banner_ad

URGENT-TDS

Others 493 views 2 replies

Our Company is making royalty payment to foreign Company.

We are deducting TDS on the same.My question is do we also need to deduct education cess and SHEC??

 

 

Regards

Priya

Replies (2)

not require. It require only in case of salary.

dear priya

according to finance act 09 amendments there is no need to deduct cess amount on tds if the payment is made to resident tax payers.ur case is not covered under here.so u are required to deduct surcharge(if exceed rs.10000000) and cess amount as per my knowledge.

regards

tarun rustagi


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details