Surcharge

Tax queries 374 views 3 replies

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???

Replies (3)

 

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

Dear Balaji

Surcharge on Foreign Companies is 2.5%

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....


CCI Pro

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