*Other than Individual/HUF having turnover upto 1 Cr. if business or 50L if profession.

{HIJACkeR}
TDS Summary
Page reference are from Compact book of BB Sir for May/Nov 23 exams.
Section Nature of Payment Rate of TDS Limit Type Payer (Deductor) Payee Remarks
of (Deductee)
Limit
192 Salary Slab Rate - - Employer Employee
192A Premature RPF 10% 50,000 pa PF Trust (Any) Employee No PAN of Payee
- Rate -> MMR
193 Interest on Securities 10% - - ANY Resident Exception on
Pg.349
194 Dividend 10% 5,000 pa Domestic Co. Resident
194A Interest other than 10% 40,000 pa ANY* Resident Exception on
Securities or 50,000 Pg.350
or 5,000
194B/ Casual/Horse Race 30% 10,000 pa ANY ANY Before set-off of
194BB Winnings Losses
194C Contracts (Not for Personal 1% / 2% 30,000 or pt/pa ANY* Contractor Refer Pg.352
Purpose of Ind/HUF) 100,000
194D Insurance Commision 5% 15,000 pa ANY Resident
194DA Maturity of Life Insurance 5% 1,00,000 pa ANY Resident
194E Payment to NR Sports 20% + 4% - - ANY Non Resident
Person/Asso. or Entertainer (Specified NR
only)
194G Lottery Ticket commision 5% 15,000 pa ANY Resident
194H Commsion/Brokerage 5% 15,000 pa ANY* Resident
(except 194D & 194G)
194I Rent of P&M, Equip. / 2% / 10% 2,40,000 pa ANY* Resident
Build.,Furn.,Land
194IA Transfer of Imm. Property 1% 50,00,000 pt ANY (Buyer) Resident
194IB Rent of Imm. Property 5% 50,000 pm Ind./ HUF Resident No PAN of
(Not covered in 194I) Payee, Rate ->
194IC Cash/Money Consideration 10% - - ANY Resident 20%
under JDA (Ind./HUF only)
194J Professional Fees/Non- 10% / 2% 30,000 pa ANY* Resident No Limit for
compete fees/Director Director Fees
Sitting Fees/Royalty Refer Pg.359
194K Income from Units 10% 5,000 pa UTI / MF Resident
194LA Compensation on 10% 2,50,000 pa ANY Resident No TDS on Agri.
Compulsory Acquisition of Land
Imm. Property
194LB Interest from Infra. Debt 5% + 4% Infra. Debt Fund u/s NR / Foreign Co.
Fund 10(47)
194LC Interest on Forex Loan 5% + 4% Ind. Co. / Bus. Trust NR / Foreign Co.
(Recipient)
194LD Interest on RDB/ Govt. Sec./ 5% + 4% Any FII or QFI
Municipal Debt Sec.
194M Work in Contract 5% 50,00,000 pa Ind./ HUF Resident
/Commision/Brokerage/ (Not covered in
Professional Fees 194C/H/J)
194N Cash Withdrawal from Bank 2%/ 2%/5% 1,00,00,00 pa Bank Etc. ANY Refer Pg.362
etc. 0
194O E-Commerce 1% 5,00,000 pa ECO ECP (Vendor) Refer Pg.363
194P Pension to Sr. Citizen(75/+) Slab Rate - - Bank Sr. Citizen Furnished Form
Dealing with only 1 Bank (Age-75/75+) 12BBA to Bank
194Q Sale of any goods 0.1% 50,00,000 pa Buyer [Last Yr. T/o Seller For Amt. over
>10Cr.] Rs. 50 lacs
194R Benefits or Perquisites from 10% 20,000 pa ANY* Resident
Bus. or Prof.
194S Transfer of VDA 1% 10,000 / pt Buyer Seller 194S > 194Q &
50,000 194-O
 *Other than Individual/HUF having turnover upto 1 Cr. if business or 50L if profession. {HIJACkeR}
TDS Summary
Page reference are from Compact book of BB Sir for May/Nov 23 exams.
Section Nature of Payment Rate of TDS Limit Type Payer (Deductor) Payee Remarks
of (Deductee)
Limit
195 Payment to NR / Foreign Co. Applicable Rate - - ANY NR / Foreign Co.
(Other than 194E) + SC/HEC or DTAA
196A Income from Units 20% + 4% UTI / MF NR / Foreign Co.
196B Income or LTCG u/s 115AB 10% + 4% Any Offshore Fund
196C Interest or Dividend on 10% + 4% Any NR
Bonds/GDR u/s 115AC
196D Interest or Dividend u/s 10%+4%/ Any Specified Fund /
115AD 20%+4% FII