TDS rate for F.Y. 2008-09
This query is : Resolved
16 May 2008
What is the TDS rate on Brokerage on shares, Brokerage on Mutual Fund, Interest on FD ?
17 May 2008
tds rate is 10%+ec+shec for brokerage
interest on fd is 10%+ec+shec payments in excess of rs 5000/toindividual,huf,aop.
boi & to firms & ajp 20%+ec+shec
interest on fd is 10%+ec+shec payments in excess of rs 5000/toindividual,huf,aop.
boi & to firms & ajp 20%+ec+shec
17 May 2008
for asst. year 09-10,under sec 194H ,THE TDS ON COMMISSION OR BROKERAGE TO A RESIDENT IS @10 30%( FOR AGGREGATE PAYMENT BELOW RS.TEN LAKHS).INCL EDU.CESS.
THE TDS RATE IS 11.33% FOR AGGREGATE PAYMENT ABOVE RS. 10 LAKHS. (INCL.S.C+EDU.CESS.).
FOR INTEREST ON F.D(WHEN RECIPIENT IS OTHER THAN DOMESTIC CO.) , THE TDS RATE IS 10.3% WHEN INTEREST EXCEEDS RS. 10000/-P.A. (BELOW RS. 10 LAKHS AGGREGATE PAYMENT)
FOR ABOVE RS. 10 LAKHS AGGREGATE PAYMENTS TDS RATE IS 11.33%.
WHEN RECIPIENT IS DOMESTIC CO. INT. ON F.D ATTRACTS TDS @ @20.6% AND 22.66% RESPECTIVELY FOR BELOW AND ABOVE RS 10 LAKHS AGGREGATE PAYMENT.
R.V.RAO
THE TDS RATE IS 11.33% FOR AGGREGATE PAYMENT ABOVE RS. 10 LAKHS. (INCL.S.C+EDU.CESS.).
FOR INTEREST ON F.D(WHEN RECIPIENT IS OTHER THAN DOMESTIC CO.) , THE TDS RATE IS 10.3% WHEN INTEREST EXCEEDS RS. 10000/-P.A. (BELOW RS. 10 LAKHS AGGREGATE PAYMENT)
FOR ABOVE RS. 10 LAKHS AGGREGATE PAYMENTS TDS RATE IS 11.33%.
WHEN RECIPIENT IS DOMESTIC CO. INT. ON F.D ATTRACTS TDS @ @20.6% AND 22.66% RESPECTIVELY FOR BELOW AND ABOVE RS 10 LAKHS AGGREGATE PAYMENT.
R.V.RAO
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
