TDS

Section

Payment Nature Threshold Limit Rs.  TDS Rate (%) Form 01/04/2020 to 13/05/2020 TDS Rate (%) Form 14/05/2020 to 31/03/2021
192 Payment of Salaries  Income Tax slab rate Income Tax slab rate
193 Interest on securities Bonds 10000 10 7.5
194 Dividends 5000 10 7.5
194A Interest (Banking co., co-operative society engaged in banking, post office) 40000 10 7.5
194A Interest (Any other person) 5000 10 7.5
194B Paymnet of Winning from lotteries 10000 30 30
194BB Payment of Winning from Horse race 10000 30 30
194C Payment to Contractor-Single

transaction-Individual/HUF

-Others

30000  

1

2

 

0.75

1.5

194C Payment to Contractor – Consolidated Payment During the F.Y.

– Individual/HUF

– Others

100000  

 

1

2

 

 

0.75

1.5

194D Insurance commission Payment

– Other than Company

– Company

15000  

5

10

 

3.75

10

194G Payment of Commission-Lottery 15000 5 3.75
194H Payment of Commission/Brokerage 15000 5 3.75
194I Rent of – Plant/Machinery /Equipment

– Land and Building/Furniture & Fixture

240000 2

10

1.5

7.5

194IA Transfer of certain immovable property other than agriculture land 50 lakh 1 0.75
194IB Rent by Individual/HUF 50000 per month 5 3.75
194IC Payment under Joint Development Agreements to Individual/HUF 10 7.5
194J Professional Fees/ Technical Fees / Payment to call centre operator (w.e.f. 01.06.2017) 30000 10 7.5
194LA Compensation for transfer of immovable property (other than agriculture land) 250000 10 7.5
194N Withdrawal of  cash

–  Amount is more than Rs.20 lakh but less than  Rs. 1 crore

–  Amount more than Rs. 1 crore (Applicable from 01.07.2020)

   

 

N.A.

 

N.A.

 

 

2

 

5