Anticipatory Income Tax Statement 2022-23 Form - Summary
Anticipatory Income Tax Statement 2022-23 Form PDF can be download from the link given at the bottom of this page. When there is an increase in the total salary amount due to salary hike or interest or other allowances, the govt servants should give a revised anticipatory statement and revised income tax amount ought to be deducted from the salary of the following months.
As per the anticipatory income statement, one 12th of tax should be deducted in the salary bill of every month. If the income tax amount is not deducted from the income sources, 1% interest and 1.5% of interest for not being paid the tax amount should be remitted. Penalty can be levied upon the defaulters and those who reduce the amount that is to be deducted.
Anticipatory Income Tax Statement 2022-23 Form
You can download the Anticipatory Income Tax Statement 2022-23 Form PDF using the link given below.