TDS
This query is : Resolved
md asif iqubal
(Querist)
05 August 2010
DEAR SIR,
IS SURCHARGE & CESS APPLICABLE ON RATE OF TDS FOR P.Y 2009-2010. ON PROFESSIONAL SERVICES ?
IS SURCHARGE & CESS APPLICABLE ON RATE OF TDS FOR P.Y 2009-2010. ON PROFESSIONAL SERVICES ?
Aditya Maheshwari
(Expert)
05 August 2010
W. e. f. 01.10.2009 no SURCHARGE & CESS on all TDS payments except u/s 192 on salary.
Message likes :
1 times
05 August 2010
SURCHARGES AND CESS HAS BEEN ABOLISHED W.E.F. 01.10.2009 ON TDS DEDUCTIONS UNDER ALL SECTIONS EXCEPT U/S 192 (TDS ON SALARIES)
Message likes :
1 times
VINOD ARORA
(Expert)
05 August 2010
Yes, upto 30-09-2009, EC & SC(select income band cases)both were atracted in TDS rate application. However, from 01-10-2009, no surcharge/cess on applicable on TDS on non-salary payments made to resident taxpayers (in the case of non-salary payments to non-residents, still both are applicable). From then on, TDS is deducted as per Basic rate only as given in the respective sections. However, education cess is to be deducted in the case of salary payments. Surcharge on individual and HUF assessees was also abolished for fy 2009-10.
Message likes :
1 times
taxindiaconnect
(Expert)
05 August 2010
Agree with the experts
CA. Pradeep Nayak
(Expert)
05 August 2010
W.E.F 01-10-2009, Surcharge & E.Cess is not applicable on TDS (except TDS on salary u/s 192) when the payment is made to a resident.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
