| |
|
|
Section Code |
|
Threshold Limit to deduct Tax |
| From 01.04.2010 to 30.06.2010 |
From 01.07.2010 to 31.03.2011 |
|
In case the recipient is an Individual/ HUF |
If the recipient is other than Individual/ HUF |
| 194-A |
Interest other than interest on securities
Interest from Banking Company |
Rs. 10,000/- p.a. |
Rs. 10,000/- p.a. |
10% |
10% |
| 194-A |
Interest other than interest on securities
Interest from other than Banking Company |
Rs. 5,000/- p.a. |
Rs. 5,000/- p.a. |
10% |
10% |
| 194-B |
Winnings from lottery or crossword puzzle |
Rs. 5,000/- p.a. |
Rs. 10,000/- p.a. |
30% |
30% |
| 194-BB |
Winnings from Horse Race |
Rs. 2,500/- p.a. |
Rs. 5,000/- p.a. |
30% |
30% |
| 194-C |
Payment to Contractor |
Rs. 20,000/- per Single Contract or in aggregate Rs. 50,000/- exceeds during the F.Y. |
Rs. 30,000/- per Single Contract or in aggregate Rs. 75,000/- exceeds during the F.Y. |
1% |
2% |
| 194-C |
Pyment to advertising Contractor |
Rs. 20,000/- per Single Contract or in aggregate Rs. 50,000/- exceeds during the F.Y. |
Rs. 30,000/- per Single Contract or in aggregate Rs. 75,000/- exceeds during the F.Y. |
1% |
2% |
| 194-C |
Payment to transport contractor/ sub contractor |
If PAN Quoted |
If PAN Quoted |
NIL |
NIL |
| 194-C |
Payment to transport contractor/ sub contractor |
If PAN notQuoted |
If PAN not Quoted |
20% |
20% |
| 194-D |
Insurance commission |
Rs. 5000/- p.a. |
Rs. 20,000/- p.a. |
10% |
10% |
| 194-H |
Payment of commission or brokerage to resident |
Rs. 2,500/- p.a. |
Rs. 5000/- p.a. |
10% |
10% |
| 194-I |
Paymen of Rent |
Rs. 1,20,000/- p.a. |
Rs. 1,80,000/- p.a. |
10% |
10% |
| 194-I |
Paymen of Rent for use of Plant, Machinery or Equipment |
Rs. 1,20,000/- p.a. |
Rs. 1,80,000/- p.a. |
2% |
2% |
| 194-J |
Payment of professional or technical services |
Rs. 20,000/- p.a. |
Rs. 30,000/- p.a. |
10% |
10% |
| Important Amendments related to TDS made by Finance Act, 2009 |
| Important Amendments related to TDS proposed by Finance Bill, 2010 |
|
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