Please tell me the effective date for the application of new TDS rates. Surcharge & Education cess is not required to be deducted on TDS as per The Finance Act passed on 19-08-2009. Is this applicable from 1.04.2009 pr 1.10.2009 or after 19.08.2009? Pls clear this confusion..
Menu
Applicability of New TDS Rates
Replies (11)
1.10.2009
Hi,
With effect from 01.10.2009
Are you sure? Because I had read that the non-application of surcharge & education cess is for F.Y. 2009-10 and hence, its benefit can be availed from 1.04.2009. Please confirm.
TDS Rates are effective from 1st October 2009.........
New Tds rate have been effected from 01.10.09
effective from 01.10.2009
Hi,
New TDS Rates Effective from 1.10.09
the new rates have been effected from 1.10.2009 but the non deduction of cess & surchage from 1.4.2009
Agree with Sushant.
Thank You for your replies..
But I think, like me, many others are also confused about the matter...There is still no consensus on the issue.
I have got the answer to my question... So, the answer for all of you who are still in the dark.. Sushant is right.. TDS rates are applicable from 1.10.2009 but the benefit of non-deduction of TDS can be availed from 1.04.2009. Thanx Sushant..
Recent Threads
- Social TV: Where Streaming Meets Real-Time Engagem
- Schedule AL 50lakh or 1cr ?
- ¿Creen que el mercado de fertilizantes en Col
- GST - Whether Credit andDebit Note needs to be giv
- S.57(iv) under New Tax Regime (115BAC(1A)) for MAC
- S.57(iv) under New Tax Regime (115BAC(1A)) for MAC
- Tax Liability on STCG and LTCG
- Guidance Required on Returning Defective Equipment
- AI and Chartered Accountancy: How Technology is Tr
- AY2024_25 old regime,AY 205_26 also old regime,Whe
Related Threads
CAclubindia
