Section Nature of Payment Threshold Limit (Rs.) Individual / HUF TDS Rates (%) Others TDS Rate (%) 192 Salaries Rs. 2,50,000 Slab Rates Slab Rates 192A Premature EPF withdrawal* Rs. 50,000 10% 10% 193 –TDS on interest on securities*** Rs. 10,000 10% 10% 194 Payment of div...
TDS Payment Tool No sign-up required Completely free Trusted by Indian CAs Sorry, we are taking a short break RazorpayX TDS Payments is currently down since we've migrated to TIN 2.0. We're figuring on how we can best assist you with the new infrastructure. We'll be back in few days...
Section NumberSourcePayee TypeThreshold LimitTDS Rate 192Salary PaymentIndividualBasic exemption limits as per the income tax slab rates.Rates of Income Tax in force. 193Interest on securitiesResident-10% 194Deemed DividendResident IndividualRs. 2500 each Financial year.10% ...
Rent (Under section 194I) Professional service (Under section 194J) Income from Units (Under section 194K) Payment of compensation on acquisition of certain immovable property (Under section 194LA)Non-residentsPayments to Non-resident sportsmen or sports association (Under section 194E) Other sums...
Section NumberSourcePayee typeThreshold LimitTDS Rates 192 Salary Payment Individual Basic exemption limits based on the income tax slab rates. Rates of Income Tax in force. 193 Interest on securities Resident Basic exemption limits based on the income tax slab rates. 10% 194 Deemed Dividend ...
Payment of rent Compensation on acquiring immovable property Winning from games. It includes crossword puzzles, lottery, cards, etc. What is the TDS Certificate? The people in charge of deducting tax at source provide TDS certificates. Further, the certificates must be issued when it is deducted...
This form is to be filled in respect to a tax deduction on payment of employee salary. This return is to be filed by all the employers in India. #2. Form 26Q This form is to be filled in respect to tax deductions on transactions other than payment of salary, such as on rent, prof...
The interest income of the user is taxable under section 194A of the Income Tax Act (ITA), 1961. Banks deduct tax on fixed deposits if the interest earned on the same exceeds INR 40,000 in a year. The TDS rate will apply once the earnings go past the threshold limit of INR 40,000...
property.TDS on sale of property is applicable under Section 194-IA of the income tax law. However, buyers and sellers need not worry about TDS implications at all if the property value is up to Rs 50 lakh. On property deals involving more than Rs 50 lakh, TDS on property sale becomes...
Any deposit taken on an Assured Shorthold Tenancy with rent up to the threshold must be protected. Localism Act 2011 section 184 This Act amended the Housing Act 2004 to address the judgments made in the Court of Appeal, which effectively meant that landlords could escape the penalties that ...