What is TDS and what are the various rates of TDS?
Answer Posted / prashanth
TDS MEANS TAX DEDUCTED AT SOURCES.
various TDS rates are as follows
TDS 194A @ 20% Corporate - Int - Firm/Comp 20
TDS 194C @ 2% Corporate - Contractors - Firm/Comp 2
TDS 194H @ 10% Corporate-Brokerage/Commission - Firm/Comp 10
TDS 194I @ 20% Corporate- Rent - Firm/Company 20
TDS 194I @ 10% Corporate-Rent on Machinery - Firm/Comp 10
TDS 194J @ 10% Corporate-Professional/Tech Fees-Corp 10
TDS 194A @ 10% N Corporate-Int - Indiv/HUF 10
TDS 194C @ 2% N Corporate-Contractors - Indl/HUF 2
TDS 194H @ 10% N Corporate-Brokerage/Commission - Indiv/HUF
10%
TDS 194I @ 15% N Corporate-Rent - Indiv/HUF 15
TDS 194I @ 10% N Corporate-Rent on Machinery - Indiv/HUF 10
TDS 194J @ 10% N Corporate-Professional/Tech Fees-indiv/HUF
10%
TDS 194C @ 1% N Corporate-Contractors - Indl/HUF 1
TDS 194I @ 10% Corporate-Rent - Firm/Company 10
TDS 194I @ 10% N Corporate-Rent - Indiv/HUF 10
TDS 194I @ 2% Corporate-Rent on Machinery - Firm/Comp 2-
TDS 194I @ 2% N Corporate-Rent on Machinery - Indiv/HUF 2
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