What are the present TDS rates for various transactions in
Indai.
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Answer / t.t.abhishek
HI Frineds,
Salaries For Private Employees 192 B Section
Salaries Foe Govt Employes 192 A Section
Contrcat and Sub- Contract Act Comes Under 194 c Section
Rent Comes Under 194 i Section
Professional or technical Service Comes Under 194 J Section
These are Most Important Sections.
Thanking you
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| Is This Answer Correct ? | 16 Yes | 3 No |
Answer / pawan rokade
Interest other than interest on securities payment in
excess of Rs. 5000/- p.a. for individual,HUF & Domestic
Company or firm TDS @ 10%
Payment to Contractors, payment to Sub-contractors & TDS to
Advertising Contractors - if receiptant is Individual or
HUF TDS @ 1% & receipant is Domestic Company or firm TDS @
2%
Commission on Brokerage TDS @ 10% if payment in excess of
Rs. 2500/- p.a.
Rent of Land/Building/ Furniture TDS @ 10% if payment in
excess of Rs. 120000/- p.a.
Rent of Plant, Machinery or Equipment TDS @ 2% if payment
in excess of Rs. 120000/- p.a.
Professional Fess & Tecnhical SErvices / Royalty TDS @ 10%
if payment in excess of Rs. 20000/- p.a.
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / chandu
In India there is TDS depending on the work nature.
i.e Sub-contractors -2.266% ( including e.cess )2.06%
<400000/-
TDS on rent - individuals 16.75%.incase of 20.75%
TDS on salary
TDS on profession 10.3%
pls give rankings
| Is This Answer Correct ? | 15 Yes | 12 No |
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