Tax Management India. Com
                        Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms SMS News Articles
Highlights
D. Forum
What's New

Share:      

        Home        
 
Home List Manuals Income Tax Old - Rates of TDS and TCS This
  • Login
  • Plus+

 

User Login
Username  
Password  
Stay sign in     

Forget password       New User/ Regiser



 

Rate of Tax Deduction at Source (TDS Chart) with Threshold Limit for the Financial Year 2015-16 - Old - Rates of TDS and TCS - Income Tax

Extract

..... 1 Crore to ₹ 10 Crore. In case of more than ₹ 10 Crore, 5% surcharge is applicable. 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 192A [w.e.f. 01-6-2015] Payment of accumulated balance due of Employee’s Provident fund scheme to employees 10% ₹ 30,000 193 Interest on Specified S .....

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 2015-16 - Old - Rates of TDS and TCS - Income Tax

X X   X X   Extracts   X X   X X

..... r is a co-operative society engaged in carrying on the business of banking; (c) ₹ 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) ₹ 5,000/- in any other case 194B Winning from Lotteries 30% ₹ 10,000 194BB Winning for horse race 30% ₹ 5,000 194C Payment to Individuals and HUF 1% ₹ 30,000 per single contract or ₹ 75,000 in aggregate during the Financial Year No TDS on GTA if co .....

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 2015-16 - Old - Rates of TDS and TCS - Income Tax

X X   X X   Extracts   X X   X X

..... or equipment 2% ₹ 1,80,000 194IA Payment / credit of consideration to a resident transferor for transfer of immovable property (other than rural agricultural land) [w.e.f. 1.6.2013] 1% ₹ 50,00,000 194J Fees for Professional / Technical services / royalty 10% ₹ 30,000 for each services 194J Any remuneration, Fees or Commission to a director [w.e.f. 1.7.2012] 10% - 194LA Compensation to a resident on acquisition of certain immovable property 10% ₹ 2,00,000 [Rs. 1,00,000 up .....

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 2015-16 - Old - Rates of TDS and TCS - Income Tax

X X   X X   Extracts   X X   X X

..... tion in Form 15G / 15H under the provisions of section 197A. But, the person seeking to furnish Form 15G / 15H must have PAN number on or after 1.4.2010. 2. Certificate from AO - Under Section 197 - A person can apply to AO and seek a certificate in Form 13 for no deduction of TDS or deduction of TDS at lower rates under sections192, 193, 194, 194A, 194C, 194D, 194G, 194H[,194-I, 194J, 194K, 194LA and 195. 3. In case PAN of the deductee is not available than TDS rate will be 20%. 4. No TDS on Se .....

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 2015-16 - Old - Rates of TDS and TCS - Income Tax

X X   X X   Extracts   X X   X X

  1. Section 197A - No deduction to be made in certain cases
  2. Section 197 - Certificate for deduction at lower rate
  3. Section 195 - Other sums
  4. Section 194LD - Income by way of interest on certain bonds and Government securities.
  5. Section 194LC - Income by way of interest from Indian company.
  6. Section 194LBB - Income in respect of units of investment fund
  7. Section 194LBA - Certain income from units of a business trust
  8. Section 194LB - Income by way of interest from infrastructure debt fund
  9. Section 194LA - Payment of compensation on acquisition of certain immovable property
  10. Section 194J - Fees for professional or technical services
  11. Section 194IA - Payment on transfer of certain immovable property other than agricultural land
  12. Section 194I - Rent
  13. Section 194H - Commission or brokerage
  14. Section 194F - Payments on account of repurchase of units by Mutual Fund or Unit Trust of India
  15. Section 194EE - Payments in respect of deposits under National Savings Scheme, etc.
  16. Section 194E - Payments to non-resident sportsmen or sports associations
  17. Section 194DA - Payment in respect of life insurance policy
  18. Section 194C - Payments to contractors and sub-contractors
  19. Section 194A - Interest other than Interest on securities
  20. Section 194 - Dividends
  21. Section 193 - Interest on securities
  22. Section 192A - Payment of accumulated balance due to an employee
  23. Section 192 - Salary
  24. Section - 194K - Omitted
  25. Section - 194G - Commission, etc., on the sale of lottery tickets
  26. Section - 194D - Insurance commission
  27. Section - 194BB - Winnings from horse race
  28. Section - 194B - Winnings from lottery or crossword puzzle
  29. Circular No. 1/2014 - Dated: 13-1-2014 - DEDUCTION OF TAX AT SOURCE - RENT CLARIFICATION OF TDS UNDER CHAPTER XVII-B ON SERVICE TAX COMPRISED OF PAYMENTS MADE TO RESIDENTS
  30. Form No. 15H - Declaration under section 197A(1C) of the Income-tax Act, 1961 to be made by an individual who is of the age of sixty years or more claiming certain receipts without deduction of tax.
  31. Form No. 15G - Declaration under section 197A(1) and section 197A(1A) of the Income-tax Act, 1961 to be made by an individual or a person (not being a company or firm claiming certain receipts without deduction of tax

 

 

 

 

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||