TDS RATES APPLICABLE FROM 01.10.

2009

Section Nature of Payment Thresholds Limit to In case recipient is If the recipient is

Code deduct tax an Individual / HUF other than
Individual / HUF

194-A Interest other than Rs.10,000/- p.a. 10 % 10 %

interest on
securities
Interest from
Banking Company

194-A Interest other than Rs.5,000/- p.a. 10 % 10 %

interest on
securities
Interest other than
from Banking
Company

194-C Payment to Rs.20,000/- Per 1% 2%

Contractor Single Contract or
Rs.50,000/- exceed
during the financial
year

194-C Payment to Rs.20,000/- Per 1% 2%

Advertising Single Contract or
Contractor / Sub Rs.50,000/- exceed
Contractor during the financial
year

194-C Payment to If PAN Quoted NIL NIL

transport contractor
/ sub contractor

194-C Payment to If PAN not quoted 1% 2%

transport contractor
/ sub contractor *20% from *20% from
01.04.2010 01.04.2010
194-H Payment of Rs.2,500/- p.a. 10 % 10 %
commission or
brokerage to
resident

194-I Payment of Rent Rs.1,20,000/- p.a. 10% 10%

*20% from *20% from

01.04.2010 01.04.2010

194-I Payment of Rent for Rs.1,20,000/- p.a. 2% 2%

use of Plant ,
Machinery or *20% from *20% from
Equipment 01.04.2010 01.04.2010

194-J Payment of Rs.20,000/- p.a. 10 % 10 %

professional or
technical services

Note :

1. Surcharge ,Education Cess and Health Cess is not applicable for TDS.
2. w.e.f 01-10-2009, the nil rate will be applicable if the transporter quotes his PAN. If
PAN is not quoted the rate will be 1% for an individual/HUF transporter and 2% for
other transporters up to 31-03-2010
3. The Rate of TDS will be 20% in all cases, if PAN is not quoted by the deductee
(including transporter) w.e.f. 01-04-2010