article/ca final
161 Points
Joined September 2009
Dear, dis is the new tds rate...
Professional – Rate is unchanged
Rent- Rates applicable w.e.f. October 1, 2009:
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For the use of plant, machinery or equipment
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2%
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For the use of land, building, furniture or fittings
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10%
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The rates are not to be increased by surcharge and education cess
Contractor- Rates applicable w.e.f. October 1, 2009:
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Recipient
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TDS Rate*
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Individual / HUF
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1%
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Any other person
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2%
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*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-