TDS/ TCS Rate Chart Fy 10-11

CMA. CS. Sanjay Gupta ("PROUD TO BE AN INDIAN")   (114225 Points)

21 October 2010  

TDS / TCS RATES  FOR F.Y. 2010-11

(w.e.f.  1st July, 2010)

 
 
 
   Section  Nature of Payment  Threshold Limit of Payment  Individual /HUF  Others
1 192

Income from Salary

 Women

  Rs. 1,90,000 Average rate of Tax + edu. Cess (no surcharge) Not Applicable

 Senior Citizen

  Rs. 2,40,000
 Others  Rs. 1,60,000
2 194A

Interest from a Banking Company

 Rs. 10,000 per annum

10% 10%
3 194A

Interest other than from a Banking Co.

 Rs. 5,000 per annum

 10% 10%
4 194C

Payment to Contractors; Sub-contractor; Advertising Contractors

 Rs. 30,000 per contract (or)  

 1% 2%

 Rs. 75,000 per annum
5 194-I

Rent on Plant / Machinery

 Rs. 1,80,000 per annum 2% 2%
6 194-I

Rent Other then Plant / Machinery

 Rs. 1,80,000 per annum

 10% 10%
7 194J

Fees for Professional / Technical Services

 Rs. 30,000 per annum

 10% 10%
8 194B

Winning from Lotteries & Puzzles

 Rs. 10,000 per annum 30% 30%
9 194BB

Winning from Horse Races

  Rs. 5,000 per annum 30% 30%
10 194E

Non-resident Sportsman or Sports Association

  - 10% 10%
11 194D

Insurance Commission

 Rs.20,000 per annum

 10% 10%
12 194G

Commission on Sale of Lottery Tickets

 Rs.1000

 10% 10%
13 194H

Commission/Brokerage

 Rs. 5,000 per annum

10% 10%
14 206C

Scrap

 -

 1% 1%
15 206C

Tendu Leaves

 -

 5% 5%
16 206C

Timber obtained under a forest lease or other mode

 -

 2.50% 2.50%
17 206C

Any other forest produce not being a Timber or tendu leave

 -

 2.50% 2.50%
18 206C

Alcoholic Liquor for Human Consumption

 -

 1% 1%
19 206C

Packing lot, toll plaza, mining & quarrying

 -

 2% 2%

 

Interest on delay in deposit of tax after deduction

 
Stage of deduction

Existing Rate Upto 30.06.2010

 

New Rate w.e.f. 01.07.2010

From date when deductible till actual deduction

  1%  1%

From date of deduction till payment

  1%

 1.5%