Barring the two cases given below, surcharge and education
cess will not be added to TDS with effect from April 1, 2009–
1. Under section 192, education cess and secondary and
higher education cess will be added to the rate of tax
deduction at source.
2. If the recipient is a foreign company and the payment
subject to TDS exceeds Rs. 1 crore, surcharge at the rate of
2.5 per cent will be applicable.
No comments:
Post a Comment