Income Tax - Salaries - CBDT Issues TDS Circular
IT is customary for the CBDT to issue a circular on deductions, computation, TDS etc. on salaries, every year.
The present Circular contains the rates of deduction of income-tax from the payment of income chargeable under the head "Salaries" during the financial year 2014-15 and explains certain related provisions of the Income-tax Act.
CBDT CIRCULAR NO. 17/2014 [F.No. 275/192/2014-IT(B)], Dated: December 10, 2014