Surcharge on NRI's

Do we need to apply surcharge on TDS on  NRI redemption in case of a mutual fund - ?

 

And if it is not applicable also need the date from which surcharge is not applicable on TDS on  NRI Redemption

Replies (1)
surcharge is applicable for tds purpose only when receptient is a foriegn company and payment /credit subject to tds exceeds rs 1 crore. in no other case surcharges on TDS is applicable. effective from 01.04.09

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