TDS
This query is : Resolved
30 September 2009
Please let me know whether cess would be applicable on tds w.e.f 01.10.2009 as we deduct tds on payments to contractors @2% + cess @3% as a whole 2.06% ?
Please send me TDS rate chart for the F.Y 2009-10 w.e.f. 01.10.2009 my e-mail id is sankar.ckb@gmail.com
Please let me know whether cess would be applicable on tds w.e.f 01.10.2009 as we deduct tds on payments to contractors @2% + cess @3% as a whole 2.06% ?
Please send me TDS rate chart for the F.Y 2009-10 w.e.f. 01.10.2009 my e-mail id is sankar.ckb@gmail.com
30 September 2009
Surchage & cess are not applicable from 1.10.2009. The date is to decide the applicability of TDS provision & not the payment of TDS to govt. account.
For eg : TDS for the month of Sept 09, due date of deposit the tds will be 07-Oct. In such case u need to pay the tds along with surcharge & cess. Now TDS deducted for the month of oct 09 needs to be paid without surcharge & cess.
For eg : TDS for the month of Sept 09, due date of deposit the tds will be 07-Oct. In such case u need to pay the tds along with surcharge & cess. Now TDS deducted for the month of oct 09 needs to be paid without surcharge & cess.
30 September 2009
Beg to differ,
There is a gross misconception that Surcharge & Edu. Cess has been removed, so far as TDS is concerned w.e.f. 01.10.09.
A reading of the budget makes it amply clear that such a levy has been removed w.e.f. 01.04.2009.
There is a gross misconception that Surcharge & Edu. Cess has been removed, so far as TDS is concerned w.e.f. 01.10.09.
A reading of the budget makes it amply clear that such a levy has been removed w.e.f. 01.04.2009.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Disallowance of Section 43B(h) to sez units
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
