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TDS Rate Enquiry

sonam agarwal (Aricle) (33 Points)

09 March 2010

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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1 Replies

ramajayam (ARTILCE) (144 Points)
Replied 09 March 2010

Originally posted by : sonam agarwal
	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.

TDS Rate Chart
Assessment Year : 2010-2011 Financial Year : 2009-2010

Particulars

Individual / HUF

Domestic Company / Firm

Criteria for Deduction

EasyTDS

Use EasyTDS for all your TDS requirements.

1. Salary / Others Computation
2. One time Master Creation
3. Automatic Calculation
4. Online Challan
5. Certificates
6. Electronic Returns
7. Inbuilt PAN verification as against Income Tax Database
8. Sign your cerficates digitally

Download Free Demo Version of EasyTDS fromwww.sensysindia.com

Nature of Payments

Section Code

Rate

1. Salary

192

As per the prescribe rates applicable to Individual / Women & Senior Citizens

2. Interest other than Interest on Securities

194A

Payment in excess of
Rs 5,000/- p.a.

3. Winning from Lotteries & Puzzles

194B

4. Payment to Contractors

194C

1^a

Payment in excess of
Rs 20,000/- per contract or Rs. 50,000/- p.a.

4.1 Payment to Adverting / Sub Contractors

194C

1^b

2^b

5. Insurance Commision

194D

6. Commision & Brokerage

194H

Payment in excess of
Rs 2,500/- p.a.

7. Rent - Land & Building

194I

10^c

10^d

Payment in excess of
Rs 1,20,000/- p.a.

7.1 Rent - Plant & Machinery

194I

2^e

8. Professional Fees & Technical Services

194J

Payment in excess of
Rs 20,000/- p.a.

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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