SURCHARGE ON TDS

Kumar Gaurav (Going...to be C.A soon...)   (1624 Points)

04 August 2007  

HELLO,

i have to give rent payment to a private co. so plz tell me whether i have to deduct surcharge tax on payment or not?

and what is the meaning of (surcharge should be deducted when co. income exceeds Rs. 1 crore.)

 

Thanks