banner_ad

Reg. TDS dducted for frieght & Professional Services

This query is : Open 
Profile Image

Profile Image

(Querist)
08 May 2009 HI... This is Karun, Nwe user here.
I just want to know that if we are deducting TDS for Professional Charges from any Party's payment, how could we get that whether the party is coming undr the surcharge slab or not............

for example.....
ABC co. deducting TDS from the Professional Services provided by YZ & Co., a firm..... & now i dont know whether TDS cut should be 10.30% (without surcharge) or 11.33% (with surcharge).
Profile Image

CA MEENAKSHI MANGLA

Profile Image

CA MEENAKSHI MANGLA (Expert)
09 May 2009 when we contract from party it is estimated how much bill be raise or it is not estimated then we have to deposited surcharge with interest
Profile Image

taxindiaconnect

Profile Image

taxindiaconnect (Expert)
09 May 2009 If the estimated payment being made or likely to be made exceds Rs 0ne crore by you, you need to deduct surchage also. No need to add surcharge if the payment made is less the one crore.
Profile Image

Karun Dawar

Profile Image

Karun Dawar (Querist)
12 May 2009 Thanx for the reply....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
27 April 2026
Senior Accountant

Jyoti K agarwal & co

Mumbai

Others

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details