TDS(tax deducted at Source) Rate chart For Financial Year 2010-11 | |||||
Made to Resident | Threshhold | Company,firm.Co-op Society,Local authority | HUF , Individual | ||
Section | Nature of payments | up to 30.06.10 | wef 01.07.10 | Rate in % | |
194A | Interest from Bank | 10000 | 10000 | 10 | 10 |
194A | Other Interest | 5000 | 5000 | 10 | 10 |
194B | Winning from Lotteries | 5000 | 10000 | 30 | 30 |
194BB | winning from Horse races | 2500 | 5000 | 30 | 30 |
194C | Payment to Contractors , Pay to Advt/Sub Contr , Payment to Transportor | 20000(50000 in a year) | 30000 (75000 IN year) | 2 | 1 |
194D | Insurance Commission | 5000 | 20000 | 10 | 10 |
194H | Commission/Brokerage | 2500 | 5000 | 10 | 10 |
194I | Rent-property | 120000 | 180000 | 10 | 10 |
194I | Rent-Plant / Machinery | 120000 | 180000 | 2 | 2 |
194J | Professional Fees | 20000 | 30000 | 10 | 10 |
Note -1 | For Section 194C Rs. 20000 for single payment & Rs. 50000/75000 for aggregate Payment during a financial year. | ||||
Note -2 | On payments made to Transporter, TDS is not required if PAN is provided. | ||||
Note-3 | No Surcharge and Cess on payments made to a resident | ||||
Note-4 | If PAN is not provided, The above rates or 20%, whichever is higher has to be deducted. |
T.D.S Rate Chart for the Financial Year 2010-11
-
You will not need an Accountant Anymore. Period. The Bank Feed is here…
Robin, , Accounting, Business Taxes, Bank Feed Integration, Fully Automatic Accounting, 1353
We are thrilled to announce that “Reach Accountant” is the First Indian Accounting Software to support automatic Bank Feeds....
-
What is TIN number and How to apply for Tin Number?
Sumathi, , Business Taxes, 23
TIN number, you may hear this first time when you newly into business or otherwise you can know it...
-
How to Register with Excise?
Robin, , Business Taxes, Small Business, Excise Duty, Manufacturers, Small Business, Tax, 1102
What is Excise? An excise or excise tax (sometimes called a duty of excise or a special tax) may...
-
“This is what I like to see” – Expected Testimonial of a Future Customer
Robin, , Accounting, Business Taxes, Accounting, Case Study, Customer Satisfaction, Future Accounting, Small Business, Startups, Testimonials, Useful Products, 95
Future Testimonial View more presentations from Reach Tax. Robin
-
-
Still waiting for your Tax Refunds? 5 things you should do.
Robin, , Business Taxes, Small Business, Small Business, Tax Refunds, 1393
Most of you would be fustrated about the delay in your Tax Refunds; The good new for you is...
-
What is the Format of GST Invoice?
Sumathi, , Business Taxes, 341
What is the Format of a GST Invoice? There are two types of GST Invoice you can raise Tax...
-
Important Tax Dates to remember!
Robin, , Business Taxes, Tax Calendar, 105
Please mark the following dates in your Calendar. Will help you keep up with deadlines and avoid penalties. Robin
Read More Exciting Content here
-
The Billionaire Guide On Workshop Software That Helps You Get Rich 30th December 2019
Workshop business is the most profitable business and is considered to be a good money-making ventur...
-
TOP-5 BOOKEEPING SOFTWARES IN INDIA 12th December 2019
Top features of Reach : Accounting Purchase Managment Customer Managment Vendor Managment Automatic ...
-
Best GST Software In India 10th January 2018
Which is the Best GST Software In India ? With the introduction of Goods and Service Tax, various st...
-
Input Tax Credit under GST 5th January 2018
Input tax credit (also referred to as, “ITC”) is one of the key features of Goods and Services T...
-
GST Registration for Branches 4th January 2018
In any tax system, registration is the most fundamental requirement for identification of tax payers...