| Sl. No. | Nature of
Payment | Section | Basic
Cut-off (Rs.) p.a. | TDS Rate:
Individual/HUF | TDS Rate:Other
than Individual/ HUF | TDS Rate: No
PAN/ Invalid PAN |
| 1 | Payment of
Salaries by Employers | 192 | Slab rate | Slab rate | Not applicable | 30% |
| 2 | Premature
payment by PF Organization from EPF A/c (i.e. before 5 Years). | 192A | 50,000.00 | 10% | Not
applicable | 20% |
| 3 | Payment
of Interest on Securities by company. | 193 | 10,000.00 | 10% | 10% | 20% |
| 4 | Payment
of Dividend other than dividend as referred to Section 1150 by company (i.e.
Dividend on which Dividend Distribution Tax is notpaid) | 194 | 2,500.00 | 10% | 10% | 20% |
| 5 | Payment
of Interest by bank | 194A | 40,000.00
(Non Sr. Citizen) 50,000.00 (Sr. Citizen) | 10% | 10% | 20% |
| 6 | Payment
of Interest by others | 194A | 5,000.00 | 10% | 10% | 20% |
| 7 | Payment
of prize from Wining from Lotteries by any person. | 194B | 10,000.00 | 30% | 30% | 30% |
| 8 | Payment
of prize from Wining from Horse Race by any person. | 194B | 10,000.00 | 30% | 30% | 30% |
| 9 | Payment
to Contractors by any person | 194C | 30000(Single
nill) or 1 Lakh aggregate bills during the year. | 1% | 2% | 20% |
| 10 | Payment
to Transporter Covered u/s. 44E and submit declaration in prescribed format.
(i.e. owning less than 10 goods carriages) | 194C | – | 0 | 0 | 20% |
| 11 | Payment
to Transporter not covered U/s.44E (i.e., owning more than 10 goods
carriages) | 194C | 30000
(single bill) or 75000 aggregate bills during the year | 1% | 2% | 20% |
| 12 | Payment
of Insurance Commission to agents by Insurance Company. | 194D | 15,000.00 | 5% | 10% | 20% |
| 13 | Payment
in respect of maturity of Life Insurance Policy by life insurance Company | 194DA | 1
Lakh | 1% | 1% | 20% |
| 14 | Payment
to NRI sportsman or association by any person. | 194E | – | 20% | 20% | 20% |
| 15 | Payment
out of deposit under National Saving Scheme (NSS) | 194EE | 2,500.00 | 10% | 10% | 20% |
| 16 | Payment with respect
to repurchase of units by Mutual FundCompanies. | 194F | – | 20% | 20% | 20% |
| 17 | Payment
of Lottery Commission | 194G | 15,000.00 | 5% | 5% | 20% |
| 18 | Payment
of commission or Brokerage | 194H | 15,000.00 | 5% | 5% | 20% |
| 19 | Payment
of rent on land, building, furniture and fittings. | 1941 | 240,000.00 | 10% | 10% | 20% |
| 20 | Payment
of rent on plant, machinery or equipments. | 1941 | 240,000.00 | 2% | 2% | 20% |
| 21 | Payment
made on account of transfer of immovable property other than agricultural
land | 194IA | 50
Lakh | 1% | 1% | 20% |
| 22 | Rent
payable by individual not covered u/s. 194I for land, building, F&F | 1941B | 50,000.00
PM | 5% | 5% | 20% |
| 23 | Payment
of Professional fees other than call centers | 194J | 30,000.00 | 10% | 10% | 20% |
| 24 | Payment
of Professional fees to call centers | 194J | 30,000.00 | 2% | 2% | 20% |
| 25 | Compensation
on transfer of certain immovable property other than Agricultural Land | 194LA | 250,000.00 | 10% | 10% | 20% |
Karthik & Sunil 