What are the present TDS rates for various transactions in
Indai.
Answer Posted / 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 |
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