DS RATES FOR ACCOUNTING YEAR 2009-10 ONWARDS

TDS RATES APPLICABLE FROM 01.10.2009

Section Code Nature of Payment

194-A Interest other than interest on securities

Interest from Banking Company

194-A Interest other than interest on securities

Interest other than from Banking Company

194-C Payment to Contractor
194-C Payment to Advertising Contractor / Sub Contractor
194-C Payment to transport contractor / sub contractor
194-C Payment to transport contractor / sub contractor

Section Code Nature of Payment

194-H Payment of commission or brokerage to resident
194-I Payment of Rent

194-I Payment of Rent for use of Plant , Machinery or Equipment

194-J Payment of professional or technical services

Note :

1. Surcharge ,Education Cess and Health Cess is not applicable for TDS.
2. w.e.f 01-10-2009, the nil rate will be applicable if the transporter quotes his PAN. If PAN is not quoted the rate will be 1% fo
3. The Rate of TDS will be 20% in all cases, if PAN is not quoted by the deductee (including transporter) w.e.f. 01-04-2010
 Threshhold Limit to deduct tax
Rs.10,000/- p.a.

Rs.5,000/- p.a.

Rs.20,000/- Per Single Contract or Rs.50,000/- exceed during the financial year
Rs.20,000/- Per Single Contract or Rs.50,000/- exceed during the financial year
If PAN Quoted
If PAN not quoted

Threshhold Limit to deduct tax

Rs.2,500/- p.a.
Rs.1,20,000/- p.a.

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

Rs.20,000/- p.a.

PAN is not quoted the rate will be 1% for an individual/HUF transporter and 2% for other transporters up to 31-03-2010
cluding transporter) w.e.f. 01-04-2010
 In case recipient is an Individual / HUF If the recipient is other than Individual / HUF
0.1 0.2

0.1 0.2

0.01 0.02
0.01 0.02
NIL NIL
0.01 0.02

*20% from 01.04.2010 *20% from 01.04.2010

In case recipient is an Individual / HUF If the recipient is other than Individual / HUF
0.1 0.1
0.1 0.1

*20% from 01.04.2010 *20% from 01.04.2010

0.02 0.02

*20% from 01.04.2010 *20% from 01.04.2010

0.1 0.1

her transporters up to 31-03-2010