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TDS chart

vipul jain (EFFORTS NEVER FAIL) (2894 Points)

17 September 2011  

FAST TRACK------PROVISIONS RELATING TO TDS

REVISION TIME

SECTION NATURE OF PAYMENT PERSON RESPONSIBLE TO DEDUCT TAX RECIPIENT TIME OF DEDUCTION RATE OF TDS MAXIMUM AMOUNT UP TO WHICH TAX SHALL NOT BE DEDUCTED
192 Salary Employer Employee At the time of payment Average rate of tax Basic exemption limit
193 Interest on securities Payer of interest on securities Resident person At the time of payment or crediting the payee,, whichever is earlier 10%

Rs. 2500 (subject to certain conditions)



194 Dividend u/s 2(22)(e) Domestic company Resident person At the time of payment 10% Rs. 2500 (subject to certain conditions)
194A Interest other than interest on securities Any person other than individual and HUF whose accounts are not required to be audited during immediately preceding previous year Resident person At the time of payment or crediting the payee,, whichever is earlier 10%

Rs. 5000 (subject to certain conditions)


Rs. 10000 in case of Payment by bank

194B Winnings from lottery, crossword puzzles or card game & other game of sort Any person paying such income Any person At the time of payment 30%

w.e.f. 1-07-2010== up to10000


earlier up to 30-06-2010==5000

194BB Winning from horse races Any person paying such income Any person At the time of payment 30%

w.e.f. 1-07-2010== up to5000


earlier up to 30-06-2010==2500

194C Payment of contractor for carrying out any work (including supply of labour for carrying out any work) in pursuance of a contract between the contractor and a specified person Any specified person including individual and HUF whose accounts are required to be audited  during immediately previous year Resident contractor ( "contractor shall include sub-contract...Hence, contractor shall include sub-contractor)  At the time of payment or crediting the payee,, whichever is earlier

1%, if payee is an individual or HUF


2%, if payee is any other person 

w.e.f. 1-07-2010:-

  • Up to 30,000/- ( for an individual contract)

  • Aggregate up to75,000 for each payee.
  • Payment in course of business of plying, hiring, or leasing goods carriage, if PAN furnished

Earlier up to 30-06-2010:--

Rs. 20000 &50000 respectively)

194D Insurance commission Any person Resident At the time of payment or crediting the payee,, whichever is earlier 10%

w.e.f. 1-07-2010== up to20000


earlier up to 30-06-2010==5000

194E Payment to sports person Any person paying specified income Non- resident foreign citizen sportsman or sports association At the time of payment or crediting the payee,, whichever is earlier 10% Nil
194G commission eic. on sale of lottery tickets  Any person paying commission on lottery tickets Any person At the time of payment or crediting the payee,, whichever is earlier 10% Up to10,000
194H commession (other than insurance) Any person other than individual and HUF whose accounts are not required to be audited during immediately preceding previous year Resident person At the time of payment or crediting the payee,, whichever is earlier 10%

w.e.f. 1-07-2010== up to5000


earlier up to 30-06-2010==2500

194I Rent Any person other than individual and HUF whose accounts are not required to be audited during immediately preceding previous year Resident person At the time of payment or crediting the payee,, whichever is earlier

Rent for use of any machinery or plant or equipment :-- 2%


Any other case :-- 10%

w.e.f. 1-07-2010== up to1,80,000 during a financial year


earlier up to 30-06-2010==1,20,000

194J Professioanl or technical services  Any person other than individual and HUF whose accounts are not required to be audited during immediately preceding previous year Resident person At the time of payment or crediting the payee,, whichever is earlier 10%

w.e.f. 1-07-2010== up to30,000 during a financial year for each kind of payment separately


earlier up to 30-06-2010==20,000

194LA compensation for compulsory acquisition of immovable prop.( other than agro land) Any person responsible for such payment Resident At the time of payment in cash or by cheque or draft or by other mode, whichever is earlier 10% Up to1,00,000 during a financial year
195 Any sum ( other than income taxable as 'salary') Any person
  • Non- resident

  • Foreign company
At the time of payment or crediting the payee,, whichever is earlier As specifies by the Finance Act Nil
196B LTCG on units referred u/s 115AB Any person responsible for payment reffered in sec. 115AB An offshore Fund At the time of payment or crediting the payee,, whichever is earlier 10% Nil
196C Interest or LTCG on Bonds or GDRs referred u/s 115AC Any person responsible for payment reffered in sec. 115AC Non-Resident At the time of payment or crediting the payee,, whichever is earlier 10% Nil
196D Income for securities reffered u/s 115AD(1)(a) Any person responsible for payment reffered in sec. 115AD(1)(a) Foreign Institutional Investor At the time of payment or crediting the payee,, whichever is earlier 20% Nil



GOOD LUCK FOR EXAMS FRNDS.....CHAK DE ICAI



 

KUCH LINES APAN SAB KE LIYE----



"Parindo ko nahi di jati taalem udaaono ki,

woh khud hi tay karte h manzil asmno ki,

Rakta h jo hosla asman ko chune ka,

Usko nahi hoti parwah gir jane ki."

 

 


 32 Replies

varahi (STUDENT) (2373 Points)
Replied 17 September 2011

thank u so much:):)

hav happy dayss my frnds:):) 

1 Like

Vijay (Adamo Studio) (2112 Points)
Replied 17 September 2011

Thanks for sharing. If anybody having problem viewing this as i m havin , please find the attached file.


Attached File : 525859 831561 tds rate chart fy 11 12.pdf downloaded: 298 times
5 Like

Rahul Bansal (Finalist) (35924 Points)
Replied 17 September 2011

Zo insaan dusro ki help karta hai....vo insaan hamesha zindagi ki nayi uchaaiyon ko haasil karta hai....


tu unme se ek ho.....


thanks for sharing dost.....:)

3 Like

vipul jain (EFFORTS NEVER FAIL) (2894 Points)
Replied 17 September 2011

Originally posted by : Rahul Bansal

Zo insaan dusro ki help karta hai....vo insaan hamesha zindagi ki nayi uchaaiyon ko haasil karta hai....





tu unme se ek ho.....





thanks for sharing dost.....:)
 

 

THANKS RAHUL BHAYIA....... 

Manjul Soni. (CA Student.) (1407 Points)
Replied 17 September 2011

Thanks Vipul Bhai ...............

1 Like

CA Rajat Jain (CA) (1672 Points)
Replied 17 September 2011

thnx vipul

Manjul Soni. (CA Student.) (1407 Points)
Replied 17 September 2011

Thanks Vipul Bhai ...............

vipul jain (EFFORTS NEVER FAIL) (2894 Points)
Replied 17 September 2011

 

THANKS TO ALLLLL

 

WISH U LUCK

Lakshmi (Student) (1835 Points)
Replied 17 September 2011

Thanks for sharing

1 Like

RG - A Helping Hand (Company Secretary) (13867 Points)
Replied 17 September 2011

This is truly an exceptional work bro. keep it up.

1 Like

SANYAM ARORA (“It's hard to beat a person who never gives up.”)   (20158 Points)
Replied 17 September 2011

Thanks  a lot vipul bro 4 sharing.......!!!!!!

All the very best to you........!!!!!!!

@ ! @

SANYAM ARORA (“It's hard to beat a person who never gives up.”)   (20158 Points)
Replied 17 September 2011

Bookmarked bro.....!!!!

@ ! @

Ravindra kumar (student) (87 Points)
Replied 17 September 2011

Thank you big brother regarding to this good post.

yashika jain (Working with Accenture) (43 Points)
Replied 17 September 2011

THANK U 

VIPUL BHAI

ALWAYS DO SUPPORT


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