I m here with requresting with you that i wanted to know that surcharge & education cess is applicable or not on the actual percentage which is ammended by the finance act w.e.f 1.10.2009 on TDS.
If there is any circular & notifications is there on this please get me that.
06 November 2009
No surcharge and cess on tax deducted on non-salary payments made to resident taxpayers.so now onwards(Tax should be deducted on Basic rate only given in respective section.No education cess or Surcharge is to be deducted except in the case of salary where Tax should be deducted after including the Education cess.Surcharge on individual and HUF assessee has already been abolished for full year fy 2009-10.
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