TMI BlogRate of Tax Deduction at Source (TDS Chart) with Threshold Limit for the Financial Year 2010-11X X X X Extracts X X X X X X X X Extracts X X X X ..... TDS if the recipient is a foreign company and amount exceeds ₹ 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% ₹ 2,500 in case of Listed Debentures ₹ 10,000 in case of 8% Savings (Taxable) Bonds, 2003, ₹ 10,000 in case of 6 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 h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1% ₹ 20,000 per single contract or ₹ 50,000 in aggregate during the Finance Year - upto 30.6.2010 ₹ 30,000 per single contract or ₹ 75,000 in aggregate during the Finance Year - w.e.f. 1.7.2010 No TDS on GTA if PAN number of the GTA is available 194C Payment to other contractors 2% ₹ 20,000 per single contract or ₹ 50,000 in aggregate during the Finance Year - upto 30.6.2010 ₹ 30,000 per single contract or ₹ 75,000 in aggregate during the Finance Year - w.e.f. 1.7.2010 No TDS on GTA if PAN number of the GTA is available 194D In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 10% ₹ 1,00,000 1. Self Declaration - Tax (TDS) is not deductible under section 193 , 194 , 194A , 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 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 . 2. In case PAN of the deductee is not available than TDS rate will be 20% ========= ..... X X X X Extracts X X X X X X X X Extracts X X X X
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