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    Income Tax Act - TDS Rates

    Uploaded by

    Susvitha Sankar

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    © All Rights Reserved
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    Income Tax Act - TDS Rates

    Uploaded by

    Susvitha Sankar
    8 views1 page

    Original Title

    Income Tax Act - TDS Rates (1)

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    Copyright:

    © All Rights Reserved
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    8 views1 page

    Income Tax Act - TDS Rates

    Uploaded by

    Susvitha Sankar

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    2.

    TDS Rates:

    Sl. Threshold Limit


    Particulars TDS Rate
    No. (Rs.)
    When PAN is When PAN is not
    submitted submitted

    TDS on Payment of Interest on Deposits u/s 40,000/- p.a.


    1 194A (including RD) (50,000/- p.a. for Senior 10% 20%
    Citizen)

    31.20% ( TDS will be deducted even if


    TDS on Payment of Interest to Non-Resident the
    2
    on NRO SB or NRO Term Deposit u/s 195. amount of interest is less than Rs
    40000/-).

    TDS on Payments to contractors / sub-


    1%
    contractors including advertisement Rs 30,000 (Single 20%
    3 payment) or 1,00,000/-
    2%
    a. Individual / Sole Proprietorship / HUF p.a. 20%
    b. Others (i.e. Company / Firms

    TDS on Commission or brokerage payable


    4 15,000/- p.a. 5% 20%
    u/s 194H.

    TDS on Rent payable u/s194-I a. for the use


    10% 20%
    of any land or building or furniture or fittings 2,40,000/- p.a. (per
    5
    a. for the use of any machinery or plant or person / per PAN)
    2% 20%
    equipment

    TDS on the amount paid for the purchase of


    6 50,00,000/- 1% 20%
    immovable property u/s 194IA

    1|Page

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