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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

Date of ending of quarter of financial year
Due Date
30th June
31st July of the financial year
30th September
31st October of the financial year
31st December
31st January of the financial year
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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