TDS


08 October 2010 Respected Experts
Please help me to solve this case.
If a party has made payment exceeding Rs.1 crore during F.Y. 08-09 then what would be the provision regarding applicability of surcharge.
Please explain in detail with reference to section no.

TThankyou.

08 October 2010 SURCHARGE @ 10% WAS APPLICABLE ON THE TDS DURING THE FY 08.09. IF PAYMENT HAS BEEN MADE TO CORPORATE ASSESSEE

08 October 2010 Thankyou sir.
Further my query is that we have already paid Rs.9900000 and then a payment of Rs.300000 has been made so on what amount surcharge should be charged Rs.300000 or 200000?
Please provide the section applicable.




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