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Applicability of educ. Cess and SHEC

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(Querist)
06 October 2009 Can you please confirm that the dedcution under Sec. 194 J is to be made @ 10 % and not 10.30 % since Educ. Cess and SHEC has been abolished under the Finance Bill 2009.

N K Chinoy
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
06 October 2009 Sir,

The abolition is confirmed.

Please refer to the following query and other related query on the subject on the forum.

https://www.caclubindia.com/experts/experts_message_display.asp?group_id=257325
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
06 October 2009 agree
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
06 October 2009 no cess

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