A) Commonly used TDS Provision for payments made to persons resident in India (Individuals, Firms, Companies, etc.):-
Section
|
Nature of Payment for Domestic Transactions
|
Threshold Limit
|
TDS Rate (%)
|
Allowed
|
|
192
|
Salaries (Annexure-I)
|
–
|
Basis on Slab
|
–
|
No
|
192A
|
Premature
withdrawal from EPF
|
50,000
|
10
|
–
|
YES
|
193
|
Interest on Securities/ Debentures
|
10,000
|
10
|
10
|
No
|
Interest
(Banks, co-operative society and post office)/ For Senior Citizen Rs. 50000
|
40,000/
|
10
|
10
|
YES
|
|
194A
|
50000
|
||||
Interest
(Others)
|
5,000
|
10
|
10
|
YES
|
|
Contractor – Single Transaction
|
30,000
|
1
|
2
|
No
|
|
194C
|
Contractor – During the F.Y.
|
100,000
|
1
|
2
|
No
|
Transporter
(44AE) declaration with PAN
|
–
|
–
|
–
|
–
|
|
194H
|
Commission / Brokerage
|
15,000
|
5
|
5
|
No
|
Rent
of Land and Building – F&F
|
240,000
|
10
|
10
|
YES
|
|
194I
|
Rent
of Plant / Machinery / Equipment
|
240,000
|
2
|
2
|
YES
|
194IB
|
Rent by Individual / HUF (wef 01.06.2017)
|
50000/PM
|
5
|
–
|
No
|
194IA
|
Transfer
of certain immovable property other than agriculture land
|
5,000,000
|
1
|
1
|
No
|
Professional Fees / Technical Fees
/Director fees/ royalty
|
30,000
|
10
|
10
|
No
|
|
194J
|
Payment
to Call Centre Operator
|
30,000
|
2
|
2
|
No
|
