OFFICE OF THE FINANCE OFFICER::TEZPUR UNIVERSITY
NAPAAM::TEZPUR – 784028
NOTIFICATION ON INCOME-TAX ASSESSMENT OF EMPLOYEES FOR 2009-10
Dt:-15th December, 2009
It is notified for information of all concerned that as per the provisions of Income Tax Act, 1961 (as amended by Finance Act, 2009), the Drawing and Disbursing Officer (DDO) is liable to deduct income tax at source (TDS) from salary income of the employees for the Financial Year 2009-10 (Assessment Year 2010-11). All employees of Tezpur University are requested to assess their tax liability in the prescribed format enclosed herewith for the financial year 2009-10 (also to include the arrear salary drawn as per Sixth CPC Recommendation) and submit the same to the undersigned on or before 15th January, 2010 for further necessary action.
In case of any difficulties Mr. S.C. Prusty, Deputy Registrar (Finance) may be contacted for help. Employees desirous of availing tax benefit under Sections- 24 (b), 80C, 80CCC, 80CCD, 80D, 80DD, 80E, 80G and 80U are required to submit sufficient documentary evidence.
For those employees who fail to provide their tax liability, the tax assessment will be done by the Finance wing and Tax due will be deducted from the January and February months’ salary directly without notice,. Also the employees who have not yet provided their PAN No. to Finance are to immediately provide the same without delay, otherwise this will delay in providing the FORM-16 to them as per the recent mandatory provisions of the Income Tax Act.
Also employees with annual gross salary of Rs.1,60,000/- or more must submit the declaration in the prescribed format within the stipulated time even if they have no tax liability. It may also be noted that those employees who are normally not coming under the purview of Income Tax may also be taxed because of the arrear salary (due to implementation of Sixth CPC Recommendations) drawn by them.
Sd/-
(Sri R. R. Bora)
Finance Officer
Memo No.TU/Fin/I.T./2009-10/ Dt:-15/12/2008