sec 194A

Dear Shushant,

PLz ignore

Rate of TDS where payee is a company is 20%

Dear Mr.Amir.........

Is it not 10% for all ???? 194 A..........

as per my opinion 10% but now confusion

Originally posted by : C.Balaji
	Dear Mr.Amir......... Is it not 10% for all ???? 194 A..........

Post enactment of finance Act,2009........

It is 10% but waiting for Dear Amir brother Reply...........

Brother,

Where receipient is Company it is 20%............That's what I have written above........

but i have studied that......

If recipient is an individual or HUF - 10%

If recipient is a Domestic co. or Firm - 10%

Dear Friends,

Plz refer this link - n go through the profile of Respected Member , Sir Balasubramanyam

https://www.caclubindia.com/profile.asp?member_id=131817

Originally posted by : Amir
	Dear Friends, Plz refer this link - n go through the profile of Respected Member , Sir Balasubramanyam https://www.caclubindia.com/profile.asp?member_id=131817

 MY C.A ALSO TOLD ME THAT IT IS 10% BUT I HAD CONFUSION

https://www.caclubindia.com/forum/may-november-2010-attempts-70395.asp

please see this link brother.............

Checked with Tax print site and it is given as 10% on page 5, I am posting a link for you all to verify.

https://www.taxprintindia.com/18-taxation-charts/18-taxation-charts.html

Whenever in doubt, please refer to the legislative source. Part II of Schedule I the Finance Act 2009 clearly lays down that the rate of deduction in case of a domestic company on income by way of interest other than interest on securities will be 10%.

There can be no two opinions here. Rate is 10%. Period.

Agree with Anil sir..

Rate of TDS is 10% for all assesses

Sincere apologies friends the rate is 10%..........

Dear Sushanth

TDS Rate for Coy 1.4.2009 to 30.9.2010 -- 20%

TDS Rate for Coy 1.10.2009 to 31.3.2010 -- 10%

In ur case 10% is applicable..