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    C.H. Padliya & Co.: Chartered Accountants

    Uploaded by

    Sarat Kumar
    1) This document provides a TDS rate and calculation chart for payments made between October 1, 2014 and March 31, 2015. 2) It outlines the TDS rate to be applied depending on the nature of payment and whether the payment is made to an individual, HUF, firm, etc. or a company. 3) The chart includes columns to fill in the amount of the bill/payment, the TDS amount to deduct, and the net payable amount. Notes provide additional instructions on TDS applicability and deadlines.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    C.H. Padliya & Co.: Chartered Accountants

    Uploaded by

    Sarat Kumar
    14 views6 pages
    1) This document provides a TDS rate and calculation chart for payments made between October 1, 2014 and March 31, 2015. 2) It outlines the TDS rate to be applied depending on the nature of payment and whether the payment is made to an individual, HUF, firm, etc. or a company. 3) The chart includes columns to fill in the amount of the bill/payment, the TDS amount to deduct, and the net payable amount. Notes provide additional instructions on TDS applicability and deadlines.

    Original Description:

    TDS Cal- W.E.F 01.10.2014

    Original Title

    TDS Cal- W.E.F 01.10.2014

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    1) This document provides a TDS rate and calculation chart for payments made between October 1, 2014 and March 31, 2015. 2) It outlines the TDS rate to be applied depending on the nature of payment and whether the payment is made to an individual, HUF, firm, etc. or a company. 3) The chart includes columns to fill in the amount of the bill/payment, the TDS amount to deduct, and the net payable amount. Notes provide additional instructions on TDS applicability and deadlines.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    14 views6 pages

    C.H. Padliya & Co.: Chartered Accountants

    Uploaded by

    Sarat Kumar
    1) This document provides a TDS rate and calculation chart for payments made between October 1, 2014 and March 31, 2015. 2) It outlines the TDS rate to be applied depending on the nature of payment and whether the payment is made to an individual, HUF, firm, etc. or a company. 3) The chart includes columns to fill in the amount of the bill/payment, the TDS amount to deduct, and the net payable amount. Notes provide additional instructions on TDS applicability and deadlines.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 6

    C.H.

    PA
    CHARTER
    90, DAWA BAZAR , 2ND

    TDS RATE & CALCULATION CHAR

    Threshold
    Section Nature of Payment
    Limit

    193 Interest on securities -


    194 Deemed Dividend u/s 2 (22) (e) other than listed company -
    194A Interest other than Interest on Securities (By Bank) 10,000
    194A Interest other than Interest on Securities (By Others) 5,000
    194B Winning from Lotteries/Crossword/Puzzle 10,000
    194BB Winning from Horse Race 5,000
    194C Payment to Contract/Advt/Sub Contract1 30,000
    194C Contractor/subcontractor in transport bus. 6 30,000
    194D Insurance Commission 20,000
    194DA Payment of taxable Life insurance Policy (wef 1/10/14) 100,000
    194E Payment to non- resident sports person or sports association -
    194EE Payments out of deposits under NSS 2,500
    194F Repurchase of units by MF/UTI 1,000
    194G Commission on sale of lottery tickets 1,000
    194H Commission/Brokerage 5,000
    194I Rent - on Plant & Machinery, Equipment and Furniture & Fittings 180,000
    194I Rent - Land & Building 180,000
    194IA Payment on transfer of immovable property other than agricultural land 5,000,000
    194J Professional Fee/Technical charges/Royalty & Non-compete fees 30,000
    194J(1)(ba) Any remuneration or commission paid to director of the company -
    194LA Compensation on acquisition of immovable property 200,000
    194LB Income by way of interest from infrastructure debt fund (non-resident) -
    194LBA Incomepaid under section 115UA (wef 1/10/14)
    - Resident -
    - Non Resident -
    Income by way of interest by an Indian specified company to a non-resident /
    194LC foreign company on foreign currency approved loan / long-term infrastructure -
    bonds from outside India
    196B Income of offsure funds from units -

    196C Income from foreign currency bonds or GDR (including long-term capital gains
    on transfer of such bonds) (not being dividend) -

    Note 1 Rs. 30000/- for single payments & Rs.70000/- for aggregate payment during Financial Year w.e.f from 01/07/2
    Note 2 Education Cess is not deductible/collectible at source in case of resident Individual/HUF /Firm/ AOP/ BOI/ Dom
    is deductible at source in case of non-residents and foreign company.
    Note 3 Tax should be deducted on Gross Amount.
    Note 4 Tax deducted has to be paid within 1 week from the end of the month in which the deduction is made.
    Note 5 PAN NO. IS MUST,Whenever Tax is deducted, it is necessary to obtain PAN of the party. If Pan not quoted 20
    Note 6 Nil Rate will be applicable if the transporter quotes his PAN. If PAN is not Quoted the rate will be 20%.
    Note 7 No TDS on service Tax :As per circular 01/2014 dated 13.01.2014 TDS is not applicable on service tax part if
    C.H. PADLIYA & CO.
    CHARTERED ACCOUNTANTS
    0, DAWA BAZAR , 2ND FLOOR, 13-14 R.N.T. MARG, INDORE

    LCULATION CHART (From 1st October, 2014 to 31st March, 2015)

    TDS Rate TDS Rate TDS Amount


    If Payment made If Payment made If Payment made
    to to Company/ Amount Of to
    Instructions
    Individual/HUF Firm/etc Bill/Payment Individual/HUF

    10% 10% <-Fill Amount Here -


    10% 10% <-Fill Amount Here -
    10% 10% <-Fill Amount Here -
    10% 10% <-Fill Amount Here -
    30% 30% - <-Fill Amount Here -
    30% 30% - <-Fill Amount Here -
    1% 2% - <-Fill Amount Here -
    - - - <-Fill Amount Here -
    10% 10% - <-Fill Amount Here -
    2% 2% - <-Fill Amount Here -
    20% 20% <-Fill Amount Here -
    - 20% <-Fill Amount Here -
    20% 20% - <-Fill Amount Here -
    10% 10% - <-Fill Amount Here -
    10% 10% - <-Fill Amount Here -
    2% 2% - <-Fill Amount Here -
    10% 10% - <-Fill Amount Here -
    1% 1% - <-Fill Amount Here -
    10% 10% - <-Fill Amount Here -
    10% 10% - <-Fill Amount Here -
    10% 10% - <-Fill Amount Here -
    5% 5% - <-Fill Amount Here -

    10% 10% - <-Fill Amount Here -


    5% 5% - <-Fill Amount Here -

    5% 5% - <-Fill Amount Here -

    10% 10% - <-Fill Amount Here -

    10% 10% - <-Fill Amount Here -


    -
    cial Year w.e.f from 01/07/2010.
    /HUF /Firm/ AOP/ BOI/ Domestic Company in respect of payment of income other than salary. Education Cess @ 2% plus secondary & Hig

    deduction is made.
    party. If Pan not quoted 20% w.e.f.-01/04/2010.
    he rate will be 20%.
    cable on service tax part if service tax is shown separately.
    TDS Amount Net Payable Net Payable
    If Payment made If Payment made If Payment made
    to Company/ to to Company/
    Firm/etc Individual/HUF Firm/etc

    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -
    - - -

    - - -
    - - -

    - - -

    - - -

    - - -
    - - -
    ation Cess @ 2% plus secondary & Higher Education Cess @ 1%

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