Surcharge rates u/s 194 for 2010-11

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BIBHASH RANJAN DEY CHOUDHURY (Querist)
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22 September 2011 Sir, I am still in doubt and unable to clear the following points.The rates of TDs for the FY 2010-11 under sec 194
194 C - contractor payment- 2%
194 H - commission/brokerage- 2%
194 I - rent on land and buildings - 10%
194 J - professional/technical services- 10%

Surcharges , Edn Cess, SHEC are not levied on the above mentioned sub sections. Please confirm the correctness and the date of waiving off. As no such brief orders displayed in IT department site.
Thanks & regards
bibhash ranjan

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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22 September 2011 1) Tax rate for 194H is 10% and not 2%.
2) Regarding levy of surchage, pl refer clause 2(5)/(6) along with part-11 of first schedule to the Finance Bill,2011.
3) Regarding levy of cess, pl refer proviso to clause 2 (11) / (12) of the Finance Bill,2011.

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