Tds/tcs rates chart for a.y. 2014-15 or f.y. 2013-14

Simran (Student) (1165 Points)

04 June 2013  

A. TDS Rate Chart for A Y 2014-15 on Payments other than Salary and Wages

 Section
No.

Nature of Payment

Threshold
Total Payment
During the Year

Payment to

Individual
or HUF

Others

193

 Interest on Debentures

Rs. 5000/-

10%

10%

194

 Deemed Dividend

-

10%

10%

194 A

 Interest by banks (Other than interest on securities)

Rs. 10000/-

10%

10%

194 A

 Interest by Others (Other than interest on securities)

Rs. 5000/-

10%

10%

194 B

 Winnings from Lotteries / Puzzle / Game

Rs. 10000/-

30%

30%

194 BB

 Winnings from Horse Race

Rs. 5000/-

30%

30%

194 C (1)

 Payment to Contractors

Rs. 30000/-

1%

2%

194 C (2)

 Payment to Sub-Contractors / for Advertisements

Rs. 30000/-

1%

2%

194 D

 Payment of Insurance Commission

Rs. 20000/-

10%

10%

194 EE

 Out of deposits under NSS

Rs. 2500/-

20%

NA

194 G

 Commission on Sale of Lottery tickets

Rs. 1000/-

10%

10%

194 H

 Commission or Brokerage

Rs. 5000/-

10%

10%

194 I

 Rent of Land, Building or Furniture

Rs. 180000/-

10%

10%

194 I

 Rent of Plant & Machinery

Rs. 180000/-

2%

2%

194 J

 Professional / technical services, royalty

Rs. 30000/-

10%

10%

194 J
(1)

 Remuneration / commission to director of the company

-

10%

10%
194 J (ba) w.e.f. 01 .07.2012, Any remuneration / fees / commission to a director of a company, other than those on which tax is deductible under section 192.

-

10%

10%

194 LA

 Compensation on acquisition of certain immovable property

Rs. 2,00,000/-

10%

10%

194 IA

 Compensation on transfer of certain immovable property other than agricultural land (w.e.f. 01 .06.2013)

Consideration is
Rs. 50 lakh or
more.

1%

1%

194LD

 Interest on certain bonds & Govt. securities (w.e.f. 01 .06.2013)  

5%

5%

 B. The Tax Collection at Source Rates for the Financial Year 2013-14 is tabulated below:

Sl. No.

Nature of Goods

Rates in %

1

 Alcoholic liquor for human Consumption

1

2

 Tendu leaves

5

3

 Timber obtained under forest lease

2.5

4

 Timber obtained by any mode other than a forest lease

2.5

5

 Any other forest produce not being timber or tendu leaves

2.5

6

 Scrap

1

7

 Parking lot

2

8

 Toll plaza

2

9

 Mining & Quarrying

2

10

 Minerals, being coal or lignite or iron ore

1

11

 Bullion or jewellery (if the sale consideration is paid in cash  exceeding INR 2 lakhs)

1