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
-
Killer Technology + Intution = Magic Accounting
Robin, , Accounting, Business Taxes, Small Business, Accounting, Future Accounting, New Features, Technology, 55
This guy is awesome. After watching this, I couldnt stop dreaming, how easy accounting could be made. As he...
-
Best Software for Telemarketing
Sumathi, , Accounting, Billing, Business Taxes, ERP Software, Small Business, account software, accountant software, Accounting, accounting software, accounting software for small business, accounting software india, best accounting software, best crm software, Best ERP Software, best ERP software in India, best online crm software, best online erp software in malaysia, billing software in chennai, business accounting software, business crm software, business software, crm software in india, crm software malaysia, ERP Software, ERP software India, online crm software, Reach ERP software, Small Business, Startups, 35
Telemarketing is expensive, it”™s draining and it”™s a big management headache. The hardest part of telemarketing is being nice...
-
-
What can happen if you fail to deduct taxes at Source (T.D.S)
Robin, , Business Taxes, Accounting, Income Tax, Payroll, Tax, Tax Refunds, 1
The Revenue authorities have asked most of us to deduct taxes at source on certain payments at specified rates...
-
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....
-
FAQ on service tax on Construction Service
Robin, , Business Taxes, Tax, 450
A ”˜deemed service”™ provision has been introduced in case of construction service w.e.f. 1-7-2010. Any industrial or commercial construction...
-
Step-by-Step Guide to Finalising your Accounts after the year end
Sumathi, , Accounting, Business Taxes, Corporate Procedures, account filing, Tax filing, 23
With the year-end around, you might be looking at help in finalising your accounts and sending it to your CA...
-
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...
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...