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Surcharge

TDS / TCS 921 views 13 replies

I deducted TDS for  (resident in West Bengal) 94I(Rent-For land), 94J(Technical service) and 94H(Comission) schedule this year (Financial year 2011-12) @ 10% respectively.

This is write or Wrong?

and also tell me that can I charge Education Cess also  .

Replies (13)

W.E.F 01/10/2009 Surcharge, Educess and Higher Edu Cess not charge while deduction TDS Except in case of TDS on Salary U/s 192

right

as per income tax amandement Education cess Can not be dedudted On TDs Payment made to resident

If Payment made NRI Then Edu. Cess Deduted

TDS Chart for the Financial Year 2010-2011.

yes,

     anjaly is correct

Originally posted by : Vikas Gupta

W.E.F 01/10/2009 Surcharge, Educess and Higher Edu Cess not charge while deduction TDS Except in case of TDS on Salary U/s 192

agreed                        

The TDS rate in case of resident  U/S 194 I (Rent-For land), 194J(Technical service) and 94H(Comission) is 10% for Financial year 2011-12 (20% in case of not  provinding the PAN)

So wrong of right steps is depend on the situation

Moreover no Educaton cess is required to deducted for above section for F.Y 2011-12.

Surcharge is applicable for the FY 2011-12 TDS on salary?

CESS IS NOT APPLICABLE ON TDS

Cess is applicable, i am asking about surcharge
 

Surcharge isnot applicable.

ok thanks Mr. sunil

you are right.


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