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December 2008

Clarifications on TDS from salary for the financial year 2008-09 : CBDT Circular no. 9/2008 dated 29-9-2008.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Chartered Accountants
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8 Clarifications on TDS from salary for the
financial year 2008-09 : CBDT Circular no. 9/2008 dated 29-9-2008.


The CBDT has issued a detailed annual Circular on tax
deduction at source from salaries, which outlines estimations to be made while
computing salary income, the deductions available, the procedural aspects,
calculation of TDS on arrears of salary, etc.

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