TMI BlogApplicability of TDS provision on Non-Corporate Non-Resident or Foreign CompanyX X X X Extracts X X X X X X X X Extracts X X X X ..... loyee s provident fund On premature taxable withdrawal from employee s provident fund scheme Rate 10% Time At the time of payment of accumulated balance due to the employee. Non-Applicability If aggregate payment made upto ₹ 50,000. TDS at MMR in case of non-submission of PAN 194B 194BB Winning from lotteries, crossword puzzles and horse races Rate 30% on the winnings amount form crossword puzzles, lotteries and horse races, If the amount exceeds ₹ 10,000. 194E Payments to Non-Resident sportsmen or Sports association or Entertainer Rate 20% on payment made to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is not exercising the option to pay tax at concessional rate u/s 115BBA, dividend income would be exempt and tax would not be deductible at source. At the rate in Force Rental Income arising to business trust, being real estate investment fund from real estate referred to in section 10(23FCA). 194LBB Income in respect of units of investment fund to non-resident unit holders Rate 30% other than Company 40% Foreign Company 194LBC Income in respect of investment in securitization fund Rate 30% other than Company 40% Foreign Company 194LC Income by way of interest by an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Time of deduction At the time of credit of such income to the account of the payee. 196A Income from units of mutual fund or specified company to NR/FC Rate 20% at the time of credit of such income to the account of the payee or at the time of payment whichever is earlier 196B Income from Units Rate - 10% on payment to an Offshore fund 196C Income for Foreign Currency bonds or shares of an Indian Company Rate 10% on income by way of interest or dividend in respect of bonds or GDR referred in section 115AC or Income by way of LTCG arising from transfer of such bonds or ..... X X X X Extracts X X X X X X X X Extracts X X X X
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