26 June 2008
can anybody confirm that whether surcharge is leviable if the Payment or INCOME of party does not cross the respective limits of 1 crore and 10 lacs.thanks in advance
28 June 2008
thanks for the reply jitender but my question is what is this limit ...what is this limit of 1 crore and 10 lacs..is it turnover/ income of party whose Tds we are deducting or is this the amount of payment(if payment to that party exceeds limitys then only levy surcharge)
CAclubindia
