F.No. 275/192/2018-IT (B) : Corrigendum

• F.No. 275/192/2018-IT (8) Government of Indial 'l.fR(f I1t1-:r.~Cfl=I~ Ministry of Finance/ fcnr l4::1 I <:IQ Department of Revenue/('!IGj~ ~1WT) Central Board of Direct Taxes/(¢~q ~e-r ~ mil ****** North Block, New Delhi 18th January, 2019 CORRIGENDUM , Subject: Income-Tax Deduction from Salaries during the Financial Year 2018-19 under Section 192 of the Income-tax Act, 1961 -regarding. The undersigned is directed to refer to Circular NO.1/2019 dated 1st January, 2019 bearing file of even number on the above mentioned subject and to state that in Annexure-I from Examples from 1 to 8 referred to in pages from 47 to 55, "For Assessment Year 2018-19" may be read as "For Assessment Year 2019-20". In Annexure-I in Example 1 referred to in page 47, in Para A against serial No.(ii), "Rs. 5,00,000" may be read as " Rs. 4,00,000". In Annexure-I from Examples 1 to 10, referred to in pages 47 to 59, a deduction of Rs. 40,000 is allowed as standard deduction u/s 16(ia) of the Income- tax Act, 1961. The computation of total income and tax payable thereon will be accordingly modified. I :soOH'1'neep Si gh) Under Secretary to the Govt. of India Tele/Fax: 23094182 Mail: sandeep.singh68@nic.in