Dear friends..
Is Surcharge abolished only for individuals or for all (firm,co. etc.)??
Incase of TDS on commission 194H - 10% + Ec. for Individuals ......is it same for companies and firm???
what is the S.C. for foreign companies???
C.Balaji (Learner) (1867 Points)
04 February 2010Dear friends..
Is Surcharge abolished only for individuals or for all (firm,co. etc.)??
Incase of TDS on commission 194H - 10% + Ec. for Individuals ......is it same for companies and firm???
what is the S.C. for foreign companies???
Amir
(Learner)
(4016 Points)
Replied 04 February 2010
Dear Balaji,
VARIOUS SITUATION FOR APPLICABILITY OF SURCHARGE/ CESS ON TDS |
||||
STATUS | PAYMENT | SUR CHARGE | CESS | |
Resident | Corporate | Other than Salaries | N | N |
Resident | Non-corporate | Other than Salaries | N | N |
Resident | Non- Corporate | Salaries | N | Y |
Non-Resident | Corporate | <= 1 crore | N | Y |
Non-Resident | Corporate | > 1 crore | Y | Y |
Non-Resident | Non-Corporate | N | Y |
Amir
(Learner)
(4016 Points)
Replied 04 February 2010
Dear Balaji
Surcharge on Foreign Companies is 2.5%
C.Balaji
(Learner)
(1867 Points)
Replied 04 February 2010
Mr.Amir
I thought you will be the first one to post ....and i'm right...
and regarding query i think i'm cleared...
still i have any query i'll ask them...
Thank you brother....