TDS

This query is : Resolved 

03 October 2009 WILL EDUCATION CESS BE DEDUCTED WHILE DEDUCTING TDS OF ANY PARTY???

03 October 2009 No surcharge and cess is to be added from 01.04.2009 on tax deducted on non-salary payments made to resident taxpayers.It means that Surcharges & cess is not be included in basic TDS rates ,while deduction tds , in case of payments to resident person/domestic company only .So in case of payment to Non resident and non -domestic company surcharge and Cess is also to be included while calculating TDS amount



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