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Informative

CBDT Releases Circular on TDS Deduction from Salaries for FY 2024-25 u/s 192

Update / Judgement Date

21 Feb 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Income Tax

The CBDT has released a circular on TDS deduction from salaries for FY 2024-25 under Section 192. This circular provides detailed guidelines for employers on calculating and deducting TDS from employee salaries. It covers various aspects of TDS deductions, including applicable rates, exemptions, and deductions. The circular aims to ensure compliance with income tax regulations and accurate TDS deductions.