do we have to pay education cess in challan 280 for advance tax and challan 281 for tds?
7 Replies
Gowtham
(Student CA IPC / IPCC)
(119 Points)
Replied 05 August 2013
cess is applicable on self assessment tax only
SIVASIVA
(FCA, Future CA)
(4935 Points)
Replied 05 August 2013
yes... you have to provide the break up of the total amount you pay.... you need to reverse work as the amount paid will be ROUND amount..
Mahavir Jain
(Student CA IPC / IPCC)
(28 Points)
Replied 06 August 2013
You have to pay cess for advance tax payment in form 280...and cess is also paid for tds under section 192 i.e.fokr salary only
CA Srikanth Yadav
(Chartered Accountant)
(3162 Points)
Replied 06 August 2013
You've to calculate the total tax payable (i.e., including cess). But it is not mandatory to provide the break of the same either in Challan 280 or in Challan 281. You can just put the whole amount (including cess) in the Income Tax Column only (in the Challan).
Grv Bst
(Service)
(125 Points)
Replied 06 August 2013
Advance tax is the same as self assessed tax (i.e., final tax). The only difference is that it is asked to be paid by certain assessees (whose income tax liability > Rs.10,000 in a FY) in installments during the year itself whereas self assessed at the end of the year by the rest. Any difference in tax can be paid/refunded at the time of self assessment. So, advance tax includes the EC.
On TDS part, I am furnishing the relevant extract ditto from my own notes which is as under:
Applicability of Surcharge and EC on the prescribed rates of TDS/TCS
In case of resident assessee:
|
S. No. |
Payee |
Surcharge |
EC |
|
1 |
Domestic Companies |
- |
- |
|
2 |
Any Other Assessee § Payment (for Salary) ≤ Rs.1 Crore § Payment (for Salary) > Rs.1 Crore § Payment (Other than Salary) |
- 10% - |
3% 3% - |
In case of non-resident assessee:
|
S. No. |
Payee |
Surcharge |
EC |
|
1 |
Foreign Companies · Payment ≤ Rs.1 Crore · Payment > Rs.1 Crore but ≤ Rs.10 Crores · Payment > Rs.10 Crores |
- 2% 5% |
3% 3% 3% |
|
2 |
Any Other Assessee · Payment ≤ Rs.1 Crore · Payment > Rs.1 Crore |
- 10% |
3% 3% |
Conclusion: You have to pay education cess on advance tax but in case of TDS only when applicable. The breakup is not required.
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