Education Cess on TDS

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gopi (Querist)
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12 August 2009 Dear Sir,

please clarify the following

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...

Thanks in advance.

Gokul

Gokul (Expert)
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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.

3) Pls. refer Finance Budjet 2009