Sandeep Ahuja & Co.

Established in the year 1986, we are a leading chartered accountancy firm based in Delhi & NCR rendering comprehensive professional services which include statutory audit, internal audit, direct tax, transfer pricing, GST, bank audit, propriety audit, cost accounting, internal financial controls and risk advisory.

Thursday, June 8, 2017

TDS Rates for Financial Year 2017-18

TDS Rates Applicable for Assessment Year 2018-19 (Financial Year 2017-18) Other Than Non Resident under Sec 195 


Section
Nature of Payment
TDS Rates (in %)
Resident Individual
Non Resident Individual
Domestic Company
Foreign Company
192
Normal Slab Rate
Normal Slab Rate


192A
10
10


193
 10

10

194
Dividend other than the dividend as referred to u/s 115-O
10

10

194A
10

10

194B & 194BB
30
30
30
30
194C
         i.            HUF/Individuals
       ii.            Others

1
2


1
2

194D
5

10

194DA
1

1

194E
Payment to non-resident sportsman/sports association
20

20
194EE
10
10
10

194F
20
20
20

194G
Commission on sale of lottery tickets
5
5
5
5
194H
5

5

194-I
         i.            Plant & Machinery
       ii.            Land or building or furniture or fitting

2
10


2
10

194-IA
Payment for immovable property other than agriculture land
1

1

194-IB
Payment of rent by Individual or HUF who is not subjected to Tax audit
*Applicable from June 1, 2017
5



194J
Any sum paid by way of professional services, royalty or technical fee, commission, non compete fee, patent copyright etc
*From June 1, 2017 the rate of TDS would be 2% in case of payee is call centre operator.
10

10

194LA
*From April 1, 2017, no TDS on any payment which is exempt from tax under Income Tax under Right to Fair Compensation Act, 2013.
10

10

194LB
Payment of interest on Infrastructure Debt Fund
5

5
194LBA
On distributing Rental income to Unit Holders by SPV

10

194LBA(2)
On distributing Interest income to Unit Holders by SPV


5
194LBA(3)
Income of renting or leasing by real estate to its unit holders


40
194LBA; 194LBB
On payment by business trust to its member or to unit holders
10
30
10
40
194LBC
Income from investment by trust as per Sec 115TCA
- Individuals/ HUf
- Others


25
30
30
10
40
194LC
Payment of interest by company on foreign currency borrowing
5

5

Any other payment whatever name called
10

10

No comments:

Post a Comment