TDS / TCS RATES FOR F.Y. 2009-10
(w.e.f. 1st
October, 2009)
Section | Nature of Payment |
Threshold Limit of Payment |
Individual /HUF
|
Others | ||
1 | 192 |
Income from Salary |
Women | Rs. 1,90,000 | Average rate of Tax + edu. Cess (no surcharge) | Not Applicable |
Senior Citizen | Rs. 2,40,000 | |||||
Others | Rs. 1,60,000 | |||||
2 | 194A |
Interest from a Banking Company |
Rs. 10,000 per annum |
10% | 10% | |
3 | 194A |
Interest other than from a Banking Co. |
Rs. 5,000 per annum |
10% | 10% | |
4 | 194C |
Payment to Contractors |
Rs. 20,000 per contract (or) |
1% (2%)* | 2% | |
Rs. 50,000 per annum |
||||||
5 | 194C |
Payment to Sub-contractor |
Rs. 20,000 per contract (or) |
1% | 2% (1%)* | |
Rs. 50,000 per annum |
||||||
6 | 194C |
Payment to Advertising Contractors |
Rs. 20,000 per contract (or) |
1% | 2% | |
Rs. 50,000 per annum |
||||||
7 | 194-I |
Rent on Plant / Machinery |
Rs. 1,20,000 per annum |
2% (10%)* | 2% (10%)* | |
8 | 194-I |
Rent Other then Plant / Machinery |
Rs. 1,20,000 per annum |
10% (15%)* | 10% (20%)* | |
9 | 194J |
Fees for Professional / Technical Services |
Rs. 20,000 per annum |
10% | 10% | |
10 | 194B |
Winning from Lotteries & Puzzles |
Rs. 5,000 per annum |
30% | 30% | |
11 | 194B |
Winning from Horse Races |
Rs. 2,500 per annum |
30% | 30% | |
12 | 194E |
Non-resident Sportsman or Sports Association |
- |
10% | 10% | |
13 | 194D |
Insurance Commission |
Rs 5,000 per annum |
10% | 10% | |
14 | 194G |
Commission on Sale of Lottery Tickets |
Rs. 1,000 |
10% | 10% | |
15 | 194H |
Commission/Brokerage |
Rs. 2,500 per annum |
10% | 10% | |
16 | 206C |
Scrap |
- | 1% | 1% | |
17 | 206C |
Tendu Leaves |
- | 5% | 5% | |
18 | 206C |
Timber obtained under a forest lease or other mode |
- | 2.50% | 2.50% | |
19 | 206C |
Any other forest produce not being a Timber or tendu leave |
- | 2.50% | 2.50% | |
20 | 206C |
Alcoholic Liquor
for Human Consumption |
- | 1% | 1% | |
21 | 206C |
Packing lot,
toll plaza, mining & quarrying |
- | 2% | 2% | |
Notes
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CLICK HERE TO VIEW PROPOSED TDS / TCS RATES FOR F.Y. 2010-11