TMI BlogRate of Tax Collection at Source for the Financial Year 2020-21X X X X Extracts X X X X X X X X Extracts X X X X ..... on-Residents/Domestic Company 206C(1) Alcoholic liquor for human consumption 1% 206C(1) Tendu leaves 5% 206C(1) Timber obtained under a forest lease or other mode. 2.5% ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7 Lakh in a financial year if remitted amount is out of loan obtained from any financial institution u/s 80E for the purpose of pursuing any education 0.5% (applicable from 01.10.2020) Foreign remittance through Liberalised Remittance Scheme (LRS) of exceeding Rs. 7 Lakh in any other case 5% (applicable from 01.10.2020) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... #8377; 5 Crores Non resident co-operative society / firm -12% Surcharge in case of Non Resident other than Foreign Company exceeds ₹ 1 Crore. -Non Resident company -2% Surcharge in case of foreign company and amount exceeds ₹ 1 Crore to ₹ 10 Crore. In case of more than ₹ 10 Crore, 5% surcharge is applicable. 2. Cess Health and Education Cess - ..... X X X X Extracts X X X X X X X X Extracts X X X X
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