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tds

Mohit Goyal (CA Student) (25 Points)

01 June 2010

TDS rates

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2 Replies

CA Shree Jain (Chartered Accountant) (1572 Points)
Replied 01 June 2010

TDS Rate Chart
Assessment Year : 2010-2011 Financial Year : 2009-2010

Particulars

Individual / HUF

Domestic Company / Firm

Criteria for Deduction

Nature of Payments

Section Code

Rate

1. Salary

192

As per the prescribe rates applicable to Individual / Women & Senior Citizens

2. Interest other than Interest on Securities

194A

Payment in excess of
Rs 5,000/- p.a.

3. Winning from Lotteries & Puzzles

194B

4. Payment to Contractors

194C

1^a

Payment in excess of
Rs 20,000/- per contract or Rs. 50,000/- p.a.

4.1 Payment to Adverting / Sub Contractors

194C

1^b

2^b

5. Insurance Commision

194D

6. Commision & Brokerage

194H

Payment in excess of
Rs 2,500/- p.a.

7. Rent - Land & Building

194I

10^c

10^d

Payment in excess of
Rs 1,20,000/- p.a.

7.1 Rent - Plant & Machinery

194I

2^e

8. Professional Fees & Technical Services

194J

Payment in excess of
Rs 20,000/- p.a.

Please note that
1. Surcharge is only applicable in case of payment to foreign company when payment is more than 1 crore.
2. Education cess is applicable only in case of Salary TDS and in case of payment to non-resident or foreign company.

a. Before 01-10-2009 IT - 2
b. Before 01-10-2009 IT - 1
c. Before 01-10-2009 IT - 15
d. Before 01-10-2009 IT - 20
e. Before 01-10-2009 IT - 10