TDS on Salary

Hemant Jain (Article Assistant) (107 Points)

26 August 2009  

I have a query in respect of TDS to be deducted on Salary for the employees coming in higher bracket of Annual pay Greater than 10 Lakhs.
Whether the company should deduct the TDS including the Surcharge @ 10% or not.??

& on the same ground, Whether the company deducting TDS on other payments to individuals/HUF should consider the Surcharge @ 10% eg: Contract fees paying to an individual/HUF.

Should the company deduct the TDS at higher rate considering the Surcharge or should ignore the same as per the Revised Finance (No 2)2009.