Docstoc

TDS RATE CHART FOR FY 2008-09 IN PDF

Document Sample
TDS RATE CHART FOR FY 2008-09 IN PDF Powered By Docstoc
					                                                            TDS RATES FOR FY 2008-09


                                                                                     AY 2009-2010
  SECTION
                 DESCRIPTION                         SUCHARGE (if                         HIGHER                                    Limit for Tax
   CODE                                    TAX                           EDU. CESS                             REMARK
                                                      Applicable)                        EDU. CESS                                   Deduction
                                                                                                        In case of domestic
        193    Interest on securities      10%              10%               2%               1%       company, rate of Tax is Rs. 2500
                                                                                                        20%

                                                                                                                                    Rs. 2500 (No Tax
                                                                                                                                    to be Deducted
        194    Dividends                   10%              10%               2%               1%
                                                                                                                                    if DDT Has been
                                                                                                                                    Paid U/s 115-O)

                                                                                                                                Banking
                                                                                                                                Company / Co-
                                                                                                        In case of domestic     operative
               Interest other than
    194A                                   10%              10%               2%               1%       company, rate of Tax is society / Post
               Interest on Securities                                                                                           Office- Rs.
                                                                                                        20%
                                                                                                                                10000
                                                                                                                                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
               Payment to                                                                                                           Rs. 20000 in a
                                                                                                        In case of advertising      single payment
    194C       Contractor and Sub-          2%              10%               2%               1%       contract, rate of tax is
               Contractors                                                                                                          or Rs. 50000 in
                                                                                                        1%                          aggregate
                                                                                                        In case of domestic
    194D       Insurance Commision         10%              10%               2%               1%       company, rate of Tax is     Rs. 5000
                                                                                                        20%
    194EE      Deposits under NSS          20%              10%               2%               1%                                   Rs. 2500
               Repurchase of Units
    194F       by Mutual Fund or           20%              10%               2%               1%
               UTI
               Commission on sale
    194G                                   10%              10%               2%               1%                                   Rs. 1000
               of Lottery Tickets
               Commision or
    194H                                   10%              10%               2%               1%                                   Rs. 2500
               Brokerage

                                                                                                        In case of rent of land,
                                                                                                        building or furniture to
                                                                                                        an Individual or HUF,
                                                                                                        rate of tax is 15%, In
        194I   Rent                        10%              10%               2%               1%                                Rs. 120000
                                                                                                        case of rent of land,
                                                                                                        building or furniture to
                                                                                                        a person other than an
                                                                                                        Individual or HUF, rate
                                                                                                        of tax is 20%
               Fees for Professional
    194J                                   10%              10%               2%               1%                                   Rs. 20000
               or Technical Services
               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.
                                                                                                         In of a firm/domestic company
                                        1000000 in case of an individual HUF, BOI, AOP & Rs. 1 crore in casecase of non-domestic
                                                                                                        company & amount
               Alcholic Liquor For
        6CA                                 1%              10%               2%               1%       liable to tax exceeds Rs.
               Human Consumption
                                                                                                        1 crore, rate of
                                                                                                        surcharge is 2.5%




                                                                                                                                                       1
                                                      TDS RATES FOR FY 2008-09


                                                                               AY 2009-2010
SECTION
            DESCRIPTION                        SUCHARGE (if                         HIGHER                                    Limit for Tax
 CODE                                TAX                           EDU. CESS                             REMARK
                                                Applicable)                        EDU. CESS                                   Deduction

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

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

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

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

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

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

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

                                                                                                  In case of non-domestic
                                                                                                  company & amount
  6CH     Mining And Quarrying        2%              10%               2%               1%       liable to 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




                                                                                                                                              2