TMI BlogRate of Tax Deduction at Source (TDS Chart) with Threshold Limit for the Financial Year 2019-20X X X X Extracts X X X X X X X X Extracts X X X X ..... 193 Interest on Specified Securities 10% ₹ 5,000 in case of Listed Debentures payable to resident individual or a Hindu undivided family, by a company in which public are substantially interested ₹ 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 holder thereof makes a declaration in writing before the person responsible for paying the interest that the total nominal value of the 6 per cent Gold Bonds, 1977, or, as the case may be, the 7 per cent Gold Bonds, 1980. No TDS on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... time during the previous year upon furnish a Declaration alongwith PAN number of the GTA 194C Payment to other contractors 2% ₹ 30,000 per single contract or ₹ 1,00,000 in aggregate during the Financial Year No TDS on GTA if contractor owns ten or less goods carriage at any time during the previous year upon furnish a Declaration alongwith PAN number of the GTA 194D Insurance Commission 5% ₹ 15,000, if recipient is a resident (other than a company) 10% ₹ 15,000, if recipient is a domestic company 194DA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5% ₹ 50,000 194IC Payment under specified agreement [Joint Development agreement u/s 45(5A) ] [w.e.f. 1.6.2017] 10% 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% - 194J A payee, engaged only business of operation of call centre 2% ₹ 30,000 for each services [W.e.f. 1.6.2017] ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... At the rate in force 194LBC Payment in respect of an investment in a securitisation trust specified in clause ( d ) of the Explanation occurring after section 115TCA 25% if recipient is an individual or a Hindu undivided family 30% if recipient is other than individual or a Hindu undivided family 194LC Interest payable to a non-resident / foreign company by an Indian specified company or a Business Trust [Rate+ SC+HEC] 5% 194LD Interest on Bonds / Government Securities payable to a foreign inst ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ration - 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 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 , 194LBB , 194LBC and 195 . 3. In case PAN of the deductee is not available than TDS rate will be 20%. 4. No TDS on Service Tax / GST - ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
