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Deduction of income-tax at source--Section 194B of the Income-tax Act, 1961--Deduction from winnings from lottery or crossword puzzles--Rates of tax applicable during the Financial year 1983-84

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..... pplicable during the Financial year 1983-84 Circular No. 365 Dated 20/7/1983 From R.C. Handa, Director, Central Board of Direct Taxes. To All State Governments (including Union Territories Administrations, etc.). Subject : Deduction of income-tax at source--Section 194B of the Income-tax Act, 1961--Deduction from winnings from lottery or crossword puzzles--Rates of tax applicable du .....

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..... ant year. The rates of deduction of income-tax at source for the financial year 1983-84, specified in Part II of the First Schedule to the Finance Act, 1983, are as follows: Rates of income-tax including surcharge I. In the case of a person other than a company : (a) where the person is resident in India 33.75 per cent (IT 30 per cent + SC 3.75 per cent); (b) where the person is not resident .....

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..... of all concerned under the control of the State Government. 5. The copies of this circular will be available with the Director of Inspection (Research, Statistics & Public Relations), 6th floor, Mayur Bhawan, Connaught Circus, New Delhi-110 001. Extract from the Finance Act, 1983, Sub-Paragraph I of Paragraph A of Part II of the First Schedule Paragraph A Sub-Paragraph I In the case of eve .....

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..... ome exceeds Rs. 25,000 but does not exceed Rs. 30,000 Rs. 2,750 plus 35 per cent. of the amount by which the total income exceeds Rs. 25,000; (5) where the total income exceeds Rs. 30,000 but does not exceed Rs. 50,000 Rs. 4,500 plus 40 per cent. of the amount by which the total income exceeds Rs. 30,000; (6) where the total income exceeds Rs. 50,000 but does not exceed Rs. 60,000 Rs. 12,50 .....

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