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    TDS Chart FY 2010-11 & FY 2011-12

    Uploaded by

    R.Gowri Sankar Raja
    This document provides information on tax deducted at source (TDS) rates for the 2010-11 and 2011-12 financial years in India. It lists TDS rates for different types of payments like interest, winnings, rent, professional fees, and payments to contractors. The rates range from 1% to 30% depending on the threshold amount and type of payment. It also provides notes on exceptions and changes made to TDS rules in 2010 regarding due dates for filing returns and issuing TDS certificates.

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    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    TDS Chart FY 2010-11 & FY 2011-12

    Uploaded by

    R.Gowri Sankar Raja
    26 views1 page
    This document provides information on tax deducted at source (TDS) rates for the 2010-11 and 2011-12 financial years in India. It lists TDS rates for different types of payments like interest, winnings, rent, professional fees, and payments to contractors. The rates range from 1% to 30% depending on the threshold amount and type of payment. It also provides notes on exceptions and changes made to TDS rules in 2010 regarding due dates for filing returns and issuing TDS certificates.

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    TDS Chart FY 2010-11 %26 FY 2011-12

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    This document provides information on tax deducted at source (TDS) rates for the 2010-11 and 2011-12 financial years in India. It lists TDS rates for different types of payments like interest, winnings, rent, professional fees, and payments to contractors. The rates range from 1% to 30% depending on the threshold amount and type of payment. It also provides notes on exceptions and changes made to TDS rules in 2010 regarding due dates for filing returns and issuing TDS certificates.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    26 views1 page

    TDS Chart FY 2010-11 & FY 2011-12

    Uploaded by

    R.Gowri Sankar Raja
    This document provides information on tax deducted at source (TDS) rates for the 2010-11 and 2011-12 financial years in India. It lists TDS rates for different types of payments like interest, winnings, rent, professional fees, and payments to contractors. The rates range from 1% to 30% depending on the threshold amount and type of payment. It also provides notes on exceptions and changes made to TDS rules in 2010 regarding due dates for filing returns and issuing TDS certificates.

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    Download as PDF, TXT or read online from Scribd
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    TDS(tax deducted at Source) Rate chart For Financial Year 2010-11 & 2011-12

    Made To resident Threshhold Company,firm. Co-op Society, Local authority HUF , Individual

    Section 194A 194A 194B 194BB 194C

    Nature of payments Interest From Bank Other Interest Winning from Lotteries winning from Horse races Payment to Contractors , Pay to Advt/Sub Contr , Payment to Transportor

    up to 30.06.10 wef 01.07.10 10000 10000 5000 5000 5000 10000 2500 5000 20000(50000 in 30000 (75000 a year) IN year)

    Rate in % 10 10 30 30 2 10 10 30 30 1

    194D 194H 194I 194I 194J Note -1 Note -2 Note-3 Note-4

    Insurance Commission 5000 20000 10 10 Commission/Brokerage 2500 5000 10 10 Rent-property 120000 180000 10 10 Rent-Plant / Machinery 120000 180000 2 2 Professional Fees 20000 30000 10 10 For Section 194C Rs. 20000 for single payment & Rs. 50000/75000 for aggregate Payment during a financial year. Payment Made to Transportor ,Tds is Not required If pan is provided By the Transportor Surcharge and Cess Is not applicable on tds from 01,04,2009 on any payment made to resident. If pan not provided by the deductee then rate as per above table or 20% which ever is higher is to be charged.(effective from 01.04.2010 section 206AA)

    Changes made by TDS rules 2010 w.e f 31.05.2010 1 Last date to file quarterly etds return( form 24Q,form 26Q) has been changed to 15 May of succeeding year.Presently it is 15 June. 2 Form 16A(non salary tds) is now required to be issued quarterly within 15 days from due date to file etds statements. 3 Form 16 (tds from salary) is now required to be issued by 31st May of the financial year immediately following the financial year in which the income was paid and tax deducted.

    Due date of TDS deposit tax deductible in March other months & tax on perquisites opted to be deposited by employer

    30th April of next year 7th of next month

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