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Answer Posted / r.chandrasekaran
NEW TDS RATE W.E.F. 01/10/09 ARE AS FOLLOWS:
SEC 193 INTEREST ON DEBENTURES & SECURITIES FOR CO. 20%
OTHERS 10%
SEC 194A OTHER INTEREST > RS.5000/- COMPANY 20%
OTHERS 10%
SEC 194C CONTRACTS TO TRANSPORTERS,WHO HAS
PROVIDED A VALID PAN 0%
CONTRACTS TO INDIVIDUALS/HUF 1%
CONTRACTS TO OTHERS 2%
SEC 194H COMMISSION OR BROKERAGE > RS.2500 10%
SEC 194I RENT > RS.1.2 LACS/P.A.ON PLANT & MACH 2%
RENT ON LAND, BUILDING & FURNITURE 10%
SEC 194J PROFESSIONAL OR TECHNICAL FEE >RS.20000/- 10%
SURCHARGE AND EDUCATIONAL CESS HAS BEEN REMOVED TOTALLY FOR TDS
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