TDS_chart_amended__

8/13/2019 TDS_chart_amended__www.accounts4tutorials.com.pdf

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Sect. Type of Payment Rate Threshold Deductor Deductee Remarks

Limit

192 Salaries Any Any ----------

Employer Employee

193 Intrerest on 10% Any payment Any Person Any 1. No TDS, if :

Se!rities ma"e #esi"ent a$ se!rities iss!e" y a ompany &el" in Demat 'orm(

$ Interest payale to in"i)i"!al*+' in a finanial yr. is

!pto #s.-000 in t&e folloin/ ases :

iste" o.s iss!es "eent!res primarily in p&ysial form

s!& "eent!res are liste" on t&e sto e4&.or iste" o.s iss!es "eent!res &et&er in p&ysial form

or "emat form if s!& "eent!res are not liste"(

$ Int. is payale y 5ental* State 6o)t. Se!rities.

"$ Payee 7 I5*6I5*8t&er Ins!rane 5ompany.

19 Di)i"en" 10% #s.2-00 p.a. Domesti Any Setion fo!ses to mae TDS on Deeme" Di)i"en" ta4ale

only for t&e 5ompany #esi"ent !*s 222$e$ of t&e Inome Ta4 At,19;1, as "i)i"en" !*s

payment ma"e 11-8 is e4empt in t&e &an"s of S&are&ol"ers ie., payee$

y A* payee !*s 103$.

&oint "epositors.

19@ Binnin/ from 30% #s.10000 p.a Any Person Any Person If innin/s is in in" t&en t&e "e"!tor efore realisin/PriFes, ottery or !*s 231$ !*s 231$ s!& innin/s s&all ens!re t&at s!& amo!nt of ta4 &as

5rossor" een "eposite".

TDS CHART

Rates, Limits Pro!isions

ACE#A6E #ATE


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19@@ Binnin/ from 30% #s.-000 p.a. Any Person Any Person

+orse #ae !*s 231$ !*s 231$

195 Payment to #s.30000 Any Person Any 1. Setion inl!"es all types of Bor for t&e p!rpose of TDS

5ontrator* per ontrat$ !*s 231$ #esi"ent "e"!tion, e4ept as o)ere" !*s 192, 19D, 196, 19+,

S!5ontrator #s.G-000 = S!>et to 19I, 19H.

inl!"es paym. a//re/ate of Note 1 ? 2. No TDS on payments:

for all types of all ontrats a$ ma"e y In"i)i"!al*+' e4l. for personal p!rposese)en

Bor$ "!rin/ a '..$ t&o!/& as s!>et to ta4 a!"it in t&e pree"in/ '..$.

If payment ma"e $ ma"e to Tra)el A/ents pro)i"e" s!& payment s&all not

to : e ma"e for &arterin/ an Airraft$.

i$ In"i)i"!al*+' 1% $ ma"e to a tansporter of /oo"s on f!rnis&in/ &is PAN to

ii$ 8t&ers 2% t&e payee(

3. 'or omposite ontrats ie.,&ere in)oie )al!e inl!"es

t&e material as ell as t&e ser)ie omponent$ :

/oo"s amt. seperately mentione" in in)oie :

TDS on In)oie Cal!eaterial 5ost$ /oo"s amt. not seperately mentione" in in)oie :

TDS on In)oie Cal!e

. Bors s&all :

include man!fat!re or s!pplyin/ a pro"!t as per t&e

re

material purchased from such customer (

not include man!fat!re or s!pplyin/ a pro"!t as per

re

material purchased from person other than such customer.

19D Ins!rane 10% #s.20000 p.a. Any Person Any

5ommission !*s 231$ #esi"ent

19E Payment to 20% Any payment Any Person Non

Non#esi"ent ma"e !*s 11- !*s 231$ #esi"ent

Sportsmen or @@A

Sports Assoiation

or Entertainer

196 5ommission on 10% #s.1000 p.a. Any Person Any

Sale of ottery !*s 231$ #esi"ent

Tiets

19+ 5ommission or 10% #s.-000 p.a. Any Person Any 1. No TDS on :

@roera/e !*s 231$ #esi"ent a$ 5omm.*@ro. on transations of se!rities(

= S!>et to $ "iso!nts ie., any onession alloe" on sale of /oo"s

Note 1 ? or pro)ision of ser)ie$.

". Discounts allo#ed on supply of Sim Cards Rechar$e

Coupons %y a telecom company to its distri%utors under

prepaid scheme #ill %e treated as commission to attract

TDS lia%ility u&s '()H * +odafone ssar Cellular Ltd. !. ACT TDS/ 00" TR "11 "2''/ 3erla/ 4.


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19I #ent on : #s.1J0000 p.a. Any Person Any 1. 'or t&e p!rpose of "e"!tion of TDS, #ent inl!"es:

!*s 231$ #esi"ent Non ref!n"ale Deposits(

i$ Plant 2% = S!>et to A")ane #ents(

a&inery Note 1 ? Deposits a">!stile a/ainst f!t!re liaility(

ii$ 8t&er Tan/ile 10% Bare&o!se 5&ar/es(

Assets lie !t, e4l!"es:

an", @!il"in/, #ef!n"ale Deposites, for &i& no a">!stm. an e ma"e(

'!rn. 'ittin/s$ #ent payment of intan/iles o)ere" !*s 19H$.

2. TDS on +otel #ooms s&o!l" not e ma"e !*s 19I, !nless

t&ere is Tie!p it& t&e &otel or rooms are perio"ially

earmare" y t&e payee.

3. #ent )*s 5ontrat:

B&ene)er t&ere is onf!sion eteen #ent 5ontrat

folloin/ test s&all e applie":

a$ if ot&er e4p. are ear y Tenant#ent liale !*s19I$

$ if ot&er e4p. are ear y 8ner#ent liale !*s195$

=H!stify t&e ao)e in t&e li/&ts of an ill!st. #enta5a? 5ol" Stora/e 5&ar/es ill e o)ere" !*s 195 not !*s

19I as t&e a/reement eteen ol" stora/e oner its

!stomer is asially ontat!al in nat!re.

. #ent )*s Ser)ie :

B&ene)er t&ere is onf!sion eteen #ent Ser)ie

e/: @!il"in/ K '!rnit!re K Lno&o /i)en on rent in a

sin/le ontrat.

E4amine t&e "ominant intension for main/ ontrat.

'()A Compensation on '5 Rs.1222222 p.aAny Person Any Person '. n order to a!oid $enuine hardship upon the deductor,

Transfer of certain u&s "0'/ u&s "0'/ deductor is not mandatorily re6uired to possess a TA7.

mmo!a%le Prop. ". 8or payment of such ta9 8orm 7o. ":;< is prescri%ed,

other than A$ric- instead of Challan 7o. & T7S "=', %ein$ a challan cum

ultural Land statement for filin$ return.

#.e.f. 2'.2:.'0/ 0. After deductin$ the TDS, 8orm 7o.-':< is re6uired to %e

issued to the seller.

). TDS to %e made on payment %asis not on credit %asis.

1. n case of more than ' %uyer or ' seller, #here purchase

price or sale price as the case may %e is less than

Rs.12 lacs, %ut the a$$re$ate of all transactions e9ceeds

Rs.12 lacs, section '()A #ill %e attracted.

19H 'ees for : 10% #s.30000 p.a. Any Person Any 1. No TDS if :

Professional or !*s 231$ #esi"ent a$ s!& s!m is pai" e4l!si)ely for personal p!rposes y

Te&nial Ser). * = S!>et to an in"i)i"!al*memer of +' e)en t&o!/& as s!>et

#oyalty * Note 1 ? to ta4 a!"it in t&e pree"in/ '..$.

Non5ompete 'ee $ s!& s!m is pai" y a non resi"e, not &a)in/ any a/ent*

!*s 2J)a$ * !siness onnetion*permanent estalis&ment in In"ia

Director>s Sittin$ to any 5A*ayer*A")oate*Soliitor.

8ees +oe)er is res Sittin$ 8ees #ill co!er any pament ma"e to "iretor ot&er t&an t&ose on &i&

ta4 is "e"!tile !*s 192.


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3. 5@DT &as notifie" ser)ies ren"ere" y folloin/s as t&e

professional ser)ies :

1$Sports Person( 2$mpires #eferees( 3$An&ors(

$5oa&es( -$Trainers( ;$Team P&ysiians(

G$E)ent ana/ers(J$Sports 5omm!nists( 9$5ommentators.

. Setion 9 &as een amen"e" to inl!"e t&e omp!ter

softare as a royalty t&erefore TDS ill e attrate"

on sale of omp!ter softare e4ept &ere :

t&e softare is a

mo"ifiation ( or

ta4 &as een pre)io!sly "e"!te" on s!& softare !*s

19H or 19-.

19A Payment for 10% #s.200000 p.a. Any Person Any No TDS, if property is an a/ri!lt!ral lan".

5ompensation on !*s 231$ #esi"ent

5omp!lsoryA

any Immo)ale

Property

19@ Payment ma"e -% Any payment Infrastr!t! 'or/. 5o. or

y Infrastr!t!re ma"e !*s Det '!n" Non#es.

Det '!n" toar"s 11-A1$ o)ere" !*s

Interest 10G$

195 Payment ma"e -% Any Payment Infrastr!t! 'or/. 5o. or 1. oan * @on"s m!st e iss!e" on or after 01.0G.2012, !t,

y Infrastr!t!re ma"e for 5ompanies Non#es. efore 01.0G.201-.

5ompanies Interest !*s 2. oneys s&o!l" e orroe" in forei/n !rreny.

toar"s Interest 11-A1$ 3. Interest #ate oan*@an" ten!re s&o!l" e appro)e" y

5entral 6o)t.

19- 8t&er s!ms to #ates Any payment Any Person 'or/. 5o. or 1. TDS only to e ma"e, if inome is ta4ale in In"ia only

Non #esi"ents in 'in. ma"e !*s 231$ Non#es. on s!& portion ein/ ta4ale in In"ia.

lie Interest, et. @!"/t 2. B&i&e)er pro)isions ein/ more enefiial to assessee

e4ept Salary$ e)ery ie., eit&er DTAA or Domesti Pro)isions, TDS s&all e

year ma"e it& s!& pro)isions.

19;@ T56 on nits * 10% .T.5.6. as Any Person 8ffs&ore 1. No TDS on :

!t!al '!n" !*s refeer" !*s !*s 231$ '!n" a$ Inome on !nits reffere" !*s 11-A@, e4empt !*s 103-$(

1023D$ to Non 11-A@ $ .T.5.6. on !nits e4empt !*s 103J$.

#esi"ents

19;5 Interest Inome* 10% Any Payment Any Person Non 1. No TDS on "i)i"en" inome reei)e" on 6.D.#.s, ein/

T56 on '55@s* ma"e .r.t. !*s 231$ #esi"ent e4empt !*s 103$.

6D#s* @on"s of Intt. or .T.5.6.

PSs on @on"s

6D# !*s 11-A5

19;D In)estment In. 20% Any Payment Any Person Notifie" 1. No TDS on T56*ST56 on transfer of se!rities !*s 11-AD.on Se!rities ma"e !*s !*s 231$ 'IIs

11-AD


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7otes ?

1. 'or t&e p!rpose of setions 195, 19+, 19A, 19H 19I, In"i)i"!al*+' s&o!l" only mae TDS if ere o)ere"

!*s A@ "!rin/ t&e pree"in/ pre)io!s year ie., &ose 6ross #eeipts or T!rno)er e4ee"s #s. 100 as

for @!siness$ or #s.2- asfor Profession$, "!rin/ pree"in/ pre)io!s ear$.

2. TDS s&all e ma"e on Payment or 5re"it &i&e)er is earlier, in respet of t&e setions 193, 19A, 195, 19D,

19E, 196, 19+, 19I, 19H, 19@, 195, 19-, 19;@, 19;5 19;D

3. T&e amo!nt &i& is s!>et to TDS liaility, t&o!/& ein/ re"ite" to any ao!nt, e)en !n"er S!spense a* ill

"eeme" to e re"ite" to t&e ao!nt of t&e payee.

. E4pense ill e "isalloe", if TDS not ma"e !*s 193, 195, 19+, 19A, 19H 19I or if ma"e not yet "eposite",

!*s 0a$ia$.

-. TDS !*s 192, 19A, 196 19+ an e "eposite" on t&e

G. TDS ill e "e"!te" on amo!nt inl!si)e of Ser)ie Ta4, e4ept in ase of TDS on #ent.

J. TDS #ate appliale, in ase of non a)ailiailty of PAN is 20% or At!al #ate &i&e)er is &i/&er from '.. 201011

!*s 20;AA.

9. Interest ill e &ar/e" to payee on fail!re to "e"!t or pay , &ole or any part of ta4 as follos :

1 % per mont& or part of mont&, on t&e amo!nt of s!& ta4, from t&e "ate on &i& s!& ta4 as "e"!tile to

t&e "ate on &i& s!& ta4 is at!ally "e"!te". 1.- % per mont& or part of mont&, on t&e amo!nt of s!& ta4, from t&e "ate on &i& s!& ta4 is "e"!te" to

t&e "ate on &i& s!& ta4 is at!ally pai" =Se 2011A$?.

10. ast Dates for :

a$ Deposition of TDS it&o!t late interest :

TDS ma"e from April to 'er!ary Gt& of folloin/ mont& in &i& TDS ma"e (

TDS ma"e in ar& 30t& of April .

$ Deposition of TDS for /ettin/ e4pen"it!re to e alloe" in t&e same pre)io!s year :

TDS ma"e from April to 'er!ary 31st ar& i.e., @alane S&eet Date$ (

TDS ma"e in ar& 30t& Septemer i.e., ast Date of 'ilin/ of Inome Ta4 #et!rn$.

$ Deposition of M!artely TDS #et!rns it&o!t Penalty$ :

'or I, II III M!arters 1-t& of t&e folloin/ mont& from t&e en" of M!arter

+oe)er, t&e ao)e rele)ant "!e "ates for I,Ii III Mtrs. for t&e /o)t. "e"!tor is 31st instea" of 1-t&$ (

'or IC M!arters 1-t& of ay.

11. TDS ertifiates to e iss!e" man"atorily, .e.f. 01stApril, 2012 in 'orm 1;A or 1;@for TDS !*s 19IA$ /enerate"

"onloa"e" online t&ro!/& TIN 5entral System ie., from esite .t"sp./o).in $ it& a !ni

5ertifiate No. e4ept 'orm 1;$, it& t&e "i/ital si/nat!res s&all e iss!e"


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13. #elief from TDS an e a)aile" y t&e assessee !*s 19G Dept. appro)al for loer or no "e"!tion $ 19GA Self

"elaration only for no "e"!tion of TDS in '8# 1-+ 1-6, if t&e inome is elo @.E..$ :

#elief !*s 19G .r.t. all setions e4ept 19@, 19@@, 19E, 19@, 19;@, 19;5 19;D.

#elief !*s 19GA .r.t. 193, 19 19A.

1. De"!tor ill e alloe" to a">!st e4ess TDS "eposite" in any

Tar!n L. Pan>ani

= ast !p"ate" .r.t. T&e 'inane At, 2013 ?

email i" : [email protected]

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TDS_chart_amended__