TDS
This query is : Resolved
10 February 2010
From 01/10/2009 Whether Surcharge and Education Cess is to be deducted while deducting Tax at Source on Salary payable to Director of a Company?
Please clarify!
Please clarify!
10 February 2010
Yes, surcharge and education cess (as applicable) is to be deducted from salary while deducting TDS
10 February 2010
TDS is caluculated on the total amount of tax payable by the Employee and while Calculating tax liability, Surcharge and Edu cess is calculated on the Income Tax ..and the total amount is used for deducting TDS.
10 February 2010
For the AY 2010-11 the surcharge is not applicable for individual so only E.cess need to considered in TDS
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
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- EXPORT COMMERCIAL INVOICE HSN CODE
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- Journal entry of busniess expenses
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
