New TDS limit wef 01 july 2010
|
|
Section |
Nature of payment |
Existing threshold limit of payment (Rupees) |
Proposed threshold limit of payment (Rupees) |
|
1. |
194B |
Winnings from lottery or crossword puzzle |
5,000 |
10,000 |
|
2. |
194BB |
Winnings from horse race |
2,500 |
5,000 |
|
3. |
194C |
Payment to contractors |
20,000 (for a single transaction) |
30,000 (for a single transaction) |
|
|
|
|
50,000(for aggregate of transactions during transactions during financial year) |
75,000 (for aggregate of transactions during transactions during financial year) |
|
4. |
194D |
Insurance commission |
5,000 |
20,000 |
|
5. |
194H |
Commission or Brokerage |
2,500 |
5,000 |
|
6. |
194-I |
Rent |
1,20,000 |
1,80,000 |
|
7. |
194J |
Fees for professional or technical services |
20,000 |
30,000 |
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