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Plz help-tds

CA Final 510 views 3 replies

HI,LIKE TDS ON SECURITIES IS 10% THEN IS CESS TO B APPLIED?LIKE IT SHUD B 10.3% OR  10% ONLY,PLZ REPLY SOON

Replies (3)

Cess is applicable only on salary TDS...

that means apart from salary on all other incomes respective rates will b flat rates no cess to b applied?like on winning from lottery it will b flat rate 30%?

 

No EC or SHEC on TDS in case of payment is made to Resident or Domestic Company [Other than Salary]

3% EC and SHEC (2% + 1%) on TDS in case of Salary

3% EC and SHEC (2% + 1%) on TDS in case of payment is made to Non Resident


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