1) what is the effective date for removal of surcharge on personal taxation ? 2) whether education cess is applicable on TDS...if not applicable what is the effective date ? 3) pls provide any notification or circular regarding the effective date...
12 August 2009
1) Removal of surcharge on personal taxation is applicable for F.A.2009-10 so at the time of calculation of Tax for F.Y.2009-10 of personal income u should not charge surcharge.
2) Education cess is not applicable on TDS with effect from 01/10/2009.
CAclubindia
