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.
Menu
Cess on tds
Replies (4)
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.
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
