Name : Swati

Dhankhar
Class: B.com [pass]
final year
Section:E
Roll number:330
S.192 - TDS ON SALARIES
• DEDUCTOR- ANY PERSON
• DEDUCTEE- RESIDENT OR NON
RESIDENT.
• RATE OF TDS : SLAB RATE
APPLICABLE TO SPECIFIC
EMPLOYEES ON THE BASIS OF HIS
ESTIMATED INCOME.
 S. 193 TDS ON INTEREST ON SECURITIES

DEDUCTOR - ANY PERSON

• DEDUCTEE – RESIDENT
• RATE OF TDS – 10%
• LIMIT : >=2500.
• NOTE: NO TDS
IF:1. SECURITIES IS IN DEMAT FORM
• 2. IS LISTED ON STOCK EXCHANGE
S.194 – TDS ON DIVIDEND
• DEDUCTOR- ANY PERSON
• DEDUCTEE- RESIDENT OR NON RESIDENT
• RATE -10%
• NOTE :
• NO TDS ON DIVIDEND EXEMPT U/S 115-O,
• TDS ON DEEMED DIVIDEND U/S 2(22)(e).
 S.194A – TDS ON INT. ‘OTHER THAN
• SEC.193’
DEDUCTOR- PERSON LIABLE TO GET THEIR BOOKS AUDITED
• DEDUCTEE – RESIDENT
• RATE – 10%
• LIMITS: – >=10000 WHERE PAYER IS BANKING CO. , CO-OP. SOCIETY BANK ,
POST OFFICE – >=5000 IN OTHER CASE
• NOTES:
1. NO TDS :
1. PAYMENT IS MADE TO BANK; FINANCIAL CORP. ESTB. UNDER ANY
CENTRAL , STATE, PROVINCIAL ACT; PARTNER OF FIRM. 2. PAYMENT BY CO-
OP. SOCIETY TO MEMBERS 3. ON INT. OF RECURRING DEPOSITS AND SAVING
BANK. 4. INT. UNDER INCOME TAX OR WEALTH TAX ACT 5. ON ZERO
COUPOUN BOND
S.194B/ S. 194BB – TDS ON WINNINGS FROM
LOTTERY OR CROSSWORD PUZZLE OR
OTHER GAME OF ANY SORT / HORSE RACE
• DEDUCTOR – ANY PERSON
• DEDUCTEE – ANY PERSON
• RATE – 30%
• LIMIT : >=5000
194C – TDS ON PAYMENT FOR WORKS
CONTRACT
• DEDUCTOR- PERSON LIABLE TO GET THEIR BOOKS AUDITED
• DEDUCTEE – RESIDENT
• RATE: PAYEE IS IND. OR HUF – 1 ANY OTHER ASSESSEE – 2%
• LIMIT: SINGLE CONTRACT >=30000 ANNUAL AGG. AMOUNT >=75000.
• NOTES :
1. NO TDS IF PAYMENT IS FOR PERSONAL PURPOSE OF IND. OR HUF
. 2. NO TDS IF TRANSPORTER FURNISHES HIS PAN
3. TDS ON INVOICE VALUE EXCLUDING MATERIALS AMOUNT IF
SEPARATELY SHOWN , ELSE ON WHOLE AMOUNT.
S.194D -TDS ON INSURANCE
COMMISSION
• DEDUCTOR – ANY PERSON
• DEDUCTEE – ANY RESIDENT
• RATE OF TDS- 10%
• LIMIT : =>20,000
S.194E - TDS ON PAYMENT TO NON
RESIDENT SPORTSMEN OR SPORTS
ASSOCIATION
• DEDUCTOR – ANY PERSON
• DEDUCTEE – ANY NON RESIDENT NOT CITIZEN OF INDIA
• RATE – 10%
S.194G - TDS ON COMMISSION ON
SALE OF LOTTERY TICKETS

• DEDUCTOR – ANY PERSON

• DEDUCTEE – ANY PERSON
• RATE – 10%
• LIMIT =>1000
S.194H - TDS ON COMMISSION OR
BROKERAGE

• DEDUCTOR- PERSON LIABLE TO GET THEIR BOOKS AUDITED

• DEDUCTEE – RESIDENT
• RATE : 10%
• LIMIT: =>5000
• NOTE :
• NO TDS ON PAYMENT BY BSNL & MTNL TO THEIR PCO
FRANCHISEES
• NO TDS ON TRANSACTION RELATED TO SECURITIES
S.194I – TDS ON RENT

• DEDUCTOR- PERSON LIABLE TO GET THEIR BOOKS AUDITED

• DEDUCTEE – RESIDENT
• RATE : – FOR USE OF PLANT & MACHINERY – 2% – FOR USE OF
LAND ,BUILDING , FURNITURE AND FITTING – 10%
• LIMIT : =>1,80,000
• NOTE :
1. TDS TO BE DEDUCTED ON WAREHOUSING CHARGES AND NON
REFUNDABLE DEPOSITS ALSO
2. NO TDS ON SERVICE TAX COMPONENT
S.194J – TDS ON FEES FOR PROFESSIONAL SERVICE,
TECHNICAL SERVICE, ROYALTY, OR ANY NON
COMPETE FEES

• DEDUCTOR- PERSON LIABLE TO GET THEIR BOOKS AUDITED

• DEDUCTEE – RESIDENT
• RATE : 10%
• LIMIT :=>30,000
• NOTE:
• NO TDS IF PROFESSIONAL FEES PAID BY NON RESIDENT TO RESIDENT
THROUGH BANKING CHANNELS AND NON RESIDENT DO NOT HAVE ANY
AGENT IN INDIA
• NO TDS ON PAYMENT MADE BY IND. & HUF FOR PERSONAL PURPOSE.
S.194LA - PAYMENT ON COMPENSATION OF
COMPULSORY ACQUISATION OF ANY IMMOVABLE
PROPERTY

• DEDUCTOR – ANY PERSON

DEDUCTEE – ANY RESIDENT
• RATE : 10%
• LIMIT: =>1,00,000
• NOTE :
• NO TDS ON COMPULSORY ACQUISATION OF AGRICULTURE LAND.
 S.195 – TDS ON ANY SUM PAID TO NON
RESIDENT OR A FOREIGN COMPANY
• DEDUCTOR – ANY PERSON
• DEDUCTEE – NON RESIDENT OR FOREIGN COMPANY
• RATE :
AT THE RATE IN FORCE
• AN IMPORTANT CASE – VODAFONE INTERNATIONAL HOLDINGS
B.V. Vs. UOI
S.196 – NO TDS ON SPECIFIED PERSONS
1. NO TDS ON ANY SUM PAID TO :
2. THE GOVERNMENT
3. THE RBI
4. CORPORATION ESTABLISHED BY OR UNDER A CENTRAL ACT WHICH
IS EXEMPT FROM INCOME TAX
5. MUTUAL FUND SPECIED UNDER S.10(23D)