TDS Rate Chart for Assessment Year:
2015-16 Financial Year: 2014-15
|
Particulars
|
Individual/HUF
|
Domestic
Company/Firm
|
Criteria for
deduction
|
|
|
Nature of Payments
|
Section Code
|
Rate
|
Rate
|
Payment in Excess of
|
|
1. Salary
|
192
|
As per the
prescribed rates applicable to Individuals
|
|
|
|
2. Interest other than Interest on Securities
|
194A
|
10
|
10
|
Banking Rs.
10000/-p.a.
Others Rs 5000/-p.a.
|
|
3. Payment to Contractors
|
194C
|
1
|
2
|
Rs. 30,000/-per contract or
Rs. 75,000/- p.a.
|
|
4.1 Payment to Adverting/Sub Contractors
|
194C
|
1
|
2
|
Rs.
30,000/-per contract or
Rs. 75,000/-
p.a.
|
|
5. Commission & Brokerage
|
194H
|
10
|
10
|
Rs. 5,000/-p.a.
|
|
7. Rent- Land & Building
|
194I
|
10
|
10
|
Rs.
1,80,000/-p.a.
|
|
7.1 Rent-Plant & Machinery
|
194I
|
2
|
2
|
Rs. 1,80,000/-p.a.
|
|
8. Professional Fees & Technical Services
|
194J
|
10
|
10
|
Rs.
30,000/-p.a.
|
|
9. Immovable Property other than Agricultural Land
|
194IA
|
1
|
1
|
Rs. 50,00,000/-
|
TCS Rate Chart for Assessment Year:
2015-16 Financial Year: 2014-15
|
Nature of goods
|
TCS Rate
|
|
Timber obtained by any
mode other than under a Forest Lease
|
2.5%
|
|
Any other Forest
produce not being forest timber or tendu leaves
|
2%
|
|
Scrap
|
1%
|
|
Parking Lot, Toll
Plaza, Mining and Quarrying
|
2%
|
|
Bullion
if consideration exceeds Rs. 2 Lakhs or jewellery, if consideration exceeds
Rs. 5 Lakhs (and any amount is received in cash)
(applicable from 1st July 2012)
|
1%
|
Contributed By : Ms Tanya Gagneja ( CA Article at Sandeep
Ahuja & Co )
