Hi,
is there any surchrge removed from TDS, if yes then can u let me know its applicable from which period?
Amod Ranjan (Service) (356 Points)
17 July 2009Hi,
is there any surchrge removed from TDS, if yes then can u let me know its applicable from which period?
Sourabh Sharma
(CS CA (Final) M.com NCFM Derivative Capital Market Mutual Funds)
(771 Points)
Replied 17 July 2009
Surcharge is removed only for individuals and not for corporates and it is applicable from Financial year 2009 10
Anumanchipalli Sathikonda
(Tax Consultant)
(1559 Points)
Replied 17 July 2009
Mr.Amod Rnjan
and
Mr.Sourabh Sharma
The Finance Minister proposed to waive "secondary and higher education cess on income-tax" as per the proviso to subsection (12) of section (2) of Finace Bill. Please refer to Finance Bill.
Best Wishes
Sathikonda