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  • 57 TDS Rate Chart BOARD

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    Satish Goenka
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    This document outlines TDS (Tax Deducted at Source) rates according to the Income Tax provisions in India. It lists various types of payments and the thresholds at which TDS kicks in for companies, individuals, and other entities. The rates range from 1.03% to 30.9% depending on the type of payment and the threshold amount. Some of the key payments mentioned include interest, lottery winnings, rent, professional fees, commissions, and payments to contractors.

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    This document outlines TDS (Tax Deducted at Source) rates according to the Income Tax provisions in India. It lists various types of payments and the thresholds at which TDS kicks in for companies, individuals, and other entities. The rates range from 1.03% to 30.9% depending on the type of payment and the threshold amount. Some of the key payments mentioned include interest, lottery winnings, rent, professional fees, commissions, and payments to contractors.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    13 views1 page

    57 TDS Rate Chart BOARD

    Uploaded by

    Satish Goenka
    This document outlines TDS (Tax Deducted at Source) rates according to the Income Tax provisions in India. It lists various types of payments and the thresholds at which TDS kicks in for companies, individuals, and other entities. The rates range from 1.03% to 30.9% depending on the type of payment and the threshold amount. Some of the key payments mentioned include interest, lottery winnings, rent, professional fees, commissions, and payments to contractors.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    of 1

    TDS RATE CHART AS PER IT PROVISION

    Section- Threshold Company Individual/HUF Firm where


    where total where total total payment
    description
    payment upto payment upto 10 upto Rs.1 cr
    Rs 1 crore lacs (Co. op.
    society / local
    authority)
    193- Interest on 2,
    Securities 500 20.6 10.3 10.3
             
    194A-other 5,
    interest 000 20.6 10.3 10.3
             
    194A-Bank 10,
    interest 000 20.6 10.3 10.3
             
    194B-Winning 5,
    from lotteries 000 30.9 30.9 30.9
             
    194C-Payment Rs. 20000 per 2.06 2.06 2.06
    to Contractors contract or Rs.
    50000 per year
             
    194C-pay to Rs. 20000 per 1.03 1.03 1.03
    Advt / sub contract or Rs.
    contractors 50000 per year
             
    194D-
    insurance 5,
    commission 000 20.6 10.3 10.3
             
    194H-
    Commission 2,
    Brokerage 500 10.3 10.3 10.3
             
    120,
    194I-Rent 000 20.6 15.45 20.6
             
    194I-Rent-Plant 120,
    machinery 000 10.3 10.3 10.3
             
    194J- Rs. 20000 per 10.3 10.3 10.3
    Professional contract or Rs.
    fees 50000 per year

    57

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