Deduction of TDS with Charge
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....eduction of TDS with Charge<br> Query (Issue) Started By: - Pradeep Jain Dated:- 18-9-2014 Last Reply Date:- 31-12-2015 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear Sir, We are engaging contractor....
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....s who are giving services to us under Individual capacity. We are not sure at the time of awarding contract that their services will exceed ₹ 1 cr. in one financial year. Under such circumsta....
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....nces, in case we find in Mar-15 that a particular such contractor has provided services of more than ₹ 100 lacs and therefore we are liable to deduct surcharge @ 10% on TDS. Our query ....
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....is that, whether we are required to pay 10% surcharge on entire TDS deducted in the whole financial year (14-15) and pay? Whether it will be treated as default in payment of surcharge (TDS) and do....
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.... we need to pay interest on delayed payment of surcharge? Regards Pradeep Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you have got clarified in the above issue? If not please inform.<br> D....
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