What is the TDS rate under section 194A, applicable from 1.10.2009?
Is the same applicable for individual as well as companies?
Also, is bifurcation of status not there from 1.10.2009 for few sections?
Please reply.
If possible please send any official website to check the same.
| Originally posted by : sonam agarwal | ||
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What is the TDS rate under section 194A, applicable from 1.10.2009? Is the same applicable for individual as well as companies? Also, is bifurcation of status not there from 1.10.2009 for few sections? Please reply. If possible please send any official website to check the same. |
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TDS Rate Chart Assessment Year : 2010-2011 Financial Year : 2009-2010 |
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Particulars
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Individual / HUF
|
Domestic Company / Firm
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Criteria for Deduction
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| Nature of Payments |
Section Code
|
Rate
|
Rate
|
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| 1. Salary |
192
|
As per the prescribe rates applicable to Individual / Women & Senior Citizens
|
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| 2. Interest other than Interest on Securities |
194A
|
10
|
10
|
Payment in excess of
Rs 5,000/- p.a. |
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| 3. Winning from Lotteries & Puzzles |
194B
|
30
|
30
|
|
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| 4. Payment to Contractors |
194C
|
1a
|
2
|
Payment in excess of
Rs 20,000/- per contract or Rs. 50,000/- p.a. |
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| 4.1 Payment to Adverting / Sub Contractors |
194C
|
1b
|
2b
|
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| 5. Insurance Commision |
194D
|
10
|
10
|
|
||
|
6. Commision & Brokerage |
194H
|
10
|
10
|
Payment in excess of
Rs 2,500/- p.a. |
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| 7. Rent - Land & Building |
194I
|
10c
|
10d
|
Payment in excess of
Rs 1,20,000/- p.a. |
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| 7.1 Rent - Plant & Machinery |
194I
|
2e
|
2e
|
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| 8. Professional Fees & Technical Services |
194J
|
10
|
10
|
Payment in excess of
Rs 20,000/- p.a. |
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Please note that
1. Surcharge is only applicable in case of payment to foreign company when payment is more than 1 crore. 2. Education cess is applicable only in case of Salary TDS and in case of payment to non-resident or foreign company. a. Before 01-10-2009 IT - 2 b. Before 01-10-2009 IT - 1 c. Before 01-10-2009 IT - 15 d. Before 01-10-2009 IT - 20 e. Before 01-10-2009 IT - 10 Download : TDS Rate Chart (PDF format) |
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