| TDS(tax deducted at Source) Rate chart For Financial Year 2010-11 | |||||
| Made To resident | Nature of payments | Threshhold Limit | Company, Firm, Co-op
Society,Local authority
|
HUF , Individual |
|
| Sr No. | Section | TDS Rates | |||
| 1 | 194A | Interest from a Banking company | 10000 | 10% | 10% |
| 194A | Interest other than from a Banking company | 5000 | 10% | 10% | |
| 2 | 194B | Winning from Lotteries | 10000 | 30% | 30% |
| 3 | 194 BB | Winning from Horse Race | 5000 | 30% | 30% |
| 4 | 194 C | Payment to Contractors,Pay to Advt /Sub-
Contractor, Payment to Transportor |
30000 (75000 in a year) | 2% | 1% |
| 5 | 194 D | Insurance Commission | 20000 | 10% | 10% |
| 6 | 194 H | Commission/Brokerage | 5000 | 10% | 10% |
| 7 | 194 I | Rent-property | 180000 | 10% | 10% |
| 194I | Rent-Plant / Machinery | 180000 | 2% | 2% | |
| 8 | 194J | Professional Fees | 30000 | 10% | 10% |
| Note -1 | For Section 194C Rs. 20000/30000 for single payment & Rs. 50000/75000 for aggregate Payment during a financial year. | ||||
| Note -2 | Payment Made to Transportor ,Tds is Not required If pan is provided By the Transportor. | ||||
| Note-3 | Surcharge and Cess Is not applicable on tds from 01.04.2009 on any payment made to resident. | ||||
| Note-4 | If pan not provided by the deductee then rate as per above table or 20% which ever is higher is to be charged.(effective from 01.04.2010 section
206AA) |
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March 26, 2011 at 12:55 pm |
Please mail me TDS applicable rate and rules for F.Y: 2011-12. My mail skpee@rediffmail.com
March 26, 2011 at 6:15 pm |
TDS rates for F.Y. 2011-12 are same as for F.Y. 2010-11.
March 26, 2011 at 12:57 pm |
Please mail me TDS applicable & Rules for F.Y: 2011-12