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
  1. No surcharge or Cess applicable from  19th August, 2009 (the date from which Finance Act (2) 2009 is applicable). Only the specified TDS rates to be considered for deduction.
  2. * Rates in Brackets are applicable till 30th September, 2009.
  3. Nil rate will be applicable to transporter of goods w.e.f. 1st October, 2009 if he provides his PAN to the deductor. Otherwise, rate of deduction shall be like any other contractor. 
  4. TDS @ 20% where PAN not furnished, applicable from next financial year i.e. F.Y. 2010-11.

CLICK HERE TO VIEW PROPOSED TDS / TCS RATES  FOR F.Y. 2010-11