Rate of Tax Collection at Source for the Financial Year 2022-23

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..... esidents/Domestic Company 206C(1) Alcoholic liquor for human consumption 1% 206C(1) Tendu leaves 5% 206C(1) Timber obtained under a forest lease or other mode. 2.5% .....

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..... exceeding Rs. 7 Lakh in a financial year if remitted amount is out of loan obtained from any financial institution u/s 80E for the purpose of pursuing any education 0.5% (applicable from 01.10.2020) Foreign remittance through Liberalised Remittance Scheme (LRS) of exceeding Rs. 7 Lakh in any other case 5% (applicable from 01.10.2020) .....

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..... ome exceeds ₹ 5 Crores Non resident co-operative society / firm -12% Surcharge in case of Non Resident other than Foreign Company exceeds ₹ 1 Crore. -Non Resident company -2% Surcharge in case of foreign company and amount exceeds ₹ 1 Crore to ₹ 10 Crore. In case of more than ₹ 10 Crore, 5% surcharge is applicable. 2. Cess Health and Edu .....

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..... of the Act would apply on any sum or amount received by a person (herein referred to as collectee) from a specified person. The proposed TCS rate in this section is higher of the following rates twice the rate specified in the relevant provision of the Act; or the rate of 5% 2.2 TCS rate in case of Non Availability of PAN and not filing of ITR If the provision of section 206CC (i.e. PAN n .....

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