TDS

This query is : Resolved 

25 October 2009 As per new Ammendement in IT Finance Bill 2009, Sucrcharges ands Education and Helath Cess will not be deduted from 1st April 2009?
am I reight?

25 October 2009 yes, but times passed forget before 1.10.09
now continue with new TDS rate

25 October 2009 From 1.10.2009 there will be no surcharge, cess on TDS.


25 October 2009 Yes.. w.e.f 1.10.2009, surchage & education cess will not be applicable on TDS

26 October 2009 w.e.f 1-10-09 New amendment on TDS is applicable not from 1-4-09.

26 October 2009 Surcharge And Edu Cess are applicable only on Foreign payments in case payment exceeds 1 crore during the year.

Education Cess is applicable on Foreign Payments and salary TDS both resident and non resident.

The above provisions are applicable from 01-04-09 but new TDS rates (Basic) are applicable from 01-10-09.

29 October 2009 wef 01/10/2009 except for TDS on salary



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries