27 February 2010
Extention of Basic limit for non deduction of TDS.
Type Earlier Amendment TDS on Winning from Lottery and Cross Word Puzzle Rs. 5,000 Rs. 10,000 TDs on Winning from Horse Race Rs. 2,000 Rs. 5,000 TDS on 194 C contract Rs. 20,000 for single bill and Rs. 50,000 for aggregate payment Rs. 30,000 for single bill and Rs. 70,000 for aggregate payment. TDS on 194 D – Insurance Commission Rs. 5,000 Rs. 20,000 TDS on 194 H – Commission or Brokerage Rs. 2,500 Rs. 5,000 TDS on 194 I – Rent Rs. 120,000/Annum Rs. 180,000/Annum
TDS on 194 J – Professsion and Consultancy Rs. 20,000 Rs. 30,000