CA-CS-ICWA-TAX PROFESSIONALS-PORTAL - TDS Rates For F. Y. 2011-12

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Financial Year 2011-12

 

Nature of Payment Made To Residents	Threshold (Rs.)	Company / Firm / Co-operative Society / Local Authority	Individual / HUF	If No / Invalid PAN
Section - Description		Rate (%)	Rate (%)	Rate (%)
192 - Salaries	Salary income must be more then exemption limit after deductions.	NA	Average rates as applicable	Higher of average rate or 20% u/s 206AA
193 - Interest on securities	-	10	10	20
194 - Dividends		10	10	20
194A - Other Interest	5000	10	10	20
194A - Banks	10000	10	10	20
194B - Winning from Lotteries	10000	30	30	30
194BB - Winnings from Horse Race	5000	30	30	30
194C - Payment to Contractors/adv/sub contractor
Payment to Contractors/adv/sub contractor - Single Transaction	30000	2	1	20
Payment to Contractors/adv/sub contractor - Aggregate During FY	75000	2	1	20
194D - Insurance Commission	20000	10	10	20
194E - Payment to Non-Resident Sportsmen or Sports Association	-	10	10	20
194EE - Payments out of deposits under NSS	2500	20	-	20
194F - Repurchase Units by MFs		20	20	20
194G - Commission - Lottery	1000	10	10	20
194H - Commission / Brokerage	5000	10	10	20
194I - Rent - Land and Building	180000	10	10	20
194I - Rent - Plant / Machinery	180000	2	2	20
194J - Professional Fees	30000	10	10	20
194K - Income in respect of units	2500	10	10	20
194LA - Immovable Property	100000	10	10	20
194LB - Income by way of interest from infrastructure debt fund (non-resident)		5	5	20
195 - Other Sums	-	Average rates as applicable		Higher of average rate or 20% u/s 206AA
196B - Income from units		10	10	20
196D - Income of FIIs from securities	20	20	20	20

Notes
1. In case of no / invalid PAN, section 206AA will apply, i.e., higher of the following will be the applicable rate:
a. Rates specified in the relevant provisions of the Act
b. Rates or rates in force
c. At the rate of 20%