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All TDS rate Chart (192 to 195) applicable from Financial year 2019-20 (AY 2019-20) for payments made to persons resident/ non resident in India (Individuals, Firms, Companies, etc.) along with threshold limit, applicability for resident or non resident, TDS rate, non deduction of TDS and point of time of deduction.
| Section | Nature of Payment for Domestic Transactions | Thres-hold Limit | Individual / HUF | Others | 15G-15H | Deduction At the time of |
| Rs. | TDS Rate (%)
|
Allowed | ||||
| 192 | Salaries (Annexure-I)
(resident & non resident) |
– | Basis on Slab | – | No | payment |
| 192A | Premature withdrawal from EPF | 50,000 | 10 | – | YES | payment |
| 193 | Interest on Securities/ Debentures | 10,000 | 10 | 10 | No | Credit or payment (earlier) |
| 194 | Dividends (other than listed Companies) | – | 10 | 10 | YES | payment |
|
194A |
Interest (Banks)/ For Senior Citizen Rs. 50000 | 40,000/
50000 |
10 | 10 | YES | Credit or payment (earlier) |
| Interest (Others) | 5,000 | 10 | 10 | YES | Credit or payment (earlier) | |
| 194B | Winning from Lotteries
(resident & non resident) |
10,000 | 30 | 30 | No | payment |
| 194BB | Winning from Horse Race
(resident & non resident) |
10,000 | 30 | 30 | No | payment |
|
194C
|
Contractor – Single Transaction | 30,000 | 1 | 2 | No | Credit or payment (earlier) |
| Contractor – During the F.Y. | 1,00,000 | 1 | 2 | No | Credit or payment (earlier) | |
| Transporter (44AE) declaration with PAN | – | – | – | – | ||
| 194D | Insurance Commission | 15,000 | 5 | 10 | YES | Credit or payment (earlier) |
| 194DA | Life insurance Policy | 1,00,000 | 1 | 1 | YES | payment |
| 194E | Non-Resident Sportsmen or Sports Association | 20 | 20 | No | Credit or payment (earlier) | |
| 194EE | NSS
(resident & non resident) |
2,500 | 10 | 10 | YES | payment |
| 194F | Repurchase Units by MFs
(resident & non resident) |
20 | 20 | No | Credit or payment (earlier) | |
| 194G | Commission – Lottery
(resident & non resident) |
15,000 | 5 | 5 | No | Credit or payment (earlier) |
| 194H | Commission / Brokerage | 15,000 | 5 | 5 | No | Credit or payment (earlier) |
|
194I |
Rent of Land and Building – F&F | 2,40,000 | 10 | 10 | YES | Credit or payment (earlier) |
| Rent of Plant / Machinery / Equipment | 2,40,000 | 2 | 2 | YES | Credit or payment (earlier) | |
| 194IB | Rent by Individual / HUF (wef 01.06.2017) | 50000/PM | 5 | – | No | Credit or payment (earlier) |
| 194IA | Transfer of certain immovable property other than agriculture land | 50,00,000 | 1 | 1 | No | Credit or payment (earlier) |
|
194J |
Professional Fees / Technical Fees /Director fees/ royalty | 30,000 | 10 | 10 | No | Credit or payment (earlier) |
| Payment to Call Centre Operator | 30,000 | 2 | 2 | No | Credit or payment (earlier) | |
|
194LA |
Compensation on transfer of certain immovable property other than agricultural land | 2,50,000 | 10 | 10 | No | payment |
| Immovable Property (TDS exempted under RFCTLARR Act (w.e.f. 01.04.2017) | – | – | – | – | ||
| 194LB | Income by way of interest from infrastructure debt fund(non- resident) | 5 | 5 | No | Credit or payment (earlier) | |
| 194LC | Income by way of interest by an Indian specified company to a non-resident / foreign company on foreign currency approved loan / long-term infrastructure bonds from outside India (applicable from July 1, 2012) | 5 | 5 | No | Credit or payment (earlier) | |
| 194LD | Interest on certain bonds and Govt. Securities (from 01-06-2013)
(non resident) |
5 | 5 | No | Credit or payment (earlier) | |
| 195 | Other sum (payable to non Resident) | |||||
| a) Income in respect of investment made by a Non-resident Indian Citizen | 20 | 20 | No |
Credit or payment (earlier) |
||
| b) Income by way of long-term capital gains referred to in Section 115E in case of a Non-resident Indian Citizen | 10 | 10 | No | |||
| c) Income by way of long-term capital gains referred to in sub-clause (iii) of clause (c) of sub-section (1) of Section 193 | 10 | 10 | No | |||
| d) Income by way of short-term capital gains referred to in Section 111A | 15 | 15 | No | |||
| e) Any other income by way of long-term capital gains [not being long-term capital gains referred to in clauses (33), (36) and (38) of Section 10] | 20 | 20 | No | |||
| f) Income by way of interest payable by Government or an Indian concern on money borrowed or debt incurred by Government or the Indian concern in foreign currency (not being income by way of interest referred to in Section 194LB or Section 194LC | 20 | 20 | No | |||
| Any other income | 30 | 30 | No | |||
(Mr. Sandeep Rawat has vast experience & knowledge in dealing with Direct and Indirect Taxation. He can be reached at sandeeprawatca@gmail.com)
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