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Surcharge on TDS

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23 July 2008 Kindly let me know the rule for considering Surcharge in TDS rates.

Suppose we are paying rent to any person and the total amount of rent to be paid within that F/Y doesn't exceed the limit of 1 crore /10 lakh or whatever the limit of income for cosidering surcharge .Then in this case are we supposed to deduct TDS @ higher rate ,considering surcharge also ???

24 July 2008 For TDS there is no question of any limit for surcharge other than in the case of salaries and individuals.

24 July 2008 As per TDS rate, it is including the surcharge for the persons other than individual and HUF. i.e. no any limit prescribed.


24 July 2008 For applicability of surcharge on a payment you should have to consider the limit of 1 crore/10 lakh.



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