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TDS Rates & Provision
Home » Income Tax Solution » TDS Rates & Provisions
TDS (Tax deducted at source) Rate Chart for Financial Year 2010-11
Made To resident Thresh-hold Company, firm, Co-op Society, Local authority HUF , Individual
Section Nature of payments up to 30.06.10 w.e.f 01.07.10 Rates in %
194A Interest From Bank 10000 10000 10 10
194A Other Interest 5000 5000 10 10
194B Winning from Lotteries 5000 10000 30 30
194BB Winning from horse-races 2500 5000 30 10
194C Payment to Contractors, Sub Contractors, Transporters & Advertisement Agencies 20000
(50000 in year)
30000
(75000 in year)
2 1
194D Insurance Commission 5000 20000 10 10
194H Commission/Brokerage 2500 5000 10 10
194I Rent-property 120000 180000 10 10
194I Rent-Plant / Machinery 120000 180000 2 2
194J Professional Fees 20000 30000 10 10
Note -1 For Section 194C Rs. 20,000 for single payment & Rs. 50,000/75,000 for aggregate payments during a financial year.
Note -2 Payment made to transporter, TDS is NOT required if PAN is provided by the transporter.
Note -3 Surcharge and Cess is not applicable on TDS from 01.04.2009 on any payment made to resident.
Note -4 If pan not provided by the deductee then rate as per above table or 20% whichever is higher is to be charged. (Effective from 01.04.2010 section 206AA).
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