New TDS Rates

TDS 2401 views 12 replies

Hi, can you please tell New TDS Rates applicable from 1oct 2009

 

Replies (12)

 

Dear, dis is the new tds rate...
 Professional –   Rate is unchanged
 
 
 
Rent-               Rates applicable w.e.f. October 1, 2009:
 

For the use of plant, machinery or equipment
2%
For the use of land, building, furniture or fittings
10%

 
The rates are not to be increased by surcharge and education cess
 
 
Contractor-         Rates applicable w.e.f. October 1, 2009:
                               

Recipient
TDS Rate*
Individual / HUF
1%
Any other person
2%

 
                                *not to be increased by surcharge and education cess
                                Same rate of TDS for payments to both contractors & sub-contractors
 
 
Commission       Rate is unchanged
& Brokerage-    
 

hey whether surcharge and education cess shouldnot to be charged to all type od deductions or only for any specified ?

Plz go through the attached file............

what about tranporter?

thanks to everybody

thank you suhas

hi

pls check the attachment.

 

Originally posted by :Harish Eknath Suvarna
" Hi, can you please tell New TDS Rates applicable from 1oct 2009
 
"

And for the transport operator no TDS is deducted from 1st oct 2009, only if he furnishes PAN, other wise @ 2% , from 1st April 2010 @ 20% ,tax will be deducted

Pls find the attached file

on rent tds rate is now 10% whereas it was 15.45% (TO individual) and 20.60%( AOP/BOI/CO./FIRM/CO-OP SOC) AND 22.66% (OTHER INDL./CO. BOI/CO-OP. SOCIETY WITH PAYMENT ABOVE 10.00 LACS.

Hi,

While depositing the TDS under Sec 194I in the bank, We have wrongly mentioned our TAN No. 4 months ago.  When I checked with the bank they say, They can do any correction. 

What is the procedure to correct it?

 


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