Reg.TDS on Surcharge


07 August 2009

please gives me sugestion about Surcharge and cess abolished from 01.07.09 or 01.10.09 .

Harish Agrawal

07 August 2009 I presume that you are asking about abolition of Surcharge & Cess from the angle of Tax Deduction at Source.

Surcharge has been abolished from TDS, except where the deductee is non resident.

Education Cess has been abolished from TDS, except TDS from Salary and where the deductee is non resident.

As per the Finance Act, these provisions are effective w.e.f. 01-04-09.

However, sinnce the Bill was presented on 06-07-09, this date can be taken as the effective date.

Please seek more opinion.



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