TDS


This query is : Resolved 

19 October 2010 Please tell me whether the present rate of TDS on Casual income is 30% or 30.9% i.e. education cess is levied at 30% or not.

19 October 2010 Education cess is applicable only in case of TDS in case of non-residents,foreign companies and on salary paid to residents.
Hence, TDS rate on casual income is 30% only.

20 October 2010 right..
earlier e.cess was applicable on TDS of residents upto july 09 but the same was removed thereafter.
cess on TDS of non residents is continued

20 October 2010 Thanks very much sir.


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