surcharge aplicability for TDS

Internal Audit 931 views 4 replies

actually surcharge is applicable for individual when actual payment exceeds 1000000. but how can we know to deduct the surcharege at the initial period  whether it exceeds 1000000 for annual ?

Replies (4)

no surcharge is not applicable for the Assessment Year 2010-11

Surcharge Not Applicable For A.Y. 2010-2011

in new tds rates surcharge &e.cess &shec is not applicable

the rate of tds will be 20% in all cases if pan is quoted by deductee w.e.f. 1.04.2010

1.10.2009 nil rate is applicable if transporter quote his pan. & if he does not quote his pan rate will be 1% for individual/huf and 2% for other transporter  

Surcharge N/A for A.Y. 2010-2011

fir kyo tension le rahe ho bhasker ji..


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register