TDS U/S 197

NR Seller of Property Apllied in form 13 and got TDS deduction Certificate U/S 197. Which Says Certificate rate 3% and Amount Rs.3400000(LTCG). Is surcharge and Education cess applicable on certificate TDS rate ?  (Sale Consideration and Stamp duty Value 7000000.)

Replies (2)
Quick Summary
A property seller received a TDS lower deduction certificate under Section 197, specifying a 3% rate for Long Term Capital Gains (LTCG) on a sale consideration of Rs. 34,00,000. The query is whether surcharge and education cess are applicable in addition to this certificate rate, given the total sale consideration and stamp duty value of Rs. 70,00,000.

Lower deduction certificate is only applicable to TDS rate

Mehul were you able to know that surchage and education cess are extra on top of % mentioned in certificate ?

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