TDS
This query is : Resolved
25 October 2009
As per new Ammendement in IT Finance Bill 2009, Sucrcharges ands Education and Helath Cess will not be deduted from 1st April 2009?
am I reight?
am I reight?
25 October 2009
yes, but times passed forget before 1.10.09
now continue with new TDS rate
now continue with new TDS rate
25 October 2009
From 1.10.2009 there will be no surcharge, cess on TDS.
25 October 2009
Yes.. w.e.f 1.10.2009, surchage & education cess will not be applicable on TDS
26 October 2009
w.e.f 1-10-09 New amendment on TDS is applicable not from 1-4-09.
26 October 2009
Surcharge And Edu Cess are applicable only on Foreign payments in case payment exceeds 1 crore during the year.
Education Cess is applicable on Foreign Payments and salary TDS both resident and non resident.
The above provisions are applicable from 01-04-09 but new TDS rates (Basic) are applicable from 01-10-09.
Education Cess is applicable on Foreign Payments and salary TDS both resident and non resident.
The above provisions are applicable from 01-04-09 but new TDS rates (Basic) are applicable from 01-10-09.
29 October 2009
wef 01/10/2009 except for TDS on salary
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