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[Tax] CBDT issues Corrigendum to Circular No. 1/2017 on TDS from Salaries(Sec 192) for FY 2016-17(AY 2017-18)

CBDT Corrigendum dated 24th January, 2017Corrigendum to Circular No. 1/2017 dated 02.01.2017 on TDS under section 192 of Income-tax Act, 1961

1. In para 3.6.1 in clause (a) below the table at page 4 of the captioned Circular, the words "3 years" appearing in line 1 may be read as "5 years".

2. The table in para 4.9.1 on page 9 of the captioned Circular may be read as under:

TABLE: Due dates of filing Quarterly Statements in Form 24Q

Sl.
No.
Date of ending of quarter of financial year
Due Date
1
30th June
31st July of the financial year
2
30th September
31st October of the financial year
3
31st December
31st January of the financial year
4
31st March
31st May of the financial year immediately following the financial year in which the deduction is made

[Refer to Notification No. 30/2016 dated 29.4.2016]


3. In para 5.5.10 in clause (d) at page 26 of the captioned Circular, the words "Rs.2000/-" appearing in line 2 may be read as "Rs. 5000/-".

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