Education cess on TDS
This query is : Resolved
02 August 2010
Sir,
please tell me the date from which TDS rates are been made flat i.e no education cess is applicable.
please tell me the date from which TDS rates are been made flat i.e no education cess is applicable.
02 August 2010
yes , e cess & she cess only applicable for tds on salary.
Message likes :
1 times
02 August 2010
Undermentioned provisions are applicable for Financial Year 2009-10 (A.Y. 2010-11) and w.e.f. 01.04.2009.
1. Surcharge:
No Surcharge on TDS in case of payment is made to Resident or Domestic Company
No Surcharge on TDS in case of payment is made to Non Resident other than Foreign Company
2.5% Surcharge on TDS if the recipient is a foreign company and amount exceeds Rs. 1 Crore.
2. Education Cess
No EC or SHEC on TDS in case of payment is made to Resident or Domestic Company [Other than Salary]
3% EC and SHEC (2% + 1%) on TDS in case of Salary
3% EC and SHEC (2% + 1%) on TDS in case of payment is made to Non Resident
Undermentioned provisions are applicable for Financial Year 2009-10 (A.Y. 2010-11) and w.e.f. 01.04.2009.
1. Surcharge:
No Surcharge on TDS in case of payment is made to Resident or Domestic Company
No Surcharge on TDS in case of payment is made to Non Resident other than Foreign Company
2.5% Surcharge on TDS if the recipient is a foreign company and amount exceeds Rs. 1 Crore.
2. Education Cess
No EC or SHEC on TDS in case of payment is made to Resident or Domestic Company [Other than Salary]
3% EC and SHEC (2% + 1%) on TDS in case of Salary
3% EC and SHEC (2% + 1%) on TDS in case of payment is made to Non Resident
Message likes :
1 times
02 August 2010
Except in case of TDS on salary u/s 192, TDS to be deducted at flat rate (without surcharge & E.cess) with effect from 01-10-2009.
Except in case of TDS on salary u/s 192, TDS to be deducted at flat rate (without surcharge & E.cess) with effect from 01-10-2009.
Message likes :
1 times
02 August 2010
New rates of TDS were made applicable from 1st Oct., 2009.
Edu.Cess or S.&Hi.Edu.Cess on TDS was discontinued on payments made to Residents or Domestic Company, except in the case of salary payments.
Edu.Cess or S.&Hi.Edu.Cess on TDS was discontinued on payments made to Residents or Domestic Company, except in the case of salary payments.
02 August 2010
Except Under section 192, TDS rate was made flat w.e.f 01/10/2009
02 August 2010
All rates applicable w.e.f. 1-4-2009 in my view, although finance (No.2) Act approval date is 19th, Aug 2009.
All rates applicable w.e.f. 1-4-2009 in my view, although finance (No.2) Act approval date is 19th, Aug 2009.
Message likes :
1 times
02 August 2010
CLICK ON BELOW LINK FOR SUPPORTING NO ED CESS ON TDS FROM 1ST APIRL 2009.
AMENDED TDS RATE ARE APPLICABLE FROM 1ST OCT 2009, BUT PROVISION FOR NO CESS & H.E.CSS IS FROM 1ST APIRL 2009.
https://www.simpletaxindia.org/2009/07/new-tds-rate-fy-09-10-after-budget.html
https://www.etaxindia.org/2009/10/surcharge-education-cess-shec-for-a-y-2010-2011.html
AMENDED TDS RATE ARE APPLICABLE FROM 1ST OCT 2009, BUT PROVISION FOR NO CESS & H.E.CSS IS FROM 1ST APIRL 2009.
https://www.simpletaxindia.org/2009/07/new-tds-rate-fy-09-10-after-budget.html
https://www.etaxindia.org/2009/10/surcharge-education-cess-shec-for-a-y-2010-2011.html
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Booth for sales promotion
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
