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TDS RATE CHART FOR FY 2007-08

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					                                             TDS RATES FOR FY 2008-09


                                                                     AY 2008-2009
SECTION
             DESCRIPTION                   SURCHARGE                      HIGHER                          Limit for Tax
 CODE                                TAX                     EDU. CESS                   REMARK
                                           (if Applicable)               EDU. CESS                         Deduction

                                                                                     In case of domestic
  193     Interest on securities     10%        10%             2%          1%       company, rate of Rs. 2500
                                                                                     Tax is 20%
                                                                                                         Rs. 2500 (No Tax
  194     Dividends                  10%        10%             2%          1%                           to be Deducted if
                                                                                                         DDT Has been
                                                                                                         Paid U/s 115-O)
                                                                                                         Banking Company
                                                                                                         / Co-operative
                                                                                                         society / Post
                                                                                     In case of domestic Office- Rs.
          Interest other than
 194A                                10%        10%             2%          1%       company, rate of 5000(upto May31,
          Interest on Securities
                                                                                     Tax is 20%          2007) & Rs. 10000
                                                                                                         (from June 1,
                                                                                                         2007) Others - Rs.
                                                                                                         5000

          Winning from Lottery
 194B                                30%        10%             2%          1%
          or Crossword Puzzle
          Winning from Race
 194BB                               30%        10%             2%          1%                           Rs. 2500
          Horse
                                                                                     In case of          Rs. 20000 in a
          Payment to Contractor                                                      advertising         single payment or
 194C                                2%         10%             2%          1%
          and Sub- Contractors                                                       contract, rate of   Rs. 50000 in
                                                                                     tax is 1%           aggregate
                                                                                     In case of domestic
 194D     Insurance Commision        10%        10%             2%          1%       company, rate of Rs. 5000
                                                                                     Tax is 20%
 194EE    Deposits under NSS         20%        10%             2%          1%                           Rs. 2500
          Repurchase of Units by
  194F                               20%        10%             2%          1%
          Mutual Fund or UTI
          Commission on sale of
 194G                                10%        10%             2%          1%                           Rs. 1000
          Lottery Tickets
                                                                                     Upto May
          Commision or
 194H                                10%        10%             2%          1%       31,2007, rate of    Rs. 2500
          Brokerage
                                                                                     tax is 5 %

                                                                                     Up to 31/05/2007,
                                                                                     15% in Case of
                                                                                     Individual and HUF
                                                                                     and 20% in case of
                                                                                     others AND after
                                                                                     31/05/2007In case
                                                                                     of rent of land,
                                                                                     building or
                                                                                     furniture to an
                                                                                     Individual or HUF,
  194I    Rent                       10%        10%             2%          1%       rate of tax is 15%, Rs. 120000
                                                                                     In case of rent of
                                                                                     land, building or
                                                                                     furniture to a
                                                                                     person other than
                                                                                     an Individual or
                                                                                     HUF, rate of tax is
                                                                                     20% In Case of
                                                                                     Plant And
                                                                                     Machinery Rate is
                                                                                     10%

                                                                                     Upto May
          Fees for Professional or
  194J                               10%        10%             2%          1%       31,2007, rate of    Rs. 20000
          Technical Services
                                                                                     tax is 5 %




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                                                      TDS RATES FOR FY 2008-09


                                                                                 AY 2008-2009
 SECTION
                 DESCRIPTION                        SURCHARGE                          HIGHER                             Limit for Tax
  CODE                                    TAX                         EDU. CESS                          REMARK
                                                    (if Applicable)                   EDU. CESS                            Deduction

              Income in respect of
    194K                                  10%            10%               2%              1%                            Rs.2500
              units
              Compensation on
   194LA      acquisition of              10%            10%               2%              1%                            Rs. 100000
              immovable property
Note:                                  Surcharge is applicable to every section in case where the amount subject to tax deduction exceeds
                                       Rs. 1000000 in case of an individual HUF, BOI, AOP & Rs. 1 crore in case of a firm/domestic company
                                                                                                      In case of non-
                                                                                                      domestic company
              Alcholic Liquor For                                                                     & amount liable to
    6CA                                     1%            10%                2%             1%
              Human Consumption                                                                       tax exceeds Rs. 1
                                                                                                      crore, rate of
                                                                                                      surcharge is 2.5%

                                                                                                    In case of non-
                                                                                                    domestic company
                                                                                                    & amount liable to
        6CI   Tendu Leaves                 5%            10%               2%              1%
                                                                                                    tax exceeds Rs. 1
                                                                                                    crore, rate of
                                                                                                    surcharge is 2.5%

                                                                                                    In case of non-
                                                                                                    domestic company
              Timber obtained Under                                                                 & amount liable to
        6CB                                3%            10%               2%              1%
              a Forest Leade                                                                        tax exceeds Rs. 1
                                                                                                    crore, rate of
                                                                                                    surcharge is 2.5%

                                                                                                    In case of non-
                                                                                                    domestic company
              Timber obtained (other                                                                & amount liable to
        6CC                                3%            10%               2%              1%
              than Forest)                                                                          tax exceeds Rs. 1
                                                                                                    crore, rate of
                                                                                                    surcharge is 2.5%

                                                                                                    In case of non-
                                                                                                    domestic company
              Forest Produce (other                                                                 & amount liable to
    6CD                                    3%            10%               2%              1%
              than Tendu Leaves)                                                                    tax exceeds Rs. 1
                                                                                                    crore, rate of
                                                                                                    surcharge is 2.5%

                                                                                                    In case of non-
                                                                                                    domestic company
                                                                                                    & amount liable to
        6CE   Scrap                        1%            10%               2%              1%
                                                                                                    tax exceeds Rs. 1
                                                                                                    crore, rate of
                                                                                                    surcharge is 2.5%

                                                                                                    In case of non-
                                                                                                    domestic company
                                                                                                    & amount liable to
        6CF   Parking Lot                  2%            10%               2%              1%
                                                                                                    tax exceeds Rs. 1
                                                                                                    crore, rate of
                                                                                                    surcharge is 2.5%

                                                                                                    In case of non-
                                                                                                    domestic company
                                                                                                    & amount liable to
    6CG       Toll plaza                   2%            10%               2%              1%
                                                                                                    tax exceeds Rs. 1
                                                                                                    crore, rate of
                                                                                                    surcharge is 2.5%




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                                                 TDS RATES FOR FY 2008-09


                                                                            AY 2008-2009
 SECTION
              DESCRIPTION                      SURCHARGE                          HIGHER                             Limit for Tax
  CODE                               TAX                         EDU. CESS                          REMARK
                                               (if Applicable)                   EDU. CESS                            Deduction

                                                                                               In case of non-
                                                                                               domestic company
                                                                                               & amount liable to
    6CH    Mining And Quarrying       2%            10%               2%              1%
                                                                                               tax exceeds Rs. 1
                                                                                               crore, rate of
                                                                                               surcharge is 2.5%
Note:                             Surcharge is applicable to every section in case where the amount subject to tax deduction exceeds
                                  Rs. 1000000 in case of an individual HUF, BOI, AOP & Rs. 1 crore in case of a firm/domestic company




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