TDS rates applicable for the fy2011-212

Rates of TDS for major nature of payments for the Financial Year 2010-11

Particulars

Rates from 1.4.10 to 31.03.2011

Section

Nature of Payment

Criteria for Deduction

(payment in excess of) upto

30th June 2010

Criteria for Deduction (payment in excess of) w.e.f. 1st July 2010

If the recipient is a Company, Co- operative Society, Firm

If recipient is an Indivudual or HUF

194 A

Interest from a Banking Company

Rs.10,000/- p.a

Rs.10,000/- p.a

10.00

10.00

194 A

Interest other than from a Banking

Co.

Rs.5,000/- p.a

Rs.5,000/- p.a

10.00

10.00

194 C

Contractors

Rs.20,000/- per contract or

Rs.50,000/- p.a

Rs.30,000/- per contract or Rs.75,000/- p.a

2.00*

1.00*

194 H

Commission or Brokerage

Rs.2500/- p.a

Rs.5,000/- p.a

10.00

10.00

194 I

Rent other than Plant, Mach.& Eqp.

Rs.1,20,000/- p.a

Rs.1,80,000/- p.a

10.00

10.00

194 I

Rent of Plant , Machinery & Equipments

Rs.1,20,000/- p.a

Rs.1,80,000/- p.a

2.00

2.00

194 J

Professional Charges

Rs.20,000/- p.a

Rs.30,000/- p.a

10.00

10.00