Invoice Payment

Type of
Section Nature Type Code Rate(%) Type Code
Vendor
192 Payment of salary Resident IS IS PS PS
Premature withdrawal
192A Resident IA IA 10.00% PA PA
from EPF

193 Resident II II 10.00% PI PI

Interest on Securities
194 Dividends Resident ID ID 10.00% PD PD
Interest from other
than interest from
194A securities (from Resident II II 10.00% PI PI
deposits with
banks/post office/co-
Income from lottery
winnings, card games,
194B crossword puzzles, Resident IB IB 30.00% PB PB
and other games of
any type
Winning from Horse
194BB Resident IH IH 30.00% PH PH
Race
Payment to
contractor/sub-
194C Resident IC IC 1.00% PC PC
contractor:-
Individuals/HUF
Payment to
contractor/sub-
194C Resident IT IT 2.00% PT PT
contractor:-
Individuals/HUF
Insurance
194D Resident IN IN 10.00% PN PN
Commission
194DA Life insurance Policy Resident IL IL 5.00% PL PL
Payment

Rate(%)

10.00%

10.00%

10.00%

10.00%

30.00%

30.00%

1.00%

2.00%

10.00%

5.00%