Is Education cess and Secondary higher education cess included while deducting TDS on other than salaries before 1st october, 2009. please reply..
Sudhakar
sudhakar reddy (Chartered Accountant) (50 Points)
11 September 2009Is Education cess and Secondary higher education cess included while deducting TDS on other than salaries before 1st october, 2009. please reply..
Sudhakar
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 11 September 2009
Cess will be included on the tds amount.
laxman suthar
(Asst. Manager Taxtation )
(329 Points)
Replied 11 September 2009
no both r not includ as per finiance act 2009 mention that cess & surcharge abolished from tds W.E. F. 1-4-2009
(answer is base on aug. CA journal's artical )
aurangzaib khan
(financial consultant)
(95 Points)
Replied 11 September 2009
BHAGYESH RAVANGE
(C.A Job)
(1528 Points)
Replied 11 September 2009
No EC or SHEC on TDS in case of payment is made to Resident or Domestic Company [Other than Salary]
3% EC and SHEC (2% + 1%) on TDS in case of Salary
3% EC and SHEC (2% + 1%) on TDS in case of payment is made to Non Resident