TDS Rate Chart for FY 2024-25 - TDS is applicable on various payments like contractor payments, salary, commission etc. Check out TDS rate chart for FY 2024-25 & AY 2025-26.
194H Brokerage or Commission Resident Rs. 15,000/- per Financial year 5% 194-I Rent Resident Rs. 1,80,000/- per Financial Year P&M or equipment = 2% Land, building, furniture or fixtures = 10%. 194-IA Transfer of immovable property Resident & Transferor Consideration of Rs 50lakhs. ...
Payment for Commission or brokerage (Section 194H) Payment of rent (Section 194I) Payment of fees for professional or technical services (Section 194J) Commission to Stockiest, distributors, buyers and sellers of Lottery tickets including remuneration or prize on such tickets (Section 194G) Income...
18 Payment of commission or Brokerage 194H 15,000.00 5% 5% 20% 19 Payment of rent on land, building, furniture and fittings. 194I 240,000.00 10% 10% 20% 20 Payment of rent on plant, machinery or equipments. 194I 240,000.00 2% 2% 20% 21 Payment made on account of transfer of immov...
194HBrokerage or CommissionResidentRs. 15000 per Financial year5% 194-IRentResidentRs. 180000 per Financial Year- P&M or equipment = 2% - Land, building, furniture or fixtures = 10%. 194-IATransfer of immovable propertyResident TransferorConsideration of Rs 50lakhs.1% ...
Brokerage or Commission Insurance Commission Remuneration paid to the company’s director etc Contractor payments Deemed Dividend Interest on securities Interest apart from interest on securities Transfer of immovable property Payment of rent Compensation on acquiring immovable property ...
Tax is deducted by the payer and is remitted to the Government by the payer on behalf of the payee. The provisions of deduction of tax at source are applicable to several payments such as salary, interest, commission, brokerage, professional fees, royalty, contract payments, etc. In respect...
Nature of Payments and TDS Rates As mentioned earlier TDS is a certain percentage deducted at the time of payments of various kind such assalary, commission, rent, interest on dividends etc.The various payments for which TDS is deducted,Threshold limit(above which TDS is deducted), therateat ...
is charged in advance, rather than on a later date and the recipient get the net amount, i.e. after TDS. Some examples of expenses for which TDS is charged are salary, casual income, interest on securities, payment of rent, payment of fees, payment of commission or brokerage and so on...
Payment for Commission or brokerage (Section 194H) Payment of rent (Section 194I) Payment of fees for professional or technical services (Section 194J) Commission to Stockiest, distributors, buyers and sellers of Lottery tickets including remuneration or prize on such tickets (Section 194G) Income...