|
Section |
Nature of Payment |
Threshold Limit (in Rs.) |
An Individual, HUF, BOI, AOP Payments
|
Firm |
A Co-op.Soc., Local Authority |
Domestic Company |
Foreign Company
Payments
|
|
|
|
|
|
|
|
|
< 1
crore |
> 1
crore |
|
192 |
Salary |
* |
Normal
Rate |
N.A. |
N.A. |
N.A. |
N.A. |
N.A. |
|
* after considering deduction u/Ch VIA
– Male : Rs. 1,60,000; Female : Rs. 1,90,000; Senior citizen : Rs.
2,40,000 |
|
193 |
Interest on
Securities
(i) Interest on
Debentures or
securities (Listed) |
2,500 |
10 |
10 |
10 |
10 |
20.6 |
21.115 |
|
|
(ii)
Interest on 8% Savings
(Taxable) Bonds,
2003 |
10,000
|
10 |
10 |
10 |
10 |
20.6 |
21.115 |
|
|
(iii) Any
Other
Interest on
securities
(Unlisted) |
Any Amount
|
10 |
10 |
10 |
10 |
20.6 |
21.115 |
|
194 |
Dividend
other than dividend covered by Section 115-O |
2,500
|
10 |
10 |
10 |
10 |
20.6 |
21.115 |
|
194A |
Interest
other than interest on securities (cases other than below) -Where
the payer is- |
5,000
|
10 |
10
|
10 |
10 |
20.6 |
21.115 |
|
|
(I) Banking
company |
10,000
|
10 |
10 |
10 |
10 |
20.6 |
21.115 |
|
|
(ii)
Co-operative
Society engaged
in banking |
10,000
|
10 |
10
|
10 |
10 |
20.6 |
21.115 |
|
|
(iii) Post
office under a deposit scheme a deposit scheme framed by Central
Government |
10,000
|
10 |
10 |
10 |
10 |
20.6 |
21.115 |
|
194B |
Winning
from Lotteries |
5,000 |
30
|
30 |
30 |
30
|
30.9 |
31.673 |
|
194BB |
Winnings
from Horse Races |
2,500
|
30 |
30 |
30 |
30
|
30.9 |
31.673 |
|
194C |
Payment to
Contractors |
20,000**
for all cases |
|
|
|
|
|
|
|
|
A Up
to 30.09.2009 Advertisement
Contracts |
|
1 |
1
|
1 |
1 |
1.03 |
1.088 |
|
Sub-Contractors Payments |
|
1 |
1 |
1 |
1
|
1.03 |
1.088 |
|
Other
Contracts |
|
2 |
2 |
2 |
2 |
2.06 |
2.175 |
|
B
W.E.F. 1.10.2009 All Contracts (Other
then Transport
Contract) |
|
1 |
2 |
2 |
2 |
2.06 |
2.175 |
|
Transport
Contract $ |
|
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
|
** The
payments in a year in excess of Rs. 50,000 in a year also attracts
TDS at above rates |
|
$ The Nil
rate is applicable only if the PAN details are obtained from the
Transport Contractors |
|
194D |
Insurance
Commission |
5,000
|
10 |
10 |
10 |
20
|
NA |
NA |
|
194E |
Non-Resident sportsman/sports
association/s |
Any Amount |
10.3 |
NA |
10.3 |
NA |
10.3 |
10.558 |
|
194EE
|
Deposits
under NSS and if the payment is to |
2,500 |
|
|
|
|
|
|
|
Resident
|
|
20 |
NA |
NA |
NA |
NA |
NA |
|
Non-Resident |
|
20.60 |
NA |
NA |
NA |
NA |
NA |
|
194F
|
Repurchase
of units of MF/UTI |
Any Amount |
|
|
|
|
|
|
|
Resident |
|
20 |
NA |
NA |
NA |
NA |
NA |
|
Non-Resident |
|
20.60 |
NA |
NA |
NA |
NA |
NA |
|
194G
|
Commission
on sale of
lottery tickets to |
1,000
|
|
|
|
|
|
|
|
Resident |
|
10 |
10 |
10 |
10 |
10.3 |
10.558 |
|
Non-Resident |
|
10.3 |
10.3 |
10.3 |
10.3 |
NA |
NA |
|
194H |
Commission
or brokerage Brokerage to resident |
2,500 |
10 |
10 |
10 |
10 |
NA |
NA |
|
194I |
Rent to
Resident |
|
|
|
|
|
|
|
|
|
A Up
to 30.09.2009 Rent for |
120,000
|
|
|
|
|
|
|
|
|
(a) machinery/
plant/
equipments
paid to |
|
10
|
10 |
10 |
10
|
NA |
NA |
|
|
(b) For Land/
Building |
|
15
|
20 |
20 |
20 |
NA |
NA |
|
|
B
W.E.F. 1.10.2009
Rent for |
120,000 |
|
|
|
|
|
|
|
|
(a)
machinery/
plant/
equipments
paid to |
|
2 |
2 |
2 |
2 |
NA |
NA |
|
|
(b) For
Land/
Building |
|
10 |
10 |
10 |
10
|
NA |
NA |
|
194J |
Fees for
Professional Fees |
20,000
|
10 |
10 |
10 |
10
|
NA |
NA |
|
|
Technical
Services to
Resident |
|
|
|
|
|
|
|
|
194LA |
Compensation to Resident for compulsory
acquisition of
immovable property |
100,000
|
10 |
10
|
10 |
10 |
NA |
NA |
|
196B |
Income from
units (including long-term capital gain on transfer
of such units) to an offshore fund |
— |
NA
|
NA |
NA
|
NA |
10.3 |
10.558 |
|
196C |
Income from
foreign currency bonds or GDR of Indian company |
— |
NA |
NA
|
NA |
NA |
10.3 |
10.558 |
|
196D |
Income of
FII from Securities not being dividend, long-term and short-term
capital gain |
— |
NA |
NA |
NA |
NA |
20.6 |
21.115 |
|
|
|
TCS
RATES FOR THE A.Y. 2010-11 (in %) |
|
Section |
Nature of Payment |
Threshold Limit (in Rs.) |
An Individual, HUF, BOI, AOP Payments
|
Firm |
A Co-op.Soc., Local Authority |
Domestic Company |
Foreign Company
Payments
|
|
206C |
Scrap |
Any Amount |
1 |
1 |
1 |
1 |
1.03 |
1.0875 |
|
206C |
Tendu
leaves |
Any Amount |
5 |
5 |
5 |
5 |
5.15 |
5.279 |
|
206C |
Timber and
Other Forest Produce |
Any Amount
|
2.5 |
2.5 |
2.5 |
2.5 |
2.575
|
2.640 |
|
206C |
Alcoholic
liquor for |
Any Amount |
1 |
1 |
1 |
1 |
1.03 |
1.088 |
|
206C |
Receipts
for
arrangement Lease, Licence plaza, mining
and other such
agreements for quarrying parking lot, toll plaza, mining and
quarrying |
Any Amount |
2
|
2 |
2 |
2 |
2.06 |
2.175 |
