If we are making payment today i.e 11-08-2009 professional fees to a company Rs. 10 lacs having total income more than 1 crore in AY 2010-11 then new TDS rates including SC, E Cess, & S Ecess would be 11.33% or just 10% in view of withdrawal of SC, E Cess & H Cess from TDS payment w.e.f.01-04-2009?
Please reply as per current rates applicable.
Hi Rajesh,
Except for sec 192 and foreign recepient the the cess and sc will not be added wef 1st Apr, 2009.
Hi Rajesh,
Except for sec 192 and foreign recepient cess and sc shall not be added to TDS wef 1.04.09.
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