TDS Query

whether TDS on any expenses attract Surcharge for the period from Apr'09 to Sep'09 when the same is paid after oct'09 say during Dec'09.

The doubt is because specifically surcharge is removed after Sep'09 only

Replies (2)

dear sir

The provisiones of the surcharge are applicable if the payment is credited on or before september09 otherwise not applicable as per Section 206

The TDS required to be paid on the payment or on the credit of expnediture which ever is earlier. So if either the payment or the credit has been made earlier than september09 only then he is required to apply surcharge.

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