A service provider submits his bill for Rs.100000/-. Let me know what amount of TDS I will have to deduct? Above Rs.20000/- income tax I will deduct @ 2% it comes Rs.2000/-. Should I deduct Surcharge and Education cess? If yes, at what are the rates of surcharge and education cess? kindly guide me.
Arabinda Deka
CAclubindia
