RATE OF TDS U/S 194A
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 January 2010
IF PVT. LTD. CO. HAVE DEDUCT TDS U/S 194A @ 10% OF A PVT. LTD. CO BECAUSE THE INCOME OF PVT. LTD. CO. IS MORE THAN 1 CRORES. PLEASE LET ME KNOW WHETHER IS TRUE OR NOT WITH GENUINE REASON. AND IF IT IS WRONG WHICH RATE WILL APPLY AND WHAT WILL BE THE CONSEQUENES OF ABOVE APPLIED RATE.?
Ghanshyam T Jha
(Expert)
04 January 2010
Your TDS calculation rate is correct.
No Surcharge and Cess on Tax Deducted on non salary payment to resident tax payers.
No Surcharge and Cess on Tax Deducted on non salary payment to resident tax payers.
Heera Nahariya
(Expert)
04 January 2010
agree with the expert/
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