Is education cess applicable on TDS made on foreign payments where the deductee has no PAN. Is tax deductible 20% or 20.6% in this case? Please guide in this regard.
Is education cess applicable on TDS made on foreign payments where the deductee has no PAN. Is tax deductible 20% or 20.6% in this case? Please guide in this regard.
It will be 20%
Not agree with Shivani
1. Cess (EC @ 2% & SHEC @ 1%) applicable only for TDS on salary and payments related to non-residents.
2.For others, no Cess is applicable.
Thanks for clarification Vishal.
Thank you very much guys for the clarifications.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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