Rate of Tax Deduction at Source (TDS Chart) for the Financial Year 2009-10 - Income Tax - Ready Reckoner - Income Tax

Rates of TDS for the Financial Year 2009-2010 Section Particulars TDS Surcharge and Education Cess 192 Salary Normal Rate 1. Surcharge: No Surcharge on TDS in case of payment is made to Resident or Domestic Company No Surcharge on TDS in case of payment is made to Non Resident other than Foreign Company 2.5% Surcharge on TDS if the recipient is a foreign company and amount exceeds ₹ 1 Crore. 2. Education Cess No EC or SHEC on TDS in case of payment is made to Resident or Domestic Company [Other than Salary] 3% EC and SHEC (2% + 1%) on TDS in case of Salary 3% EC and SHEC (2% + 1%) on TDS in case of payment is made to Non Resident 193 Interest on Specified Securities 10% 193 Interest other Securities 10% 194 Dividend (Deemed) 10% 194 Dividend (Other) Nil 194A Interest other than interest on security 10% 194B Winning from Lotteries 30% 194BB Winning for horse race 30% 194C Payment to Advertising agency (Up to 30-09-2009) 1% 194C Payment to subcontractor (Up to 30-09-2009) 1% 194C Payment to other contractors (Up to 30-09-2009) 2% 194C Payment to Individuals and HUF (w.e.f. 1-10-2009) 1% 194C Payment to other contractors (w.e.f. 1-10-2009) 2% 194D Insurance Commission 10% 194E Payment to a non-resident sportsman or association 10% 194EE Payment for National Saving Scheme, 1987 20% 194F Payment for repurchase of units 20% 194G Commission on sale of lottery ticket 10% 194H Commission or Brokerage 10% 194I Rent on land, building or furniture (upto 30-09-2009) (in case of Individual and HUF) 15% 194I Rent on land, building or furniture (upto 30-09-2009) (in case of person other than Individual and HUF) 20% 194I Rent on plant, machinery or equipment (up to 30-09-2009) 10% 194I Rent on land, building or furniture (w.e.f. 1-10-2009) 10% 194I Rent on plant, machinery or equipment (w.e.f. 1-10-2009) 2% 194J Fees for Professional/Technical services 10% 194LA Compensation to a resident on acquisition of certain immovable property 10% 1. Self Declaration - Tax (TDS) is not deductible under section 193 , 194, 194A , 194EE or 194K if the recipient makes a declaration in Form 15G / 15H under the provisions of section 197A . 2. Certificate from AO - Under Section 197 - A person can apply to AO and seek a certificate in Form 13 for no deduction of TDS or deduction of TDS at lower rates under sections192 , 193 , 194 , 194A , 194C , 194D , 194G , 194H [, 194-I , 194J , 194K , 194LA and 195 . ===================================