WE HAVE PAID TECHNICAL FEES TO FOREIGN CO. OF U.K. AS PER INDIA & UK TREATY TAX IS APPLICABLE @ 10% . U/S 195.
MY QUESTION IS THAT WHETHER WE HAVE TO APPLY SURCHARE & EDU. CESS .
milind shirodkar (service) (81 Points)
01 December 2008WE HAVE PAID TECHNICAL FEES TO FOREIGN CO. OF U.K. AS PER INDIA & UK TREATY TAX IS APPLICABLE @ 10% . U/S 195.
MY QUESTION IS THAT WHETHER WE HAVE TO APPLY SURCHARE & EDU. CESS .
CA. Umang Sangal
(C.A )
(83 Points)
Replied 02 December 2008
| Originally posted by :milind shirodkar | ||
| " | In my opinion u should apply surcharge @ 2.5% bcoz on foreign co. surcharge is applicable @ 2.5% instead of 10%. Further issue of E.cess i`m not confirm about it. |
" |
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