TMI - Tax Management India. Com

Home List Manuals Income TaxOld - Rates of TDS and TCS This

  • Login

Forgot password       New User/ Regiser



 

Rate of Tax Deduction at Source (TDS Chart) with Threshold Limit for the Financial Year 2021-22 - Old - Rates of TDS and TCS - Income Tax

Extract

..... emat form), any other interest on securities 193 Interest on other Securities 10% ₹ 10,000 in case of 8% Savings (Taxable) Bonds, 2003 ₹ 10,000 in case of 7.75% Savings (Taxable) Bonds, 2018 during the financial year 194 Dividends 10% ₹ 5,000 -No TDS if payment made to Individual by any mode other than cash & payment is upto ₹ 5,000. -No TDS if dividend is to LIC, GIC or any other insurer provided shares are owned by them, or they have full benefical interest in such shares -No TDS if Dividend is paid/credited by SPV to Business Trust 194A Interest (Other Interest on Securities) 10% (a) ₹ 40,000/- where the payer is a banking company (FA, 2019) (b) ₹ 40,000/- where the payer is a co-operative society .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Rate of Tax Deduction at Source (TDS Chart) with Threshold Limit for the Financial Year 2021-22 - Old - Rates of TDS and TCS - Income Tax

X X   X X   Extracts   X X   X X

..... ) by way of: >Participation in any game or sport in India. >Advertisement >Contribution of article in newspapers, magazines, journaals relating to game or sports in India 2) Income received for performing in India by NR Entertainer (who is not a citizen of India) 194EE Payment for National Saving Scheme, 1987 10% ₹ 2500 194F Payment for repurchase of units 20% - 194G Commission, remuneration or prize on sale of lottery ticket 5% ₹ 15,000 194H Commission or Brokerage (Other) 5% ₹ 15,000 194I Rent on land, building or furniture 10% ₹ 2,40,000 194I Rent on plant, machinery or equipment 2% ₹ 2,40,000 (FA, 2019) 194IA Payment / credit of consideration to a resident transferor for transfer of immovable prope .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Rate of Tax Deduction at Source (TDS Chart) with Threshold Limit for the Financial Year 2021-22 - Old - Rates of TDS and TCS - Income Tax

X X   X X   Extracts   X X   X X

..... -Resident - Company Resident Non-Resident 10% 30% 10% 40% - 194LBB Income in respect of units of investment fund -Other than Company Resident Non-Resident -Company Resident Non-Resident 10% 30% 10% 40% - 194LBC Income in respect of investment in securitization fund -Individual/HUF Resident Non-Resident -Company Resident Non-Resident-Other Person Resident Non-Resident 25% 30% 30% 40% 30% 30% 194LC Income by way of interest by an Indian specified company to a non-resident/foreign company on foreign currency approved loan / long-term infrastructure bonds from outside India [Rate+ SC+HEC] 5% 194LC Income by way of interest by an Indian specified company on rupee denominated bond / any long-term bonds from outside India, which is listed only on .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Rate of Tax Deduction at Source (TDS Chart) with Threshold Limit for the Financial Year 2021-22 - Old - Rates of TDS and TCS - Income Tax

X X   X X   Extracts   X X   X X

..... person in the same specified bank (SBI) in which he/she is receiving pension income .i.e. such pensioner is not getting any type of income from any other bank. -such person has furnished a declaration in the prescribed form to bank. 194Q Purchase of Goods (w.e.f.01/07/2021, if purchases are above ₹ 50Lakhs) 0.1% of sum in excess of ₹ 50Lakhs -Any Buyer whose T/o in last year was more than ₹10 Crore will deduct TDS of Resident seller. -In case of a transaction to which both sec 206C(1H) and 194Q applies, TDS to be deducted u/s 194Q -in case of a transaction to which both ection 206C(1)/(1F)/(1G) and 194Q applies, TCS to be collected u/s 206C(1)/(1F)/(1G. -In case of transaction t which both 194) & 194Q applies, TDS to .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Rate of Tax Deduction at Source (TDS Chart) with Threshold Limit for the Financial Year 2021-22 - Old - Rates of TDS and TCS - Income Tax

X X   X X   Extracts   X X   X X

..... of payment is made or likely to be made to Non Resident other than Foreign Company exceeds ₹ 1 Crore. Non Resident company Add Surcharge - 2% if the recipient is a foreign company and amount exceeds or likely to exceed ₹ 1 Crore to ₹ 10 Crore. In case of an amount more than ₹ 10 Crore, 5% 2. Cess No Cess on TDS in case of payment is made to Resident or Domestic Company [Other than Salary] Health and Education Cess - @4% of Income Tax Further Notes: 1. Self Declaration - Tax (TDS) is not deductible under section 192A, 193, 194, 194A, 194D, 194DA, 194-I, or 194EE or 194K if the recipient makes a declaration in Form 15G / 15H under the provisions of section 197A. But, the person seeking to furnish Form 15G / 15H must h .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Rate of Tax Deduction at Source (TDS Chart) with Threshold Limit for the Financial Year 2021-22 - Old - Rates of TDS and TCS - Income Tax

X X   X X   Extracts   X X   X X