. The amount falls under Tax Payable Category may be read as Rs. 1 .....

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