Nature of Payment Made To Residents Threshold 
(Rs.)
Company / Firm / Co-operative Society / Local Authority Individual / HUF
Section - Description IT Rate (%) IT Rate (%)
192 - Payment of Salary - - Average Rate
193 - Interest on securities 10000 10 10
194 - Dividends 2500 10 10
194A - Interest other than interest on securities - Others 10000 10 10
194A - Banks 10000 10 10
194A - Senior citizen 50000 - 10
194C - Payment to Contractors - - -
Payment to Contractor 1,00,000 2 1
Contract - Transporter who has provided valid PAN 1,00,000 2 1
194D - Insurance Commission 15,000 10 5
194DA Payment in respect of life insurance policy(applicable from 01.10.2014) 1,00,000 1 1
194H - Commission / Brokerage 15,000 5 5
194I - Rent - Land and Building / furniture / fittings 180000 10 10
194I - Rent - Plant / Machinery / equipment 1,80,000 2 2
194IA -Transfer of certain immovable property other than agriculture land(w.e.f 1-6-2013) 50,00,000 1 1
194J - Professional Fees 30000 10 10
194LA - Immovable Property 2,50,000 10 10
195 - Other Sums - Average rates as applicable -

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