|
Section |
Particulars
|
TDS
|
Threshold Limit
|
Surcharge and Education Cess
|
|
192
|
Salary |
Normal Rate
|
As per normal computation of income
|
1. Surcharge:
No Surcharge on TDS in case of payment is made to Resident or Domestic Company
No Surcharge on TDS in case of payment is made to Non Resident other than Foreign Company
2.5% Surcharge on TDS if the recipient is a foreign company and amount exceeds Rs. 1 Crore.
2. Education Cess
No EC or SHEC on TDS in case of payment is made to Resident or Domestic Company [Other than Salary]
3% EC and SHEC (2% + 1%) on TDS in case of Salary
3% EC and SHEC (2% + 1%) on TDS in case of payment is made to Non Resident
|
|
193
|
Interest on Specified Securities |
10%
|
Rs. 5,000 [Rs. 2,500 upto 30-6-2012] in case of Listed Debentures payable to resident individual or a Hindu undivided family, by a company in which public are substantially interestedRs. 10,000 in case of 8% Savings (Taxable) Bonds, 2003,
Rs. 10,000 in case of 6½ per cent Gold Bonds, 1977, or 7 per cent Gold Bonds, 1980, where the Bonds are held by an individual not being a non-resident, and the holder thereof makes a declaration in writing before the person responsible for paying the interest that the total nominal value of the 6½ per cent Gold Bonds, 1977, or, as the case may be, the 7 per cent Gold Bonds, 1980
No TDS on certain specified securities – see section 193 |
|
193
|
Interest other Securities |
10%
|
|
194
|
Dividend (Deemed) |
10%
|
Rs. 2,500 where shareholder is an individual |
|
194
|
Dividend (Other) |
Nil
|
|
194A
|
Interest other than interest on security |
10%
|
(a) Rs. 10,000/- where the payer is a banking company
(b) Rs. 10,000/- where the payer is a co-operative society engaged in carrying on the business of banking;
(c) Rs. 10,000/- on any deposit with post office under any scheme framed by the Central Government and notified by it in this behalf; and
(d) Rs. 5,000/- in any other case |
|
194B
|
Winning from Lotteries |
30%
|
Rs. 10,000 |
|
194BB
|
Winning for horse race |
30%
|
Rs. 5,000 |
|
194C
|
Payment to Individuals and HUF |
1%
|
Rs. 30,000 per single contract or Rs. 75,000 in aggregate during the Finance Year
No TDS on GTA if PAN number of the GTA is available |
|
194C
|
Payment to other contractors |
2%
|
Rs. 30,000 per single contract or Rs. 75,000 in aggregate during the Finance Year
No TDS on GTA if PAN number of the GTA is available |
|
194D
|
Insurance Commission |
10%
|
Rs. 20,000 |
|
194E
|
Payment to a non-resident foreign citizen sportsman or non resident sports association [upto 30.6.2012] |
10%
|
- |
|
|
Payment to a non-resident foreign citizen sportsman / entertainer or non resident sports association [w.e.f. 1.7.2012] |
20%
|
- |
|
194EE
|
Payment for National Saving Scheme, 1987 |
20%
|
Rs. 2500 |
|
194F
|
Payment for repurchase of units |
20%
|
- |
|
194G
|
Commission on sale of lottery ticket |
10%
|
Rs. 1,000 |
|
194H
|
Commission or Brokerage |
10%
|
Rs. 5,000 |
|
194I
|
Rent on land, building or furniture |
10%
|
Rs. 1,80,000 |
|
194I
|
Rent on plant, machinery or equipment |
2%
|
Rs. 1,80,000 |
|
194J
|
Fees for Professional/Technical services |
10%
|
Rs. 30,000 |
|
|
Remuneration to a director w.e.f. 1.7.2012 |
10%
|
|
|
194LA
|
Compensation to a resident on acquisition of certain immovable property |
10%
|
Rs. 2,00,000
[Rs. 1,00,000 upto 30.6.2012] |
