The updated chart of tax Deduction at Source for
FY 2016-17 or AY 2017-18 is as under:
|
Section
|
Nature of Payment
|
Rate-HUF/Ind
%
|
Rate-Others%
|
|
192
|
Salaries
|
Average
rate
|
-
|
|
192A
|
Payment of accumulated balance due
to an employee
>30000/-
> 50000/- (wef 01-06-2016)
|
||
|
193
|
Interest on Securities
> Rs.10,000
Interest on Debentures
>Rs. 5000/-
|
10
|
10
|
|
194
|
Deemed dividend u/s.2(22)(e)
Dividends other than listed companies
|
10
|
10
|
|
194A
|
Interest other than Interest on
Securities (including recurring deposits wef 01-06-2015) :
Bank/Post office
>Rs.10000/-
Others > Rs.5000/-
|
10
|
10
|
|
194B
|
Lottery / Cross Word Puzzle
> Rs. 10000/-
|
30
|
30
|
|
194BB
|
Winnings from Horse Race >
Rs. 10,000/-/- (w.e.f 1 stJune, 2016)
|
30
|
30
|
|
194C
|
Contracts:
Aggregate annual limit >
Rs. 1,00,000/- (w.e.f 1 st June, 2016)
|
1
|
2
|
|
194D
|
Insurance Commission
> Rs. 15,000/- (w.e.f 1 st June, 2016)
|
5
|
5
|
|
194DA
|
Payment in respect of Life
Insurance Policy (w.e.f. 01/06/2016)
|
01
|
-
|
|
194E
|
Payments to non-resident sportsmen
or sports associations
|
20
|
20
|
|
194EE
|
Payments in respect of NSS
Deposits /- (w.e.f 1 st June, 2016)
|
10
|
-
|
|
194F
|
Repurchase of units by MF/UTI
|
20
|
20
|
|
194G
|
Commission on sale of lottery
tickets 15000/- (w.e.f 1 st June, 2016)
|
5
|
5
|
|
194H
|
Commission or Brokerage
15000/- (w.e.f 1 st June, 2016)
|
5
|
5
|
|
194I
|
Rent of Machinery, Plant or
Equipment > Rs. 1,80,000
|
2%
|
2%
|
|
Land, building (including factory
building) or land appurtenant to a building (including factory building) or
furniture or fittings > Rs. 1,80,000
|
10%
|
10%
|
|
|
194IA
|
Transfer of immovable
property other then agricultural Land >50 Lakhs
|
1%
|
1%
|
|
194J
|
Professional/ Technical
charges/Royalty & Non-compete fees /payments to directors >
Rs. 30,000
|
10%
|
10%
|
|
194LA
|
Compensation on acquisition of
immovable property > Rs.2,50,000/- (w.e.f 1 st June,
2016)
|
||
|
194LB
|
Interest from an Infrastructure
Bond
|
5
|
5
|
|
194LBA
|
Income in the nature of interest
received or receivable from a special purpose vehicle, distributed by a
business trust to its unit holders.
Resident Payee Non Resident Payee
Distribution of income by a
business trust being a real estate investment trust (wef
01-06-2015)
|
10
5
Rates specified in Part II First
Schedule
|
10
5
Rates specified in Part II First
Schedule
|
|
194LBB
|
Payments to a unit holder in
respect of units of Investment Fund u/s 115UB
|
10
|
10
|
|
194LC
|
Interest to Non Resident from
Indian company/business trusts engaged in certain business.
|
5
|
5
|
|
194LD
|
Interest on certain Govt
Bonds/Securities payable on or after 01-06-2013 but before 01-06-2017
|
5
|
5
|
|
195/196B/196C/196D/
196E
|
Payment to non-residents
|
Rates
in force
|
Rates
in force
|
