| 192 |
Income from Salary
|
Senior Citizen (60 Years)
|
Rs.
3,00,000
|
Average
rate of Tax + Health & Education Cess (Surcharge if Salary
> 50 Lacs) |
|
Super Senior Citizen (80 Years)
|
Rs.
5,00,000 |
| Others |
Rs.
2,50,000 |
| 192A |
Premature
Withdrawal from EPF (wef 01.06.2015) (*If PAN not furnished Rate of TDS
at Maximum Mariginal Rate of 34.608%)
|
Rs.
50,000
|
10% |
| 193 |
* Interest on Securities
|
Rs.
10,000 |
10% |
| 194A |
Interest from a Banking Company
|
Rs.
40,000 per annum /Rs. 50,000 per annum for Senior citizen |
10% |
| 194A |
Interest other than from a Banking Company
|
Rs.
5,000 per annum |
10% |
| 194B |
Winning from Lotteries & Cross Word Puzzles
|
Rs.
10,000 per annum |
30% |
| 194BB |
Winnings
from horse races |
Rs.
10,000 per annum |
30% |
| 194C |
Transporters with valid PAN & to whom 44AE
applicable
|
- |
0% |
| 194C |
Payment
to Contractors; Sub-contractor; Advertising Contractors (including other
transporters) |
Rs.30,000
per contract (or)
Rs. 1,00,000 per annum
|
Individual/HUF
1% Others 2% |
| 194D |
Insurance
Commision |
Rs.
15,000
|
Resident:5%
Domestic Company:10% |
| 194DA |
Payment under life insurance policy (including Bonus)
|
Rs.1,00,000
per annum |
2% |
| 194E |
Non-resident Sportman or Sports Association
|
-
|
20% |
| 194EE |
Out of deposit under NSS
|
Rs.2,500 |
| Individual
or HUF 10% |
| Other
NA |
|
| 194G |
Commission on Sale of Lottery Tickets
|
Rs.
15,000
|
5% |
| 194H |
**Commission/Brokerage |
Rs.
15,000 per annum
|
5% |
| 194-I |
**Rent
on Plant / Machinery |
Rs.
2,40,000 per annum |
2% |
| 194-I |
**Land or building or furniture or fitting
|
Rs.
2,40,000 per annum |
10% |
| 194-IA |
Payment
or transfer of Non -agricultural immovable property |
Rs.
50,00,000 & above |
1% |
194-IB
|
Rent
payable by an individual or HUF not covered u/s. 194I
|
Rs.50,000
per month
|
5%
|
194-IC
|
Payment
of monetary consideration under Joint Development Agreements |
-
|
10% |
| 194J |
Fees
for Professional / Technical Services |
Rs.
30,000 per annum |
2%
(For Call Centre) |
10%
(For Others)
|
194LA
|
Compulsory
Acquisition of immovable Property |
Rs.
2,50,000
|
10% |
| 194LBB |
Investment
fund paying an income to a unit holder |
-
|
10% or
Invalid PAN 20%
Non-Resident 30%
Foreign Company 40% |
| 194LBC |
Income
in respect of investment made in a securitisation trust |
-
|
Individual
or HUF 25%
Other 30%
Foreign Company 40% |
| 194M |
TDS
on payment to resident contractors and professionals (other than those
who covered u/s 194C or 194J) by individual/HUF not liable for tax
audit. |
Rs.
50 lacs |
5%
(wef 01.09.2019) |
| 194N |
TDS
on cash withdrawal from Bank, Post office etc. |
Rs.
1 crore |
2%
(wef 01.09.2019) |
* Only for
Debenture in which the public are substantially interested
** Other than Individual or HUF except those covered u/s 44AB
TCS Rates
|
| 206C |
Scrap
|
-
|
1.00% |
| 206C |
Tendu Leaves
|
-
|
5.00% |
| 206C |
Timber obtained under a forest lease or other mode
|
-
|
2.50% |
| 206C |
Any other forest produce not being a Timber or tendu leave
|
-
|
2.50% |
| 206C |
Alcoholic Liquor for Human Consumption
|
-
|
1.00% |
| 206C |
Packing lot, toll plaza, mining & quarrying
|
-
|
2.00% |
| 206C |
Purchase
of coal lignite, Iron ore by a trader |
- |
1.00% |
| 206C |
Sale
Value of Motor vehicle whether in cheque or in any other mode of receipt |
Exceeding
Rs. 10 Lakhs per transaction |
1.00% |